01

Setl Group's long-term international credit rating from S & P Global Ratings is “B +”, outlook is “stable”

Rating agency S & P Global Ratings 06/28/2018 confirmed the credit rating of Setl Group Holding at "B +". The rating change forecast is “Stable”. At present international rating “B +” is the highest public rated in Russia by S & P Global Ratings for real estate developers companies.

Initially public credit rating of the S & amp; Global Ratings by international scale at the "B +" level with a stable outlook assigned to Setl Group Holding on June 8, 2017.

28.06.2018

02

The credit rating of the Setl Group on the national scale from the Agency ACRA - BBB + (RU), the outlook is "stable"

Increasing the credit rating of the Setl Group is due to positive changes in the level of debt load and debt service indicators, growth prospects profitability, as well as with increasing operational the Company's risk profile (in particular, due to the growth of financial transparency). The credit rating of Setl Group is due to strong Company's business profile, high business profitability, low debt burden and strong liquidity.

The initial public credit rating of ACRA by national scale at BBB (RU) with a stable outlook assigned holding Setl Group June 19, 2017

Credit rating of issue of exchange bonds of LLC Setl Group (series 001P-01, ISIN code RU000A0ZYEQ9) from the agency ACRA - BBB + (RU)

According to the agency, the issue is the senior unsecured Company debt. According to the ACRA methodology, the level of reimbursement on unsecured debt belongs to category II, due to than the credit rating of the issue is equal to the credit Rating of Setl Group LLC - BBB + (RU)

The full text of the ACRA press release can be found at official website of the agency at the link: https://www.acra-ratings.ru/press-releases/786

28.06.2018

Key indicators

Revenue, million rubles
EBITDA, mln rub.
Рентабельность EBITDA, %
Net profit, million rubles
Assets, million rubles
Total debt, million rubles
Debt / EBITDA
Input volume, thousand square meters of the total area of objects
The area of objects under construction, thousand sq. M
  • 2018
  • 92 229
  • 9 162
  • 9,9
  • 5 811
  • 118 031
  • 13 936
  • 1,52
  • 1 289
  • 1 679
  • 2017
  • 91 139
  • 10 915
  • 12,00
  • 8 309
  • 107 569
  • 13 168
  • 1,21
  • 1 221
  • 1 583
  • 2016
  • 61 348
  • 8 003
  • 13,0%
  • 5 817
  • 105 616
  • 8 138
  • 1,02
  • 953
  • 1 502
  • 2015
  • 45 193
  • 6 007
  • 13,3%
  • 4 327
  • 89 663
  • 7 415
  • 1,23
  • 701
  • 1 429
  • 2014
  • 38 954
  • 6 572
  • 16,9%
  • 4 641
  • 71 250
  • 7 887
  • 1,20
  • 585
  • 1 486

Companies of Setl Group holding