SPB Exchange has included Dorogobuzh shares (ticker: DGBZ) in the unquoted part of the list of securities admitted to trading. The shares will be available for trading on 24 December 2024.
Dorogobuzh is one of Russia’s major producers of mineral fertilisers, including ammonia, ammonium nitrate and NPK. Its annual commercial output exceeds 2 million tonnes, of which more than 50% are sold on the domestic market. Dorogobuzh employs 2,600 people.
In 2023, Dorogobuzh posted IFRS revenue of RUB 44.6 billion, EBITDA of RUB 9.4 billion and net profit of RUB 6.2 billion.
As a member of Acron Group, one of the largest vertically integrated mineral fertiliser producers in Russia and globally, Dorogobuzh enjoys a number of competitive advantages, including access to phosphate inputs and, in the near future, to potash produced by Acron Group’s own mine, as well as to the Group’s logistics and distribution infrastructure, all of which ensures stable sales both in Russia and around the world.