The Expert RA rating agency confirmed the credit rating of PJSC LSR Group at ruA. The rating outlook was revised and changed from «Developing» to «Stable».

The agency noted the strong market and competitive positions of LSR Group given the investment attractiveness of the key regions of presence - St. Petersburg, Moscow and Yekaterinburg. The competitive advantage is also supported by the high diversification of LSR Group's projects and the formed volume of the land bank, which can support the company's activities for more than three years at the current pace of construction.

In addition, experts positively assessed the financial stability of LSR Group - stable debt burden and high level of operating liquidity. In the corporate block, Expert RA noted the transparent structure and effective operational management of the company with independent members of the Board of Directors and the executive body represented by the Management Board.

For more information:

Press service of LSR Group

E-mail:press@lsrgroup.ru

www.lsrgroup.ru

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OJSC LSR Group published this content on 29 December 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 December 2023 11:43:38 UTC.