The normalized profit attributable to the shareholders of PJSC NOVATEK, excluding the effect of exchange differences, amounted to 553.4 billion rubles in 2024, which is 4.6% higher than in 2023. This was announced by the company.
Revenue from sales and normalized EBITDA, taking into account the share of joint ventures in EBITDA, amounted to 1.546 trillion rubles and 1.008 trillion rubles, respectively, an increase of 12.7% and 13.2%.
Net cash generated from the group's operating activities amounted to RUB 357.1 billion, a decrease of 17.6%. The funds used to pay for capital investments amounted to 193 billion rubles, which is 13.8% lower than in 2023.
PJSC NOVATEK is an independent producer of natural gas in Russia. Established in 1994, the company is engaged in the exploration, production, processing and sale of gas and liquid hydrocarbons. NOVATEK's fields and licensed areas are located primarily in the Yamalo-Nenets Autonomous Okrug.
The profit attributable to the shareholders of PJSC NOVATEK for the first half of 2024 amounted to 341.7 billion rubles (114.34 rubles per share), which is 2.2 times higher than in the first half of 2023 — 155.6 billion rubles.
