Russian e-commerce firm Ozon reports over 500% jump in 2024 earnings
FILE PHOTO: Ozon logo is seen in this illustration taken, February 11, 2025. REUTERS/Dado Ruvic/Illustration/File photo
MOSCOW : Russian e-commerce firm Ozon on Thursday reported a more than 500 per cent jump in full-year core earnings to 40.1 billion roubles ($459.34 million), helped by the improved monetisation of marketplace operations and expansion of its fintech services.
For 2025, Ozon said it expects adjusted earnings before interest, tax, amortisation and depreciation (EBITDA) to rise to 70-90 billion roubles.
($1 = 87.3000 roubles)
Source: Reuters
