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Ozon puts drone-strike damage to its logistics sites at about 30 billion rubles
Ozon has estimated the damage from drone attacks on its logistics facilities at roughly 30.1 billion rubles, or about $373 million according to some reports. The figure points to possible pressure on the company's earnings and share price.
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According to Finam, fires of varying severity have broken out at 11 Ozon logistics sites hit by drones since August. The company put the resulting damage at 30.1 billion rubles.
Other outlets, including The Moscow Times, The Insider and Georgia Today, cite a dollar equivalent of roughly $373 million. Ukrinform describes the warehouse losses as exceeding 30 billion rubles, while Meduza refers only to billions of rubles.
Tsenzor.NET also reports a threefold drop in the company's profit, but it gives no period and other outlets do not confirm the claim. The available reports offer no detail on how the estimate was calculated or whether any of the loss is insured.
Physical damage and disruption at warehouses can raise costs, slow deliveries and reduce earnings. This is the main channel through which the news may weigh on OZON shares.
Impact assessment
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Sources confirming the story · 1
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Финам — аналитика
Media · RU · published Oct 28, 06:39
Version history
- v2 · Oct 30, 07:41 — no text correction
- v1 · Oct 30, 07:38 — first publication