{"id":2312,"date":"2025-04-25T18:56:59","date_gmt":"2025-04-25T15:56:59","guid":{"rendered":"https:\/\/moscowpartners.com\/ru\/?post_type=analytics&#038;p=2312"},"modified":"2025-04-28T19:02:07","modified_gmt":"2025-04-28T16:02:07","slug":"yandeks-prodolzhaet-stabilnyj-rost","status":"publish","type":"analytics","link":"https:\/\/moscowpartners.com\/ru\/analytics\/yandeks-prodolzhaet-stabilnyj-rost","title":{"rendered":"\u00ab\u042f\u043d\u0434\u0435\u043a\u0441\u00bb \u043f\u0440\u043e\u0434\u043e\u043b\u0436\u0430\u0435\u0442 \u0441\u0442\u0430\u0431\u0438\u043b\u044c\u043d\u044b\u0439 \u0440\u043e\u0441\u0442"},"content":{"rendered":"\n<p>\u041e\u0434\u0438\u043d \u0438\u0437 \u0432\u0435\u0434\u0443\u0449\u0438\u0445 \u0440\u043e\u0441\u0441\u0438\u0439\u0441\u043a\u0438\u0445 \u0438\u0433\u0440\u043e\u043a\u043e\u0432 \u0432 \u0441\u0435\u043a\u0442\u043e\u0440\u0435 \u0442\u0435\u0445\u043d\u043e\u043b\u043e\u0433\u0438\u0439, \u00ab\u042f\u043d\u0434\u0435\u043a\u0441\u00bb, \u043f\u0440\u0435\u0434\u0441\u0442\u0430\u0432\u0438\u043b \u0444\u0438\u043d\u0430\u043d\u0441\u043e\u0432\u044b\u0435 \u0440\u0435\u0437\u0443\u043b\u044c\u0442\u0430\u0442\u044b \u0437\u0430 1 \u043a\u0432\u0430\u0440\u0442\u0430\u043b 2025 \u0433\u043e\u0434\u0430.<\/p>\n\n\n\n<p>\u0420\u0430\u0437\u0431\u0435\u0440\u0435\u043c \u043a\u043b\u044e\u0447\u0435\u0432\u044b\u0435 \u043c\u043e\u043c\u0435\u043d\u0442\u044b \u043e\u0442\u0447\u0435\u0442\u043d\u043e\u0441\u0442\u0438:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>\u0412\u044b\u0440\u0443\u0447\u043a\u0430: 306,5 \u043c\u043b\u0440\u0434 \u0440\u0443\u0431. (+34% \u0433\/\u0433)<\/li>\n\n\n\n<li>\u0421\u043a\u043e\u0440\u0440\u0435\u043a\u0442\u0438\u0440\u043e\u0432\u0430\u043d\u043d\u0430\u044f EBITDA: 48,9 \u043c\u043b\u0440\u0434 \u0440\u0443\u0431. (+30% \u0433\/\u0433) \u2014 \u0432\u044b\u0448\u0435 \u043a\u043e\u043d\u0441\u0435\u043d\u0441\u0443\u0441-\u043f\u0440\u043e\u0433\u043d\u043e\u0437\u0430.<\/li>\n\n\n\n<li>\u041f\u0440\u0438 \u044d\u0442\u043e\u043c \u0440\u0435\u043d\u0442\u0430\u0431\u0435\u043b\u044c\u043d\u043e\u0441\u0442\u044c EBITDA \u0441\u043d\u0438\u0437\u0438\u043b\u0430\u0441\u044c, \u043d\u043e \u0432\u0435\u0441\u044c\u043c\u0430 \u043d\u0435\u0437\u043d\u0430\u0447\u0438\u0442\u0435\u043b\u044c\u043d\u043e: -0,5 \u043f.\u043f. \u0434\u043e 16%.<\/li>\n\n\n\n<li>\u0421\u043a\u043e\u0440\u0440\u0435\u043a\u0442\u0438\u0440\u043e\u0432\u0430\u043d\u043d\u0430\u044f \u0447\u0438\u0441\u0442\u0430\u044f \u043f\u0440\u0438\u0431\u044b\u043b\u044c: 12,8 \u043c\u043b\u0440\u0434 \u0440\u0443\u0431. (-41% \u0433\/\u0433)<\/li>\n\n\n\n<li>\u0414\u043e\u043b\u0433\u043e\u0432\u0430\u044f \u043d\u0430\u0433\u0440\u0443\u0437\u043a\u0430 \u043e\u0441\u0442\u0430\u0435\u0442\u0441\u044f \u043d\u0430 \u043e\u0447\u0435\u043d\u044c \u043a\u043e\u043c\u0444\u043e\u0440\u0442\u043d\u043e\u043c \u0443\u0440\u043e\u0432\u043d\u0435: Net debt\/EBITDA \u043d\u0430 \u043a\u043e\u043d\u0435\u0446 \u043f\u0435\u0440\u0438\u043e\u0434\u0430 \u0441\u043e\u0441\u0442\u0430\u0432\u0438\u043b 0,4\u0445. \u041f\u0440\u0438 \u044d\u0442\u043e\u043c \u043e\u0441\u0442\u0430\u0442\u043e\u043a \u043a\u044d\u0448\u0430 \u043d\u0430 \u0431\u0430\u043b\u0430\u043d\u0441\u0435 \u043e\u043a\u0430\u0437\u0430\u043b\u0441\u044f \u043d\u0430 \u0443\u0440\u043e\u0432\u043d\u0435 201,3 \u043c\u043b\u0440\u0434 \u0440\u0443\u0431.<\/li>\n<\/ul>\n\n\n\n<p>\u0421\u0430\u043c\u044b\u0439 \u043e\u0447\u0435\u0432\u0438\u0434\u043d\u044b\u0439 \u0432\u044b\u0432\u043e\u0434 \u2014 \u043a\u043e\u043c\u043f\u0430\u043d\u0438\u044f \u043f\u0440\u043e\u0434\u043e\u043b\u0436\u0430\u0435\u0442 \u0440\u0430\u0441\u0442\u0438, \u043d\u0435\u0441\u043c\u043e\u0442\u0440\u044f \u043d\u0430 \u043c\u0430\u0441\u0448\u0442\u0430\u0431 \u0431\u0438\u0437\u043d\u0435\u0441\u0430 \u0438 \u043d\u0435\u043f\u0440\u043e\u0441\u0442\u043e\u0439 \u0432\u043d\u0435\u0448\u043d\u0438\u0439 \u043a\u043e\u043d\u0442\u0435\u043a\u0441\u0442. \u0422\u0435\u043c\u043f\u044b \u0440\u0430\u0437\u0432\u0438\u0442\u0438\u044f \u00ab\u042f\u043d\u0434\u0435\u043a\u0441\u0430\u00bb \u043e\u0441\u0442\u0430\u044e\u0442\u0441\u044f \u0432\u044b\u0441\u043e\u043a\u0438\u043c\u0438, \u0430 \u0431\u0438\u0437\u043d\u0435\u0441 \u2014 \u0443\u0441\u0442\u043e\u0439\u0447\u0438\u0432\u044b\u043c.<\/p>\n\n\n\n<p><em>\u0412 \u0447\u0435\u043c \u043f\u0440\u0438\u0447\u0438\u043d\u0430 \u0441\u0442\u0430\u0431\u0438\u043b\u044c\u043d\u043e \u0432\u044b\u0441\u043e\u043a\u0438\u0445 \u043f\u043e\u043a\u0430\u0437\u0430\u0442\u0435\u043b\u0435\u0439 \u00ab\u042f\u043d\u0434\u0435\u043a\u0441\u0430\u00bb?<\/em><\/p>\n\n\n\n<p>\u041f\u0440\u0435\u0436\u0434\u0435 \u0432\u0441\u0435\u0433\u043e, \u044d\u0442\u043e \u0434\u0438\u0432\u0435\u0440\u0441\u0438\u0444\u0438\u043a\u0430\u0446\u0438\u044f \u0438 \u044d\u043a\u043e\u0441\u0438\u0441\u0442\u0435\u043c\u043d\u044b\u0439 \u043f\u043e\u0434\u0445\u043e\u0434. \u00ab\u042f\u043d\u0434\u0435\u043a\u0441\u00bb \u0434\u043e\u0441\u0442\u0438\u0433\u0430\u0435\u0442 \u0431\u0430\u043b\u0430\u043d\u0441\u0430 \u043c\u0435\u0436\u0434\u0443 \u0438\u043d\u0432\u0435\u0441\u0442\u0438\u0446\u0438\u044f\u043c\u0438 \u0432 \u043d\u043e\u0432\u044b\u0435 \u0438\u043d\u0442\u0435\u0440\u0435\u0441\u043d\u044b\u0435 \u043d\u0430\u043f\u0440\u0430\u0432\u043b\u0435\u043d\u0438\u044f \u0438 \u043f\u043e\u0441\u0442\u0443\u043f\u0430\u0442\u0435\u043b\u044c\u043d\u044b\u043c \u0440\u0430\u0437\u0432\u0438\u0442\u0438\u0435\u043c \u043e\u0441\u043d\u043e\u0432\u043d\u044b\u0445 \u0431\u0438\u0437\u043d\u0435\u0441\u043e\u0432.<\/p>\n\n\n\n<p>\u0414\u0430\u0432\u0430\u0439\u0442\u0435 \u0432\u0437\u0433\u043b\u044f\u043d\u0435\u043c \u043d\u0430 \u0432\u044b\u0440\u0443\u0447\u043a\u0443 \u043a\u043b\u044e\u0447\u0435\u0432\u044b\u0445 \u0441\u0435\u0433\u043c\u0435\u043d\u0442\u043e\u0432 \u00ab\u042f\u043d\u0434\u0435\u043a\u0441\u0430\u00bb:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li>\u00ab\u041f\u043e\u0438\u0441\u043a \u0438 \u043f\u043e\u0440\u0442\u0430\u043b\u00bb \u043f\u0440\u0438\u0431\u0430\u0432\u0438\u043b 21% \u0433\/\u0433 \u0434\u043e 113,7 \u043c\u043b\u0440\u0434 \u0440\u0443\u0431.<\/li>\n\n\n\n<li>\u0421\u0435\u0433\u043c\u0435\u043d\u0442 \u0433\u043e\u0440\u043e\u0434\u0441\u043a\u0438\u0445 \u0441\u0435\u0440\u0432\u0438\u0441\u043e\u0432 (\u044d\u043b\u0435\u043a\u0442\u0440\u043e\u043d\u043d\u0430\u044f \u043a\u043e\u043c\u043c\u0435\u0440\u0446\u0438\u044f, \u00ab\u0420\u0430\u0439\u0434\u0442\u0435\u0445\u00bb \u0438 \u00ab\u0414\u043e\u0441\u0442\u0430\u0432\u043a\u0430\u00bb) \u043f\u043e\u0432\u044b\u0441\u0438\u043b \u0432\u044b\u0440\u0443\u0447\u043a\u0443 \u043d\u0430 45% \u0433\/\u0433 \u0434\u043e 177,6 \u043c\u043b\u0440\u0434 \u0440\u0443\u0431.<\/li>\n\n\n\n<li>\u0411\u0438\u0437\u043d\u0435\u0441-\u0433\u0440\u0443\u043f\u043f\u0430 \u00ab\u041f\u043b\u044e\u0441\u00bb \u0438 \u0440\u0430\u0437\u0432\u043b\u0435\u043a\u0430\u0442\u0435\u043b\u044c\u043d\u044b\u0435 \u0441\u0435\u0440\u0432\u0438\u0441\u044b \u0432\u044b\u0440\u043e\u0441\u043b\u0438 \u043d\u0430 58% \u0433\/\u0433 \u0434\u043e 32,5 \u043c\u043b\u0440\u0434 \u0440\u0443\u0431.<\/li>\n\n\n\n<li>\u041f\u0440\u043e\u0447\u0438\u0435 \u0441\u0435\u0433\u043c\u0435\u043d\u0442\u044b, \u0442\u0430\u043a\u0438\u0435 \u043a\u0430\u043a, \u0430\u0432\u0442\u043e\u043d\u043e\u043c\u043d\u044b\u0439 \u0442\u0440\u0430\u043d\u0441\u043f\u043e\u0440\u0442, Yandex Cloud, \u042f\u043d\u0434\u0435\u043a\u0441 360 \u0438 \u0434\u0440\u0443\u0433\u0438\u0435, \u043f\u043e\u043a\u0430\u0437\u0430\u043b\u0438 \u0440\u043e\u0441\u0442 top line \u043d\u0430 57% \u0433\/\u0433 \u0434\u043e 35,9 \u043c\u043b\u0440\u0434 \u0440\u0443\u0431.<\/li>\n<\/ol>\n\n\n\n<p>\u0418 \u0435\u0449\u0435 \u043f\u043e\u0437\u0438\u0442\u0438\u0432\u043d\u044b\u0439 \u043c\u043e\u043c\u0435\u043d\u0442: \u0435\u0441\u0442\u044c \u043d\u0435\u043f\u043b\u043e\u0445\u043e\u0439 \u044d\u0444\u0444\u0435\u043a\u0442 \u043e\u0442 \u0438\u043d\u0432\u0435\u0441\u0442\u0438\u0446\u0438\u0439 \u0432 \u0438\u0441\u043a\u0443\u0441\u0441\u0442\u0432\u0435\u043d\u043d\u044b\u0439 \u0438\u043d\u0442\u0435\u043b\u043b\u0435\u043a\u0442. \u0422\u0430\u043a, \u0430\u0432\u0442\u043e\u0442\u0430\u0440\u0433\u0435\u0442\u0438\u043d\u0433 (\u0430\u0432\u0442\u043e\u043c\u0430\u0442\u0438\u0437\u0430\u0446\u0438\u044f \u0440\u0435\u043a\u043b\u0430\u043c\u043d\u044b\u0445 \u043e\u0431\u044a\u044f\u0432\u043b\u0435\u043d\u0438\u0439 \u0441 \u043f\u043e\u043c\u043e\u0449\u044c\u044e \u0418\u0418) \u043e\u0431\u0435\u0441\u043f\u0435\u0447\u0438\u0432\u0430\u0435\u0442 \u0443\u0436\u0435 41% \u0440\u0435\u043a\u043b\u0430\u043c\u043d\u043e\u0439 \u0432\u044b\u0440\u0443\u0447\u043a\u0438 \u0432 \u041f\u043e\u0438\u0441\u043a\u0435 \u0438 68% \u2014 \u0432 \u0440\u0435\u043a\u043b\u0430\u043c\u043d\u043e\u0439 \u0441\u0435\u0442\u0438. \u0414\u043e\u043b\u044f \u0418\u0418-\u0441\u0435\u0440\u0432\u0438\u0441\u043e\u0432 \u0432 \u043e\u0431\u0449\u0435\u0439 \u0432\u044b\u0440\u0443\u0447\u043a\u0435 \u043f\u043b\u0430\u0442\u0444\u043e\u0440\u043c\u044b Yandex Cloud \u0432 2025 \u0433\u043e\u0434\u0443 \u0441\u043e\u0441\u0442\u0430\u0432\u0438\u0442 \u043d\u0435 \u043c\u0435\u043d\u0435\u0435 8%.<\/p>\n\n\n\n<p>\u041e\u0446\u0435\u043d\u0438\u0432\u0430\u0435\u043c \u043e\u0442\u0447\u0435\u0442\u043d\u043e\u0441\u0442\u044c \u00ab\u042f\u043d\u0434\u0435\u043a\u0441\u0430\u00bb \u043a\u0430\u043a \u0441\u0438\u043b\u044c\u043d\u0443\u044e. <\/p>\n","protected":false},"excerpt":{"rendered":"\u041e\u0434\u0438\u043d \u0438\u0437 \u0432\u0435\u0434\u0443\u0449\u0438\u0445 \u0440\u043e\u0441\u0441\u0438\u0439\u0441\u043a\u0438\u0445 \u0438\u0433\u0440\u043e\u043a\u043e\u0432 \u0432 \u0441\u0435\u043a\u0442\u043e\u0440\u0435 \u0442\u0435\u0445\u043d\u043e\u043b\u043e\u0433\u0438\u0439, \u00ab\u042f\u043d\u0434\u0435\u043a\u0441\u00bb, \u043f\u0440\u0435\u0434\u0441\u0442\u0430\u0432\u0438\u043b \u0444\u0438\u043d\u0430\u043d\u0441\u043e\u0432\u044b\u0435 \u0440\u0435\u0437\u0443\u043b\u044c\u0442\u0430\u0442\u044b \u0437\u0430 1 \u043a\u0432\u0430\u0440\u0442\u0430\u043b 2025 \u0433\u043e\u0434\u0430. \u0420\u0430\u0437\u0431\u0435\u0440\u0435\u043c \u043a\u043b\u044e\u0447\u0435\u0432\u044b\u0435 \u043c\u043e\u043c\u0435\u043d\u0442\u044b \u043e\u0442\u0447\u0435\u0442\u043d\u043e\u0441\u0442\u0438: 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