RusHydro held an online conference with analysts and investors
September 16, Moscow, Russia. PJSC RusHydro (ticker symbol: MOEX, LSE: HYDR; OTCQX: RSHYY) held an online meeting with analysts and investors hosted by ATON.
In the course of the meeting, extra attention was devoted to the company’s strong financial results aided by sustainability of its business model along with continuing improvement of the Far East segment’s performance.
Andrey Kazachenkov, First Deputy Director General, member of the Management Board emphasized that RusHydro is on track to increase dividend payout as impairments will decrease in the near-term (2020 impairments are expected at a moderate level, with absence of significant impairments in 2021-2022). Absence of additional share issue plans in the coming years is another factor contributing to the company’s shareholder value. Internal market remains RusHydro’s key focus area. The company aims to improve its financial profile and implement projects with guaranteed return on investment in the Far East.