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Name | Symbol | Market | Type |
---|---|---|---|
VK Company Ltd (CE) | USOTC:MLRYY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.9011 | 0.00 | 01:00:00 |
By Olga Razumovskaya
MOSCOW--One of Russia's biggest Internet companies Mail.RU (MAIL.LN) is raising its guidance for year-on-year revenue growth to 27%-29%, the company's Chief Financial Officer Matthew Hammond said during a telephone call Thursday.
The previous guidance was for 25%-28%. Mr. Hammond said contextual advertising will be the key driver behind this growth.
Mr. Hammond also said the company is increasing its forecast of its full-year Ebitda margin to 53%-54%, from 50%.
Write to Olga Razumovskaya olga.razumovskaya@dowjones.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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