Earnings Report /

Ozon: Reports strong 2Q21 results, raises 2021 GMV growth guidance – Neutral

  • Ozon (OZON US: N/R) reported its 2Q21 IFRS results

  • Number of orders accelerated to 180% y/y from 161% y/y posted in 1Q21

  • The gap between Ozon and Yandex has narrowed in 1H, relative market positions are likely to remain unchanged in 2H

Anna Kurbatova
Anna Kurbatova

Senior Analyst, TMT & Agro

Olesya Vorobyeva
Olesya Vorobyeva

Analyst, TMT, Agro and Retail

18 August 2021
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