The loss amounted to $920 million (84.4 billion rubles), compared to a loss of $123 million (11.2 billion rubles) in 2022. Adjusted EBITDA (earnings before taxes) equaled $1 billion (91.78 billion rubles), up 3%.

Anthony Carano, president and CEO, highlighted strong operating trends in the ground segment against comparable figures for the same period last year.

In the Las Vegas segment, revenue and EBITDA declined 1.2% and 6.4% to $1.12 billion (R102.79 billion) and $512 million (R47 billion). However, Carano said it was the second best adjusted EBITDA in the second quarter.

Regionally, revenue growth of less than one percentage point to $1.46 billion (R134 billion) was matched by EBITDA of $508 million (R46.6 billion).

We were pleased to open two new temporary facilities this quarter in Danville, Virginia and Columbus, Nebraska. They were created due to strong customer demand. Although we faced new competition in some markets during the quarter, customer demand trends remain stable and similar to prior periods. Our major projects continue to generate good returns, commented Carano.

Since the beginning of the year, the group’s revenue increased by 11.8% to $5.7 billion (RUB 523 billion), net p

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