Shares of Mobil’nye Telesistemy PAO (ADR) (NYSE:MBT) ended Thursday session in green amid volatile trading. The shares closed up +0.04 points or 0.52% at $7.73 with 3.37 million shares getting traded. Post opening the session at $7.73, the shares hit an intraday low of $7.69 and an intraday high of $7.83 and the price vacillated in this range throughout the day. The company has a market cap of $7.43 billion and the numbers of outstanding shares have been calculated to be 1.99 billion shares.
Mobil’nye Telesistemy PAO (ADR) (MBT) on August 18, 2016 announced its unaudited IFRS financial results for the three months ended June 30, 2016.
Key Financial Highlights of Q2 2016
- Consolidated group revenue increased by 5.3% y-o-y to RUB 108.1 bln
- Total revenue in Russia rose by 3.3% y-o-y to RUB 97.4 bln
- Mobile service revenue in Russia increased by 0.1% y-o-y to RUB 72.8 bln
- Sales of goods in Russia increased by 38.7% y-o-y to RUB 10.6 bln
- Active subscriber base increased by 3.5% for the Group to 109.0 mln
- MTS’s proprietary retail network in Russia increased to 5,838 stores
- Revenue in Ukraine increased by 13.5% y-o-y to UAH 2.7 bln
- YTD Free Cash Flow reached nearly RUB 24.0 bln
- Total Group debt fell to RUB 274.5 bln as Net Debt/LTM Adjusted OIBDA remained stable at 1.1x
Shares of SolarCity Corp (NASDAQ:SCTY) ended Thursday session in red amid volatile trading. The shares closed down -0.80 points or -3.91% at $19.68 with 3.08 million shares getting traded. Post opening the session at $20.28, the shares hit an intraday low of $19.55 and an intraday high of $20.41 and the price vacillated in this range throughout the day. The company has a market cap of $2.02 billion and the numbers of outstanding shares have been calculated to be 100.27 million shares.
SolarCity Corp (SCTY) on Sept. 28, 2015 announced that it has promoted Executive Vice President of Global Capital Markets Radford Small to the role of Chief Financial Officer, reporting to CEO Lyndon Rive.
Mr. Small, among the most experienced executives in renewable energy finance, has enjoyed a successful tenure at SolarCity, where he helped the company create approximately $3 billion in new financing for solar projects. “Rad” initially joined SolarCity in 2015 to oversee financial business development and investor relations, and his role has steadily expanded to include all of the company’s global capital markets activity.
“Rad has been a tremendous asset—he’s excelled at everything we’ve put on his plate—and he brings an incredibly valuable skillset to a potential combination of Tesla and SolarCity,” said CEO Lyndon Rive. “This promotion largely reflects the reality of the current roles and responsibilities in SolarCity’s finance department. Rad has been leading our efforts in the capital markets for some time, and has been playing an increasingly visible role in financial planning and analysis, investor relations and accounting.”