Earnings Report /
Russia

Alrosa: 4Q20 trading update – Solid sales increase and diamond inventories draw down

  • ALROSA (ALRS: RX; O/W; TP RUB 118.8/share) reported its 4Q20 trading update

  • The total amount of diamond inventories dropped to 20.7 mn cts as of year-end 2020 vs 30.6 mn cts at the end of 3Q20

  • 4Q20 trading results reflect the positive trend in the industry, which leaves scope for further upside in the name

Boris Krasnozhenov
Boris Krasnozhenov

Head of Research (Managing Director)

Yulia Tolstykh
Yulia Tolstykh

Analyst, Metals & Mining

Alfa
21 January 2021
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