INVESTMENT APPEAL

INTECO boasts consistently high profitability thanks to a thought-out approach to the project selection and effective management of all business processes.

A highly professional team with extensive expertise

In 2018, the Company saw a brand new top management team. Such changes helped sharpen INTECO’s competitive edge, improve the efficiency of all business processes and bring new business- and premium-class projects to the market.

Trusted relations with key stakeholders

When it comes to strategic development, INTECO enjoys the full support of its shareholder, PJSC Bank TRUST. Together with its main financial partner, Bank Otkritie Financial Corporation, the Company develops mortgage instruments and attracts project financing using escrow accounts.

Comfortable and modern residential developments

The Company engages only globally acknowledged contractors to design and build residential properties that meet the latest architectural trends and blend in perfectly with the surroundings.

662 thousand sq m
existing and prospective projects in 2020
89.5 thousand sq mIncluding contracts signed in the calendar year and registered in the following year.2
contract sales in 2020

Investments in prospective sites

Through a multi-level analysis, the Company carefully selects sites with the most efficient use of resources and maximum added value

Profitability

Thanks to its strict selection criteria, INTECO has built a strong portfolio of highly profitable properties.

20%
each project’s profitability

2020 saw the growth of the Company’s EBITDA

RUB 9.1 billion
EBITDA (+4.6% year-on-year)

Profitability

Strong profitability is ensured by highly efficient processes and rigorous cost control.

44%
gross margin (+13 pp year-on-year)
34%
EBITDA margin (+5.5 pp year-on-year)

Significant value growth

Through the careful selection of promising projects, INTECO has doubled the value of its portfolio in 2020 and increased the Company’s value six-fold vs 2019.

х6
growth of the Company’s net asset value (NAV)
х2
portfolio growth

Stronger sales

In 2020, the Company took full advantage of the growing demand in Moscow’s business and premium-class real estate markets and increased sales year-on-year by 17% in volume terms. Contract sales in value terms grew by 59%.

Deleveraging

In 2020, the Company reduced its net debt by 4.3x, with the net debt / EBITDA ratio at 0.46x.

Efficient management of all processes

The Company undergoes a comprehensive transformation aimed at achieving high efficiency of all business processes and management systems. The qualitative improvement of internal processes leads to higher project margins and adds to the Company’s shareholder value.

Multiplication of projects and project portfolio

The Company is building an internal management system aimed at the effective and timely implementation of projects within its expanding portfolio.

Ability to grow

INTECO supports the continuous growth of its team which boasts a wealth of industry experience.

Transformation
Professionalism

A highly professional team with extensive expertise

In 2018, the Company saw a brand new top management team. Such changes helped sharpen INTECO’s competitive edge, improve the efficiency of all business processes and bring new business- and premium-class projects to the market.

Trusted relations with key stakeholders

When it comes to strategic development, INTECO enjoys the full support of its shareholder, PJSC Bank TRUST. Together with its main financial partner, Bank Otkritie Financial Corporation, the Company develops mortgage instruments and attracts project financing using escrow accounts.

Comfortable and modern residential developments

The Company engages only globally acknowledged contractors to design and build residential properties that meet the latest architectural trends and blend in perfectly with the surroundings.

Project portfolio growth
662 thousand sq m
existing and prospective projects in 2020
89.5 thousand sq mIncluding contracts signed in the calendar year and registered in the following year.2
contract sales in 2020

Investments in prospective sites

Through a multi-level analysis, the Company carefully selects sites with the most efficient use of resources and maximum added value

Profitability

Thanks to its strict selection criteria, INTECO has built a strong portfolio of highly profitable properties.

20%
each project’s profitability
Financial performance

2020 saw the growth of the Company’s EBITDA

RUB 9.1 billion
EBITDA (+4.6% year-on-year)

Profitability

Strong profitability is ensured by highly efficient processes and rigorous cost control.

44%
gross margin (+13 pp year-on-year)
34%
EBITDA margin (+5.5 pp year-on-year)

Significant value growth

Through the careful selection of promising projects, INTECO has doubled the value of its portfolio in 2020 and increased the Company’s value six-fold vs 2019.

х6
growth of the Company’s net asset value (NAV)
х2
portfolio growth

Stronger sales

In 2020, the Company took full advantage of the growing demand in Moscow’s business and premium-class real estate markets and increased sales year-on-year by 17% in volume terms. Contract sales in value terms grew by 59%.

Deleveraging

In 2020, the Company reduced its net debt by 4.3x, with the net debt / EBITDA ratio at 0.46x.

Financial results Operating results
Transformation

Efficient management of all processes

The Company undergoes a comprehensive transformation aimed at achieving high efficiency of all business processes and management systems. The qualitative improvement of internal processes leads to higher project margins and adds to the Company’s shareholder value.

Multiplication of projects and project portfolio

The Company is building an internal management system aimed at the effective and timely implementation of projects within its expanding portfolio.

Ability to grow

INTECO supports the continuous growth of its team which boasts a wealth of industry experience.

Transformation

As part of its efforts to further enhance the investment appeal, INTECO focuses on building its image as a reliable company, regularly interacting with the investment community and ensuring greater transparency.