Latest currency news


MTS: Financial results for 2Q 2022

We have lowered our OIBDA forecast from RUB 238.6 bn to RUB 224.5 bn. (-2.1% yoy) for 2022 and from 279.3 to 246.5 billion rubles. (+9.8% yoy) for 2023 due to a lower figure in 1H 2022, an increase in the forecast for expenses on reserves of MTS Bank and a decrease in the forecast for sales in MTS stores. We are lowering our target share price from RUB354/share to RUB331/share due to lower OIBDA guidance. Upside potential – 39% to the current price.

About author

Oxford graduate with honors. He worked in large financial projects for well-known Wall Street corporations. After he earned his first capital and a reputation as a successful trader, he opened his own company. At the moment, the growth of the company's capital is 20% per year.
Related posts

Special: Gazprom revaluation - severance tax surcharge


Special: Revaluation of Gazprom and Novatek - tax increase


LSR: 1H 2022 financial results


Special: Revaluation of the oil and gas sector - tax increases

Sign up for our Newsletter and
stay informed