Wednesday, July 13, 2011

"Yutinet.ru" wants to bring the conversion to 4-5%

Russian Internet marketer who is planning an IPO in the first half of 2011, revealed some indicators of the business. According to Michael Ukolova, managing partner Yutinet.ru, for 2010 the retailer has received 1.06 billion of revenue, handle about 40 thousand orders for the conversion of more than 2%. EBITDA of the group companies is estimated at 19 million rubles, profitability EBITDA - about 1,8%. To exit the stock market, "Yutinet.ru" reorganized out of a company, register an additional issue of shares, according to Finam.ru. Process to be completed until late spring, the auction will set a 15% stake. It is assumed that the retailer will close the deal in July and will attract $ 12-18 million through IPO. As previously reported representatives of Yutinet.ru, the funds will be spent on research and development. Already in 2011 a group of companies intends to achieve revenues of $ 80-110 million in revenue forecast for 2012 even more - $ 240-300 million this time (2013) Group of Companies Yutinet.ru "is going to take 10-15% Russian market of online trading in electronics.

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