HMS Group Holds Investor Day
OREANDA-NEWS. HMS Group hosted an Investor Day, addressing strategic and financial issues relevant to the Group`s existing and potential shareholders.
The event was attended by the Company`s top management as well as by the number of sell-side analysts and representatives of investment funds. The management presentation was followed by the Q&A session focused on HMS Group business strategy, growth prospects, profitability, recent and potential backlog additions as well as M&A strategy.
HMS Group is the leading pump & compressor manufacturer and provider of flow control solutions and related services to the oil and gas, nuclear and thermal power generation and water utilities sectors in Russia and the CIS. HMS’ products are mission-critical elements of projects across a diverse range of industries. It has participated in a number of large-scale infrastructure projects in Russia, including providing pumps and modular equipment to the Vankor oil field and pumping stations on recent trunk pipelines projects linking Russia’s core oil producing areas to export ports on the Pacific Ocean and Baltic Sea. The Group reported revenues of Rub 33.7 billion, adjusted EBITDA of Rub 6.2 billion and profit for the period of Rub 2.3 billion for the twelve months ended December 31, 2012. The HMS Group’s global depositary receipts (“GDRs”) are listed under the symbol “HMSG” on the London Stock Exchange.
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