The main contribution to growth was made by the domestic market, where sales increased by 28% – increased less than expected 30-33%. This is due to a slowdown at the speed of import substitution. Customers now require not only foreign solutions, but also complex and reliable systems.
Exports also showed a small growth: +11% in Ruble and about +2% in dollars. This confirms that the decline that began in 2022 stopped. More than 40% of exports were in the CIS countries, where sanctions were less affected.
However, all companies could not increase income. Only 70% of the expected growth really managed. Revenues decreased by 23%, but only 3%were counted.
It is estimated to protect growth rates in 2025 – again 24%. 15%of exports and sales in the domestic market – only 19%
Source: Ferra
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