Sberbank - ALROSA PJSC (ALRS) CIS Market Daily - August 11, 2017

Report

Sberbank

Alexander Kudrin

CIS Market Daily - August 11, 2017

> Trader's comment on Russian market
> Market comment - No appetites for risk or oil
> MSCI August rebalancing: Bit more clarity looking toward November
> Fund flows: Russia out of favor
> Gazprom Neft posts strong earnings in 2Q17
> Polyus: Olympic gold
> Evraz 1H17 financials indicate upside to 2017 consensus estimates
> ALROSA rough diamond sales total $286 mln in July
> OTP Bank 2Q17: Strong on low provisions, one-off fee income, Splitska
> Mail.ru Group 2Q17: Top line strong, new projects weigh on margins
> Luxoft: Weak 1Q18 US GAAP numbers lead to full-year downgrade

11/08/2017 19 EN

Underlying

ALROSA PJSC

AK Alrosa PAO. AK Alrosa PAO (Aktsionernaya kompaniya ALROSA PAO or ALROSA Company PJSC), formerly AK Alrosa OAO, is a Russia-based company which is principally engaged in the exploration, mining, manufacture and sales of diamonds. Its operations include five Integrated Mining and Processing Complexes: Mirny, Udachny, Aikhal, Anabar and Nyurba located in the Sakha Republic; sorting divisions and diamond cutting and polishing division. The Company is a member of variable diamonds associations. It operates through several representative offices, branches and subsidiaries, including Alrosa-Nyurba OAO, Almazy Anabara OAO and Severalmaz OAO.

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RU0007252813 Moscow Exchange MICEX-RTS Russia

Provider

Sberbank

Sberbank CIB Investment Research is a research firm offering equity, fixed income, economics, and strategy research. It covers analysis on all aspects of Russia’s capital markets, issues and industries. The firm analyzes trends in Russia and combines local knowledge with a global perspective. It processes macroeconomic data, market and company-specific news, stock quotes and other information for providing research reports. The firm provides details and latest prices on the most traded names and most traded paper on all segments Russian market. In strategy research, it provides thematic research, tips and descriptions of the methodology used to evaluate companies.

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Analysts

Alexander Kudrin

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CIS Market Daily - August 11, 2017

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