The profit attributable to the shareholders of PJSC NOVATEK in 2025 fell 2.7 times to 183.03 billion rubles from 493.49 billion rubles a year earlier. This is stated in the company's message.
The normalized profit attributable to the shareholders of PJSC NOVATEK, excluding the effect of exchange differences, amounted to 207 billion rubles. compared to 553 billion rubles .
Sales revenue decreased by 6.5% to 1.44 trillion rubles from 1.5 trillion rubles. Normalized EBITDA decreased by 14.7% to 859.3 billion rubles (1 trillion rubles).
Net cash generated from the group's operating activities amounted to RUB 503 billion in 2025, compared to RUB 357 billion in 2024, an increase of 40.9%. The funds used to pay for capital investments amounted to 150 billion rubles, which is 22.1% lower than in 2024.
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.
NOVATEK's net profit under IFRS attributable to shareholders decreased by 34% to 225.7 billion rubles in the first half of 2025. Net profit excluding the effect of exchange differences decreased by 16.9% to RUB 237 billion. Revenue increased by 6.9% to 804 billion rubles. Normalized EBITDA amounted to 471.8 billion rubles, which is 1.8% less than in the same period of 2024.
