RUSHYDRO: Investor Meeting Overview

03/11/2015
On 4 March RusHydro management led by Deputy CEO George Rizhinashvili met investors at a closed meeting organised by Aton. We were encouraged by the RusHydro top managers’ openness. While there is a dearth of strong stock drivers in the short term, we believe RusHydro might become a favourably evolving story over a longer term period of two-to-three years should its managers deliver as promised on cost optimisation, abstain from doubtful capex projects, and provide growing dividends. Please see the note attached for full details.
 

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