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SRV Yhtiot Oyj (SRV1V.HE)

SRV1V.HE on Helsinki Stock Exchange

4.60EUR
22 Jul 2016
Change (% chg)

€0.07 (+1.55%)
Prev Close
€4.53
Open
€4.60
Day's High
€4.61
Day's Low
€4.54
Volume
40,208
Avg. Vol
28,130
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€4.70
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€2.42

Latest Key Developments (Source: Significant Developments)

SRV Yhtiot Q2 operating profit up at EUR 4.1 million
Thursday, 21 Jul 2016 01:30am EDT 

SRV Yhtiot Oyj : Q2 operating profit 4.1 million euros ($4.5 million) versus 0.8 million euros year ago . Q2 revenue 218.5 million euros versus 164.5 million euros year ago . End-Q2 order backlog 2.02 billion euros versus 1.26 billion euros year ago . Outlook for earnings in 2016 remains unchanged . FY revenue is expected to grow and operating profit to improve compared with 2015 .Says significant proportion of company's operating profit will be made in H2.  Full Article

SRV Yhtiot wins over EUR 100 million contractor agreement
Thursday, 30 Jun 2016 03:30am EDT 

SRV Yhtiot Oyj : Wins over 100 million euro ($111.09 million) contractor agreement for expansion of centre of Tapiola . Contract will increase value of SRV's order backlog to about 2 billion euros . In Ainoa's third and final construction phase, new business building will be built in central Tapiola, complemented by two new blocks of Kirjokansi flats .SRV is also in charge of Merituulentie's connecting bus terminal under Ainoa shopping centre.  Full Article

SRV Yhtiot signs Ring Road I tunnelling contract
Thursday, 9 Jun 2016 07:31am EDT 

SRV Yhtiot Oyj : Signs contractor agreement for Ring Road I tunnel project . Total value of contract is about 50 million euros ($56.69 million) . Tunnelling project will be implemented in two stages, first of which is due to take place in 2016-2018 .City of Espoo has decided to sell two residential plots at Keilaniemi to SRV.  Full Article

SRV selected to implement Sonera data centre in Pitäjänmäki, Helsinki
Monday, 6 Jun 2016 03:08am EDT 

Srv Yhtiot Oyj : Selected to implement Sonera data centre in Pitäjänmäki, Helsinki . Will act as project management contractor . Construction of data centre will begin in summer 2016 .Building will be completed in early 2018.  Full Article

SRV Yhtiot wins about EUR 290 million contractor agreement
Friday, 3 Jun 2016 07:52am EDT 

Srv Yhtiot Oyj : SRV wins about 290 million euros($323.03 million) contractor agreement for the implementation of Central Finland Central Hospital . The final project management contract agreement will be signed in June . A new central hospital will be built near the existing Central Finland Central Hospital in Kukkumäki in 2020 .The total investment in the new central hospital will be worth about 490 million euros.  Full Article

SRV Yhtiot signs EUR 94 million agreement with City of Helsinki
Tuesday, 31 May 2016 07:30am EDT 

SRV Yhtiot Oyj : 94 million euro ($104.92 million) agreement with City of Helsinki on plots for six REDI residential tower buildings . Total revenue of shopping centre, parking facility and towers is expected to exceed 1 billion euros .REDI is expected to be completed in 2023, depending on market conditions.  Full Article

SRV Yhtiot to renovate Lappeenranta police building
Monday, 23 May 2016 07:00am EDT 

SRV Yhtiot Oyj : SRV has signed an alliance agreement with Senate Properties on the renovation of the Lappeenranta police building .The renovation work in Lappeenranta will be launched immediately and the project is expected to be completed at the end of 2017.  Full Article

SRV Yhtiot keeps FY 2016 outlook unchanged
Wednesday, 4 May 2016 01:30am EDT 

SRV Yhtiot Oyj:Says outlook for earnings in FY 2016 remains unchanged.Still sees revenue for FY 2016 to grow and operating profit to improve compared with FY 2015.Reported revenue of 719.1 million euros, operating profit of 24.4 million euros for FY 2015.FY 2016 revenue 851 million euros, EBIT 31.67 million euros-Thomson Reuters I/B/E/S.  Full Article

SRV Yhtiot Oyj chosen as developer of hospital centre
Tuesday, 26 Apr 2016 02:38am EDT 

SRV Yhtiot Oyj:Has been chosen as developer of a hospital centre.Project value of 300 million euros.Construction starts in early autumn 2016.Building to be gradually ready during 2020.New hospital centre to be built close to current hospital centre in Jyvaskyla district Kukkumaki.  Full Article

SRV Yhtiot Oyj bond issue more than two times subscribed
Wednesday, 16 Mar 2016 10:45am EDT 

SRV Yhtiot Oyj:Its 100 million euros bond issue more than two times subscribed.Five-year bond matures March 23, 2021 and carries fixed annual interest of 6.875 pct​.Proceeds from bond offering will be used to secure its financing needs for increasing construction volumes.Pohjola Bank plc and Danske Bank A/S act as lead managers for transaction.  Full Article

BRIEF-SRV Yhtiot Q2 operating profit up at EUR 4.1 million

* Q2 operating profit 4.1 million euros ($4.5 million) versus 0.8 million euros year ago