Etalon 1Q '19 Op and FY '18 IFRS Results Call Date

10 April 2019

Etalon Group 1Q 2019 Operating and FY 2018 IFRS Results Call Date

ETALON GROUP PLC ("Etalon Group" or the "Company"), one of Russia's largest and longest-established development and construction companies, will publish its 1Q 2019 operating results on Wednesday, 17 April 2019.

The Company will host a conference call for investors and analysts on the same day at 15:00 London time (17:00 Moscow; 10:00 New York).

The results announcement and presentation will be published on the Company's website (www.etalongroup.com) on the day of the announcement, prior to the conference call.

On the call, the Etalon Group management team will present the Company's 1Q 2019 operating results, FY 2018 IFRS financial results, and provide an update on the integration process of Leader-Invest. Following the presentation there will be a question and answer session for participants.         

Webcast

https://edge.media-server.com/m6/p/rej6jb3o

Dial-in numbers:

+44 2071 928000 - Standard International

+44 844 571 8892 - London

+7 495 249 9849 - Moscow

+1 631 510 7495 - New York

Conference ID Code: 3134249

This and other recent announcements are available on the Etalon Group website: http://www.etalongroup.com/investors/news/ 

Etalon Group IR Team

T: +44 20 8123 1328

E: info@etalongroup.com

EM

Sam VanDerlip

T: +44 7554 993 032

T: +7 499 918 3134

E: vanderlip@em-comms.com

About Etalon Group

Founded in 1987, Etalon Group has become one of Russia's largest development and construction corporations. The Company focuses on middle class residential real estate in the Moscow and St Petersburg metropolitan areas, where it operates through Etalon Invest and Etalon LenSpetsSMU subsidiaries. With a more than 30-year history, Etalon Group has one of the longest and most successful track records in the Russian real estate industry - since its inception, Etalon Group has commissioned 6.3 million sqm.

Etalon Group's strong reputation among consumers supports its pre-sales business model, which helps the Company to minimise external financing needs for on-going projects while maintaining a secure liquidity position: net cash as of 31 December 2018 was RUB 2.2 billion.

The Company is vertically integrated, which helps it to control costs, quality and timing, as well as to demonstrate best-in-class profitability. Etalon Group employs 5 thousand people, and its nationwide sales and marketing network covers 58 Russian cities.

As of 30 June 2018, Etalon Group's assets comprised 39 projects and a construction and maintenance division, with a total of 2.73 million sqm of unsold net sellable area. Knight Frank valued the Company's assets at RUB 132,487 million.

For the year ended 31 December 2018, Etalon Group's new contract sales totalled 628 ths sqm, or RUB 68,731 million. Deliveries in 2018 amounted to 479 ths sqm.

The Company recorded revenue of RUB 72.3 billion and EBITDA of RUB 5.7 billion for the year ended 31 December 2018.

Etalon Group's GDRs have been traded on the Main Market of the London Stock Exchange since 20 April 2011.

In February 2019 Etalon Group acquired 51% of the shares of Leader-Invest, one of Moscow's largest residential developers in terms of land bank and number of projects currently available for sale. Leader-Invest's primary focus is on infill development projects and integrated development of large-scale mixed use projects in the comfort-, business- and premium-class segments. Leader-Invest's portfolio includes 31 projects under construction or at the design stage, unsold inventory at eight completed residential complexes, and commercial real estate, with a total NSA of 1.3 million sqm. As of 1 October 2018, Colliers International valued Leader-Invest's portfolio at RUB 66,645 million.

As a result of the acquisition of Leader-Invest, Etalon Group will become the largest residential developer in Moscow in terms of number of projects offered to the market, and the second-largest in terms of sales and construction volumes. In St Petersburg the Company will maintain its position among the market leaders.