Earnings Report /
Russia

Globaltrans: 1H21 IFRS results – above consensus – POSITIVE

  • Globaltrans issued its 1H21 IFRS financial results, which beat the Interfax (IFX) consensus and our estimates

  • Globaltrans’ cargo turnover demonstrated a sizeable rebound to pre-Covid levels of 1H19,yet coming short of 1H20 numbers

  • From a balance sheet perspective, the 1H21 financials demonstrated a minor leverage buildup

Boris Krasnozhenov
Boris Krasnozhenov

Head of Research (Managing Director)

Radmir Fattakhov
Radmir Fattakhov

Analyst, Metals & Mining

Alfa
31 August 2021
Published by