On 27 March, the next annual meeting of the management of IDGC of Centre and IDGC of Centre and Volga Region with representatives of the investment community was held in Moscow with demonstration of presentations on the results of work in 2018 and guidance for 2019.
The event was attended by financial analysts of the largest investment companies and banks, as well as managers of the managing and managed companies: Deputy General Director for Economy and Finance Alexander Inozemtsev, Acting Deputy General Director for Corporate Governance Mariya Lobkova, Director for Corporate Governance Olga Kharchenko, Director for Economy of IDGC of Centre and Volga Region Artem Aleshin, as well as a number of other specialized managers.
At the beginning of the meeting, in his speech, Alexander Inozemtsev reflected the main financial and operational results achieved by the companies, as well as business plans for the coming period. Among the existing business expectations, Alexander Inozemtsev highlighted the possibility of a significant increase in revenue from non-tariff sources in the long term.
In the course of the discussion, the questions of interest to the analysts of tariff formation, adjustment of investment programs, loss reduction and profitability increase were considered in detail.
Also, in the form of a separate topic for discussion, the analysts were presented with information on the start of implementation of large-scale investment projects in the framework of the implementation of the “Digital Transformation 2030” concept of PJSC ROSSETI.
For IDGC of Centre and IDGC of Centre and Volga Region, as well as for other companies of ROSSETI’s Group, the digitalization is a strategic direction for further development. The whole society, consumers and shareholders will receive a positive effect from the implementation of this program in the electric grid complex.
At the end of the meeting, Alexander Inozemtsev thanked its participants for their attention and confirmed the readiness of IDGC of Centre and IDGC of Centre and Volga Region to further cooperation.
Detailed information about the presentation materials for the “Analyst’s Day” can be found at: https://www.mrsk-1.ru/en/investors/presentations/ and http://www.mrsk-cp.ru/stockholder_investor/investor_analytics/.