Earnings Report /

QIWI: Reports expectedly unimpressive 2Q21 numbers, upgrades guidance – Neutral

  • QIWI reported expectedly weak 2Q21 results with total net revenue from continued operation up only 3% y/y

  • Payment Services returns to positive zone with the net revenue up 5% y/y

  • Corporate and Other segment posted temporary decrease, though losses deepen q/q

Anna Kurbatova
Anna Kurbatova

Senior Analyst, TMT & Agro

Olesya Vorobyeva
Olesya Vorobyeva

Analyst, TMT, Agro and Retail

19 August 2021
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