UniWagon sold 12.22% of its stock for RUR 9 billion (USD 176 million) at the IPO, the Kommersant reports. The largest packages were sold to PPF Group (Czech company owned by Petr Kellner) and National Capital companies (controlled by Blagosostoyanie Pension Fund). Both the investors are believed to be “friendly” to IST Group, UniWagon owner.
UniWagon commented that foreign investors ensured 38% of demand, “wealthy private investors” bout 18.4% and pension funds acquired 11.1%.
In 2014 UniWagon showed a revenue of RUR 17.1 billion (USD 334.4 million), EBITDA of RUR 3.6 billion (USD 70.4 million), net profit of RUR 549 million (USD 10.7 million), total debt of RUR 89 billion (USD 1.7 billion). The company expects to show a 5-times increase of its revenue and 50-times increase of the net profit in five years due to the increasing demand for freight
Share on:
