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1Q2019 FINANCIAL AND OPERATING RESULTS

  • Lower oil prices, weaker rouble, positive export duty lag effect

  • Growing operating results: production growth, growing share of high-margin volumes in production, higher sales volumes via premium sales channels

  • Increased efficiency: lower lifting and refining costs, high investment discipline

  • Strong financial results: increased EBITDA and free cash flow

  • Record-high distributions to shareholders for a single quarter

ANNUAL REPORTS

IR-RELEASES

RELATED

MOEX: LKOH

LSE: LKOD

​Alexander Palivoda​
Head of Investor Relations​