Announcement • Jun 09
Public Joint-Stock Company Federal Hydro-Generating Company - RusHydro, Annual General Meeting, Jun 30, 2025 Public Joint-Stock Company Federal Hydro-Generating Company - RusHydro, Annual General Meeting, Jun 30, 2025. Announcement • Jun 10
Public Joint-Stock Company Federal Hydro-Generating Company - RusHydro, Annual General Meeting, Jun 28, 2024 Public Joint-Stock Company Federal Hydro-Generating Company - RusHydro, Annual General Meeting, Jun 28, 2024. Announcement • Jul 05
RusHydro Applies to London Stock Exchange to Delist Depositary Receipts RusHydro announced that it has received notices from its depository bank, The Bank of New York Mellon, on termination of the Depositary Agreement, and has applied to the London Stock Exchange to cancel the listing. The request concerns both GDR and ADR. RusHydro's request was preceded by a notice from the GDR and ADR depositary bank on March 29, 2022 of its resignation, measures taken by RusHydro to replace the depositary bank for depositary receipts, and refusal of potential successors to act as a new depositary bank. RusHydro expects that cancellation will take effect on the 21st business day from the date of publication of the notice. The receipts had traded on the LSE since 2009. The exchange stopped trading them at the beginning of March. Reported Earnings • May 31
First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind First quarter 2022 results: EPS: ₽0.045 (vs ₽0.045 in 1Q 2021). Revenue: ₽129.8b (up 4.8% from 1Q 2021). Net income: ₽19.7b (flat on 1Q 2021). Profit margin: 15% (in line with 1Q 2021). Revenue exceeded analyst estimates by 8.4%. Earnings per share (EPS) missed analyst estimates by 30%. Over the next year, revenue is forecast to decline by 2.8% while the industry in Russia is not expected to grow. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Price Target Changed • Apr 27
Price target decreased to ₽0.87 Down from ₽0.98, the current price target is an average from 3 analysts. New target price is 10% above last closing price of ₽0.79. Stock is down 6.8% over the past year. The company is forecast to post earnings per share of ₽0.12 for next year compared to ₽0.096 last year. Board Change • Apr 27
Less than half of directors are independent There are 8 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 2 independent directors. 9 non-independent directors. Independent Director Alexander Shevchuk was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Announcement • Apr 06
Public Joint-Stock Company Federal Hydro-Generating Company - RusHydro, Annual General Meeting, Jun 30, 2022 Public Joint-Stock Company Federal Hydro-Generating Company - RusHydro, Annual General Meeting, Jun 30, 2022. Announcement • Mar 07
Public Joint-Stock Company Federal Hydro-Generating Company - RusHydro(MISX:HYDR) dropped from FTSE All-World Index (USD) Public Joint-Stock Company Federal Hydro-Generating Company - RusHydro(MISX:HYDR) dropped from FTSE All-World Index (USD) Reported Earnings • Mar 03
Full year 2021 earnings: Revenues exceed analysts expectations while EPS lags behind Full year 2021 results: EPS: ₽0.096 (down from ₽0.11 in FY 2020). Revenue: ₽463.0b (up 7.8% from FY 2020). Net income: ₽41.6b (down 10% from FY 2020). Profit margin: 9.0% (down from 11% in FY 2020). Revenue exceeded analyst estimates by 8.4%. Earnings per share (EPS) missed analyst estimates by 100%. Over the next year, revenue is forecast to stay flat compared to a 2.9% growth forecast for the industry in Russia. Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Announcement • Nov 27
Public Joint-Stock Company Federal Hydro-Generating Company - RusHydro Provides Consolidated Earnings Guidance for the Year 2021 Public Joint-Stock Company Federal Hydro-Generating Company - RusHydro provided consolidated earnings guidance for the year 2021. The company expects that consolidated revenue for 2021 will be circa RUB 460 billion. Reported Earnings • Nov 27
Third quarter 2021 earnings: EPS misses analyst expectations Third quarter 2021 results: EPS: ₽0.027 (down from ₽0.035 in 3Q 2020). Revenue: ₽104.3b (up 12% from 3Q 2020). Net income: ₽11.9b (down 19% from 3Q 2020). Profit margin: 11% (down from 16% in 3Q 2020). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 27%. Earnings per share (EPS) missed analyst estimates by 27%. Over the next year, revenue is expected to shrink by 3.9% compared to a 3.0% growth forecast for the industry in Russia. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 15% per year. Reported Earnings • Aug 28
Second quarter 2021 earnings released: EPS ₽0.046 (vs ₽0.05 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: ₽107.9b (up 7.5% from 2Q 2020). Net income: ₽20.2b (down 4.9% from 2Q 2020). Profit margin: 19% (down from 21% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has increased by 9% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Aug 08
Transenergoprom, Ooo signed a deal to acquire OAO Chuvashenergosbyt from Public Joint-Stock Company Federal Hydro-Generating Company - RusHydro (MISX:HYDR). Transenergoprom, Ooo signed a deal to acquire OAO Chuvashenergosbyt from Public Joint-Stock Company Federal Hydro-Generating Company - RusHydro (MISX:HYDR) on August 6, 2021. Announcement • May 29
PJSC RusHydro Proposes Dividend for the Year 2020 PJSC RusHydro announced that at its bord meeting held on May 27, 2021, proposed dividend of RUB 0.0530482 per one share for the year 2020 to the upcoming AGM. To establish July 10, 2021 (the 10th day from the date of the decision to pay dividends) as the date on which the persons entitled to receive dividends shall be determined. Reported Earnings • May 28
First quarter 2021 earnings released: EPS ₽0.045 (vs ₽0.058 in 1Q 2020) The company reported a soft first quarter result with weaker earnings and profit margins, although revenues improved. First quarter 2021 results: Revenue: ₽124.2b (up 5.6% from 1Q 2020). Net income: ₽19.8b (down 20% from 1Q 2020). Profit margin: 16% (down from 21% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Executive Departure • Feb 25
Member of Management Board has left the company On the 15th of February, Bayrta Perveyeva's tenure as Member of Management Board ended after less than a year in the role. We don't have any record of a personal shareholding under Bayrta's name. A total of 3 executives have left over the last 12 months. Reported Earnings • Feb 21
Full year 2020 earnings released: EPS ₽0.082 (vs ₽0.012 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: ₽177.3b (down 56% from FY 2019). Net income: ₽36.0b (up ₽30.8b from FY 2019). Profit margin: 20% (up from 1.3% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Analyst Estimate Surprise Post Earnings • Feb 21
Revenue and earnings miss expectations Revenue missed analyst estimates by 56%. Earnings per share (EPS) also missed analyst estimates by 27%. Over the next year, revenue is forecast to grow 130%, compared to a 28% growth forecast for the Electric Utilities industry in Russia. Announcement • Feb 19
RusHydro Appoints New Management Board Members RusHydro announced that the Board of Directors of company appointed Deputy General Directors Roman Berdnikov and Nikolay Karpukhin as members of the company's Management Board. Simultaneously, the Board terminated the powers of Sergei Vasilyev, Andrey Kazachenkov and Bayrta Perveyeva and reduced the composition of RusHydro's Management Board to 5 members. The Chairman of the Management Board – General Director has also appointed three Deputy General Directors. Sergey Terebulin will hold the position of Deputy Director General for corporate finance and corporate governance. He has been the head of corporate finance of RusHydro from 2006 to 2016. Prior to rejoining RusHydro he has been the Member of the Management Board of PJSC FGC UES. Sergey Machekhin will be Deputy Director General for project engineering and international cooperation. Prior to joining RusHydro he has been holding the position of director of engineering and international business at Hydroproject Institute, a subsidiary of RusHydro. Alexander Charikov will serve as Deputy Director General – Head of Administration of Chariman of the Management Board. Prior to the appointment he was an advisor to the Member of the Management Board, first Deputy Director General. Alexander Charikov will be also responsible for procurement and IT departments at RusHydro . Announcement • Feb 13
PJSC Polyus Announces Supply agreement with PJSC RusHydro PJSC Polyus announced that an agreement for the supply of environmentally friendly electricity generated by the Sayano-Shushenskaya hydropower plant to Polyus' Krasnoyarsk Business Unit ("KBU") has been signed with PJSC RusHydro. The agreement assumes the provision of approximately 1 billion kWh of energy to KBU in 2021. Once supplies under this contract commence, 100% of the electricity consumed by Polyus' largest producing assets, Olimpiada and Blagodatnoye, will be renewable. Based on this estimate, KBU expects to reduce greenhouse gas ("GHG") emissions in 2021 by almost half, while company-wide GHG emissions may decrease by a third compared to the previous year. As a result, up to 90% of the electricity demand of the Company's operating assets will now be met by renewable sources. The agreement will cover the period until December 31, 2021, with the possibility of an extension. Executive Departure • Feb 02
Acting Chairman of Management Board & General Director Victor Khmarin has left the company On the 27th of January, Victor Khmarin's tenure as Acting Chairman of Management Board & General Director ended after 2.0 years in the role. We don't have any record of a personal shareholding under Victor's name. Victor is the only executive to leave the company over the last 12 months. Is New 90 Day High Low • Jan 05
New 90-day high: ₽0.79 The company is up 4.0% from its price of ₽0.76 on 07 October 2020. The Russian market is up 14% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electric Utilities industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₽1.20 per share. Price Target Changed • Dec 29
Price target raised to ₽0.92 Up from ₽0.85, the current price target is an average from 8 analysts. The new target price is 17% above the current share price of ₽0.79. As of last close, the stock is up 42% over the past year. Major Estimate Revision • Dec 03
Analysts update estimates The 2020 consensus earning per share (EPS) estimate increased from ₽0.098 to ₽0.12. Revenue estimate for the same period was approximately flat at ₽403.1b. Net income is expected to grow by 102% next year compared to 66% growth forecast for the Electric Utilities industry in Russian Federation. The consensus price target increased from ₽0.83 to ₽0.85. Share price is up 1.6% to ₽0.79 over the past week. Reported Earnings • Nov 28
Third quarter 2020 earnings released: EPS ₽0.035 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: ₽93.2b (up 6.5% from 3Q 2019). Net income: ₽14.7b (up 129% from 3Q 2019). Profit margin: 16% (up from 7.3% in 3Q 2019). The increase in margin was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Major Estimate Revision • Nov 26
Analysts increase EPS estimates to ₽0.11 The 2020 consensus revenue estimate increased from ₽397.6b to ₽416.5b. The earnings per share estimate also received an upgrade from ₽0.092 to ₽0.11 for the same period. Net income is expected to grow by 149% next year compared to 55% growth forecast for the Electric Utilities industry in Russian Federation. The consensus price target increased from ₽0.83 to ₽0.83. Share price is up 2.4% to ₽0.77 over the past week. Is New 90 Day High Low • Nov 26
New 90-day high: ₽0.77 The company is up 4.0% from its price of ₽0.74 on 28 August 2020. The Russian market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Electric Utilities industry, which is up 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₽0.74 per share. Is New 90 Day High Low • Oct 09
New 90-day low: ₽0.71 The company is down 6.0% from its price of ₽0.76 on 10 July 2020. The Russian market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Electric Utilities industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₽0.68 per share. Announcement • Oct 03
Pjsc Rushydro Approves Board Elections PJSC RusHydro at its board meeting held on September 30, 2020 approved the election of Sergey Vyacheslavovich Vasilyev and Bayrta Nikolayevna Perveeva to the Management Board of the Company. Announcement • Sep 28
Public Joint-Stock Company Federal Hydro-Generating Company - RusHydro (MISX:HYDR) agreed to acquire a 41.98% stake in Public joint stock company FAR-EASTERN ENERGY COMPANY (MISX:DVEC) from Andrey Melnichenko. Public Joint-Stock Company Federal Hydro-Generating Company - RusHydro (MISX:HYDR) agreed to acquire a 41.98% stake in Public joint stock company FAR-EASTERN ENERGY COMPANY (MISX:DVEC) from Andrey Melnichenko on September 23, 2019. Under the transaction, Andrey Melnichenko agreed to swap several assets including Luchegorsky coal mine and Primorskaya. The Federal Antimonopoly service of the Russian Federation has approved the share swap. The transaction is approved by the Board of Public Joint-Stock Company Federal Hydro-Generating Company - RusHydro in the meeting. The transaction is expected to complete by the end of 2019. 