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SRV Yhtiot Oyj (SRV1V.HE)

SRV1V.HE on Helsinki Stock Exchange

4.73EUR
24 May 2017
Change (% chg)

€0.14 (+3.05%)
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€4.59
Open
€4.65
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€4.65
Volume
58,025
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Latest Key Developments (Source: Significant Developments)

Srv Yhtiot to build hospital in Helsinki with target budget of EUR 230 million
Wednesday, 24 May 2017 02:53am EDT 

May 24 (Reuters) - SRV YHTIOT OYJ ::HOSPITAL DISTRICT OF HELSINKI AND UUSIMAA HUS HAS SELECTED SRV TO IMPLEMENT SILTASAIRAALA HOSPITAL, LARGEST CONSTRUCTION PROJECT IN ITS HISTORY..TARGET BUDGET OF SILTASAIRAALA HOSPITAL, WITH RESPECT TO SRV, IS EUR 230 MILLION.PROJECT WILL BE LAUNCHED IMMEDIATELY IN JUNE WITH A DEVELOPMENT PHASE THAT WILL RUN TO END OF YEAR.ACTUAL CONSTRUCTION WORK OF HOSPITAL WILL BEGIN IN EARLY 2018, AT WHICH TIME PROJECT WILL BE ENTERED IN SRV'S ORDER BACKLOG.CONSTRUCTION IS SCHEDULED TO BE COMPLETED BY END OF 2022.  Full Article

SRV signs a an agreement with the City of Tampere
Thursday, 11 May 2017 03:14am EDT 

May 11 (Reuters) - SRV YHTIOT OYJ :CONDITIONAL SHAREHOLDERS’ AGREEMENT BETWEEN INVESTOR GROUP AND THE CITY OF TAMPERE FOR THE IMPLEMENTATION OF SRV’S CENTRAL DECK AND ARENA PROJECT.A FINAL DECISION ON INVESTMENT IS EXPECTED SOMETIME DURING 2017..  Full Article

SRV Yhtiöt Q1 operating profit EUR 7.3 mln, beats estimates
Thursday, 27 Apr 2017 01:30am EDT 

April 27 (Reuters) - SRV YHTIOT OYJ :Q1 REVENUE EUR 223.7 MILLION (REUTERS POLL: EUR 187 MILLION).Q1 OPERATING PROFIT EUR 7.3 MILLION (REUTERS POLL: EUR 3.7 MILLION).FULL-YEAR CONSOLIDATED REVENUE FOR 2017 IS EXPECTED TO INCREASE AND OPERATING PROFIT TO IMPROVE ON 2016 (REVENUE EUR 884 MILLION AND OPERATING PROFIT EUR 27.7 MILLION).ALTHOUGH DEVELOPER-CONTRACTED HOUSING WILL BE COMPLETED ON A STEADIER SCHEDULE THAN IN 2016, A SIGNIFICANT PART OF OPERATING PROFIT WILL STILL BE MADE IN SECOND HALF OF YEAR.  Full Article

SRV Yhtiöt: half of business premises at REDI shopping centre leased
Thursday, 23 Mar 2017 08:34am EDT 

SRV Yhtiot Oyj : Half of business premises at REDI shopping centre have been leased .In addition, lease negotiations are currently under way on all of remaining business premises.  Full Article

SRV buys parcel of land, continues development of Lapinmäentie project
Monday, 13 Mar 2017 05:00am EDT 

SRV Yhtiot Oyj : Says continues development of Lapinmäentie project in Munkkivuori, Helsinki . Purchases parcel of land at property located at address Lapinmäentie 1 from Pohj Landlord .Says will also lease from OP Tonttirahasto Ky on long-term lease agreement parcels acquired by OP Tonttirahasto Ky in same context.  Full Article

SRV renovates premises for Lahti University of Applied Sciences
Monday, 20 Feb 2017 03:03am EST 

SRV Yhtiot Oyj : Renovates premises for the Lahti University of Applied Sciences .Renovation is already underway, and LAMK will move to new premises in autumn 2018.  Full Article

SRV Yhtiot Q4 operating profit down at EUR 16.2 million
Thursday, 2 Feb 2017 06:00am EST 

SRV Yhtiot Oyj : Srv's financial statement release, January–December 2016: revenue, operating profit and order backlog grow . Q4 revenue 328.7 million euros ($355.32 million) versus 226.6 million euros year ago . Q4 operating profit 16.2 million euros versus 17.0 million euros year ago . End-Q4 order backlog 1.76 billion euros versus 1.58 billion euros year ago . Sees full-year consolidated revenue for 2017 to increase and operating profit to improve on 2016 . Sees developer-contracted housing will be completed on a steadier schedule than in 2016, but a significant part of operating profit will still be made in second half of year .Says accounting change will make SRV more susceptible to fluctuations in rouble exchange rate and may impact on full-year operating profit.  Full Article

SRV to construct rental housing units for LocalTapiola
Thursday, 2 Feb 2017 05:59am EST 

SRV Yhtiot Oyj : Says will construct 528 rental housing units for LocalTapiola in the Helsinki Metropolitan area, Turku and Jyväskylä . Framework agreement is of about 100 million euros ($108.10 million) .All buildings will be completed during 2018 and 2019.  Full Article

SRV to build new hospital in Central Finland
Wednesday, 1 Feb 2017 10:00am EST 

SRV Yhtiot Oyj : SRV to build completely new hospital in Central Finland – foundation stone laid in Jyväskylä . Total construction value of new hospital in Finland is around 300 million euros ($322 million) .When it opens in 2020, Central Finland Hospital Nova will replace all of functions of present central hospital.  Full Article

SRV to implement Kerava town centre block for Etera
Thursday, 29 Dec 2016 07:00am EST 

SRV Yhtiot Oyj : To implement Kerava town centre block for Etera . Total value of deal, consisting of Karuselli shopping centre, housing units and joint parking facility, is over 50 million euros ($52.27 million) . Will sell to Etera Mutual Pension Insurance Company new complex in Aleksintori block to be implemented in Kerava town centre .Karuselli shopping centre will be completed in late 2018 and housing units in late 2018/early 2019.  Full Article

More From Around the Web

BRIEF-Srv Yhtiot to build hospital in Helsinki with target budget of EUR 230 million

* HOSPITAL DISTRICT OF HELSINKI AND UUSIMAA HUS HAS SELECTED SRV TO IMPLEMENT SILTASAIRAALA HOSPITAL, LARGEST CONSTRUCTION PROJECT IN ITS HISTORY.