The outlook: within six months "Gazprom" increases its net profit under IFRS by 1.5 times to 682 billion roubles.

In H1 2015 "Gazprom", Russia's largest producer of gas, increased its IAS net profit by 1.5 times to 682.433 billion roubles, according to the consensus forecast of RIA Novosti, compiled in a survey of analysts.

"Gazprom" will publish its financial statements under IFRS for H1 on Monday, August 31. The analysts of Gazprombank expect the company's results mediocre will be in Q2 compared Q1 2015 - mainly due to seasonal factors and the decrease in gas prices, which fall behind the dynamics of oil prices by 6-9 months.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
12 Northfields Prospect; London, - SW18 1PE; United Kingdom
E 51° 27.454518" S 0° 14.101236"

Theme by Danetsoft and Danang Probo Sayekti inspired by Maksimer