WHAT WE AIM TO ACHIEVE IN LINE WITH STRATEGY TO 2024

1

Attractive growth profile supported by higher loyalty to Etalon product, as well as wider product offering in core regions and Russia-wide

SALES AND REVENUES STRONG DOUBLE-DIGIT GROWTH BY 2024

2

Industry-leading profitability backed by standardisation of offering and use of new construction technologies

PRE-PPA GROSS PROFIT MARGIN ABOVE 35% BY 2024

3

Operational excellence supported by end-to-end value chain digitalisation

INDUSTRY-LEADING EBITDA MARGIN BY 2024 SUPPORTED BY SG&A COSTS C. 10% OF REVENUE 

4

Return to positive cash flow generation after full escrow implementation, supported by shorter-cycle industrial home building technologies

POSITIVE OPERATING AND FREE CASH FLOW GENERATION BY 2024

5

Generous dividend distribution supported by optimised capital allocation and highly transparent declared dividend policy

DIVIDENDS IN THE RANGE OF 40-70% OF PRE-PPA NET PROFIT