OREANDA-NEWS. Mail.Ru Group Limited (LSE: MAIL, hereinafter referred as "the Company" or "the Group"), one of the largest companies in the Russian-speaking Internet market, today provides the following preliminary unaudited segment financial information and key operating highlights for the full year ended 31 December 2014.

FY 2014 Performance Highlights
- FY 2014 Group aggregate segment revenue grew 14.8% Y-o-Y to RUR 35,778 million
- FY 2014Group aggregate segment EBITDA grew 13.5% Y-o-Y to RUR 18,297 million
- FY 2014 Group aggregate net profit grew 11.4% Y-o-Y to RUR 12,518 million
- The above revenue and growth rates are based on a full pro-forma consolidation of VK from the beginning of 2013
- VK FY 2014 revenue growth was 12.9% to RUR 4,319 million and EBITDA growth of 54.9% to RUR 1,603 million. VK Q4 2014 revenue growth was 22.6% to RUR 1,348 million
- Net debt position as of 31 December 2014 was RUR 16,987 million (excluding interest payable of RUR 147 million)

Key recent developments

- Acquisition of MAPS.ME, a popular OpenStreetMap-based offline mobile maps and navigation service. Shortly after the acquisition the app became free
- New versions of myMail apps optimized for iOS 8 and Android 5 with support for offline actions with messages
- Two-factor authentication (password + SMS code) across most of Mail.Ru projects and mobile apps
- Conversation view (threads) as an opt-in feature in Mail.Ru email service
- “Clean up your mailbox” – a handy tool to sort incoming messages into folders “Promotions”, “Social Networks” and “Newsletters”
- Ability to unpack and view archived files attached to emails directly in web and mobile web
- Cloud.Mail.Ru moves from beta to production, introduces shared folders and updates apps for iOS and Android with additional security features
- New photo editor in VK: new engine, increased number of photo filters, advanced tools for editing photos
- New backend and new design of the video section in VK
- New VK apps optimized for iOS 8 and Android 5 multiple UX and UI updates
- Gifts are now available in Android application and on mobile web version of VK; amendments to stickers section on all platforms
- Launch of mobile advertising in VK
- Updates of video service in OK: new viewing mode and autoplay feature
- Updates in messaging system in OK: chat redesign, gift recommendations in birthday reminder, free and paid stickers
- OK apps for Android, iOS and Windows Phone updated with audio and video messages in the chat
- ICQ for iOS and Android updated with advanced search, new push notifications, new UI of audio and video calls, faster photosharing
- Mail.Ru Agent for iOS and Android updated with completely new design and significantly improved performance, synchronization of chat history, ability to send multiple photos and videos at once
- SkyForge closed beta test launched
- Evolution listed among Best of 2014 in Google Play and Apple App Store annual ratings; new update, Legacy of Dominion, launched on Android and iOS
- Release of a major update for Warface – Operation Cold Peak
- Horoscope app listed among the Best Android Apps of 2014 (by Google) and among the best new apps on the App Store (by Apple)
- HTTPS access to all content projects by default
- Sale of Money.Mail.Ru project to QIWI

Motivation programme

- The board has approved a new long-term incentive plan based around restricted stock units; up to 5% of total shares outstanding to be issued subject to a members resolution.