IEK GROUP Financial Director Mikhail Gorbachev gave an interview to the Invest Era project covering financial market events and discussed acute questions that concern many investors.
Is IEK GROUP preparing for an IPO this year? How will a possible return of foreign competitors affect the company? How does the company assess financial results for 2024 and what forecasts does it make for
"Over the year, our revenue showed growth of 15%, facilitated by both price factor and volume growth. We released a record number of new products, and now the product nomenclature contains over 30,000 items, which is 30% more than a year ago. Most new products were released in the high price segment, which also affected our financial indicators," said Mikhail Gorbachev.
The video gives an idea not only about the company but also about the state of industry in the country as a whole.