Earnings Report /
Russia

Alrosa: December sales – Revenue lower amid depleted inventories, robust demand; Neutral

  • ALROSA reported its December sales results at $254mn, which contributed to a strong end to 2021

  • The 51% y/y decrease in ALROSA’s sales should be also weighted against the high base of December 2020

  • We continue to see positive momentum in the diamond industry

Boris Krasnozhenov
Boris Krasnozhenov

Head of Research (Managing Director)

Yulia Tolstykh
Yulia Tolstykh

Analyst, Metals & Mining

Alfa
13 January 2022
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