OR GROUP (previous «Obuv Rossii Group»; MOEX: ORUP) is a modern selling platform comprising the westfalika.ru marketplace, an ecosystem of services and a network of retail and service outlets under the Westfalika brand which has 840 outlets in 337 cities and towns of Russia as of 31.12.2020.
In October 2017, OR GROUP raised 5.9 billion rubles in an IPO on the Moscow Exchange, ORG PJSC was the issuer (28 June 2021, the new name of OR Public Joint-Stock Company was registered, the full new corporate name in English language is OR GROUP Public Joint-Stock Company, the abbreviated company name is ORG PJSC).
In June 2021, the Expert RA rating agency confirmed a credit rating of OR GROUP at the ruBBB level and raised the rating forecast from «developing» to «stable».
In 2020, revenue amounted to RUB 10.8 bln, net profit was RUB 0.6 bln and EBITDA was RUB 2.3 bln (according to the Group's audited financial results under IFRS).
|KEY FINANCIAL HIGHLIGHTS|
|Gross profit, Bln RUB||6.789||7.562||6.231|
|Gross margin, %||58.8||55.2||57.8|
|Revenue, Bln RUB||11.554||13.702||10.772|
|Net profit, Bln RUB||1.332||1.687||0.563|
|EBITDA, Bln RUB||2.855||3.583||2.302|
|EBITDA margin, %||24.7||26.1||21.4|