News: SRV Yhtiot Oyj (SRV1V.HE)

SRV1V.HE on Helsinki Stock Exchange

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Tue, Aug 18 2015

BRIEF-SRV Yhtiot: EUR 50 million rights offering

* Two new shares for three existing share held on record date of Aug. 20, 2015

BRIEF-SRV Yhtiot Oyj Q2 operating profit down at EUR 0.8 million

* Q2 revenue 164.5 million euros ($179.62 million) versus 143.1 million euros year ago

BRIEF-SRV updates its strategic objectives

* SRV aims to increase its operating profit margin to over 8 per cent by end of strategy period, instead of earlier announced target of 6 per cent

BRIEF-SRV sells Kalasatama health and wellbeing centre to German special fund

* SRV has sold the health and wellbeing centre it is developing in Kalasatama, Helsinki to a German special fund managed by Deka Immobilien

BRIEF-SRV to participate in Fennovoima's nuclear power plant construction project

* Says has decided to become a shareholder in the nuclear power plant to be built at Pyhäjoki

BRIEF-SRV to sign EUR 170 million contractor agreement

* SRV to sign 170 million euros ($190.80 million) contractor agreement on implementation of new Tampere University Hospital buildings

BRIEF-SRV Yhtiot plans to issue new shares

* Says according to preliminary plan and depending on market situation, share issue is estimated to be implemented by end of 2015

BRIEF-Finland's SRV wins renovation deal in Helsinki

* Says wins order for renovation project management at Helsinki theatre

BRIEF-SRV Yhtiöt: Russian chain Lenta leases space in Finnish investors' shopping centre

* Russian daily consumer goods chain Lenta leases space in Finnish investors' shopping centre in St Petersburg

BRIEF-SRV Yhtiöt Q1 operating profit decreases to EUR 2.5 million

* Q1 revenue 172.9 million euros ($196.35 million) versus 138.5 million euros year ago

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