June 10, 2021 – ALROSA reports preliminary rough and polished sales results for May 2021.
ALROSA sales of rough and polished diamonds in May totaled $365 million, including proceeds from rough diamond sales of $346 million, and polished diamond sales of $19 million.
For five months of 2021, total rough and polished diamond sales accounted for $1,926 million, including $1,855 million of rough diamond sales and $71 million of polished.
“Our May sales results demonstrate strong demand coming from Indian midstream. Despite epidemiological situation in April and early May, which demonstrates substantial improvement since then, cutters and polishers fully adapted and are able to process all available volumes of rough diamonds. End-demand for diamond jewelry remains robust in all key regions. For the first four months of the year jewelry sales exceeded pre-COVID levels of 2019 by 30% in USA, and by 10% in China,” said Evgeny Agureev, Deputy CEO of ALROSA.
ALROSA Group rough and polished diamond sales in 2021
Monthly sales results are preliminary and may be updated. Possible discrepancies are due to rounding. Data on the diamond market is the Company’s estimate based on the information available at the time of publication. More detailed Information on sales results the company discloses on a quarterly basis in its Trading updates along with operational results. Official information on the company’s revenue is disclosed in its consolidated IFRS results for the corresponding periods. Preliminary dates of such publications are available in Investor calendar.