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SRV Yhtiot Oyj (SRV1V.HE)

SRV1V.HE on Helsinki Stock Exchange

2.69EUR
17 Aug 2018
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€0.00 (+0.00%)
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Latest Key Developments (Source: Significant Developments)

SRV Q1 Operating Result Swings To Loss Of EUR 8.8 Million
Thursday, 26 Apr 2018 01:30am EDT 

April 26 (Reuters) - SRV YHTIOT OYJ ::REG-SRV´S INTERIM REPORT JANUARY-MARCH 2018: GOOD INTAKE OF NEW ORDERS IN THE BEGINNING OF THE YEAR, BUT REVENUE AND OPERATIVE OPERATING PROFIT DECLINED.Q1 REVENUE EUR 215.7 MILLION VERSUS EUR 223.7 MILLION YEAR AGO.Q1 OPERATING PROFIT LOSS EUR 8.8 MILLION VERSUS PROFIT EUR 7.3 MILLION YEAR AGO.FEWER DEVELOPER-CONTRACTED HOUSING UNITS WILL BE COMPLETED IN 2018 THAN IN COMPARISON PERIOD..IT IS ESTIMATED THAT A TOTAL OF 526 HOUSING UNITS WILL BE COMPLETED IN 2018 (782 IN 2017).EARNINGS IN 2018 WILL BE IMPACTED BY LOWER-THAN-EXPECTED MARGINS OF CERTAIN ONGOING PROJECTS..FULL-YEAR CONSOLIDATED REVENUE FOR 2018 IS EXPECTED TO DECLINE COMPARED WITH 2017.OPERATIVE OPERATING PROFIT IS EXPECTED TO BE LOWER THAN IN 2017 (OPERATIVE OPERATING PROFIT EUR 27.0 MILLION..ANTICIPATES THAT IT WILL ACHIEVE ITS STRATEGIC EARNINGS LEVEL BY END OF 2022.  Full Article

SRV Yhtiot Will Implement A School Centre In Leppävaara, Espoo
Monday, 19 Mar 2018 06:00am EDT 

March 19 (Reuters) - SRV Yhtiot Oyj ::SRV WILL IMPLEMENT A SCHOOL CENTRE FOR MORE THAN 1,000 CHILDREN IN LEPPÄVAARA, ESPOO.‍HAS BEEN SELECTED TO IMPLEMENT A COMPREHENSIVE SCHOOL AND DAY-CARE CENTRE PROJECT VALUED AT ABOUT EUR 33 MILLION IN LEPPÄVAARA, ESPOO.​.‍PROJECT DEVELOPMENT PHASE WILL BEGIN IMMEDIATELY AND RUN UNTIL NOVEMBER 2018.​.NEW SCHOOL CENTRE IN LEPPÄVAARA IS EXPECTED TO BE FULLY COMPLETED IN MAY 2021..‍FINAL TOTAL VALUE OF PROJECT WILL BE SPECIFIED DURING DEVELOPMENT PHASE​.‍PROJECT IMPLEMENTATION WILL BEGIN IN DECEMBER 2018.​.‍NEW SCHOOL CENTRE IN LEPPÄVAARA IS EXPECTED TO BE FULLY COMPLETED IN MAY 2021.​.‍ACCORDING TO CURRENT ESTIMATES, PROJECT WILL BE RECOGNISED IN SRV'S ORDER BACKLOG IN Q4 OF 2018.​.  Full Article

SRV To Sell Two Residential Towers At Lapinmäentie
Wednesday, 7 Mar 2018 07:00am EST 

March 7 (Reuters) - SRV YHTIOT OYJ ::REG-SRV TO SELL TWO RESIDENTIAL TOWERS AT LAPINMÄENTIE TO LOCALTAPIOLA.TRANSACTION VALUED AT ABOUT EUR 65 MILLION.HOUSING UNITS IN QUESTION WILL BE INCORPORATED INTO SRV'S ORDER BACKLOG IN SECOND HALF OF 2018.  Full Article

SRV Yhtiot Considers Issuance Of New Notes
Wednesday, 7 Mar 2018 02:15am EST 

March 7 (Reuters) - SRV YHTIOT OYJ ::CONSIDERS ISSUANCE OF NEW NOTES AND ANNOUNCES A TENDER OFFER FOR ITS OUTSTANDING NOTES DUE DECEMBER 2018.SRV GROUP PLC ("SRV") IS CONSIDERING ISSUANCE OF NEW EURO-DENOMINATED FIXED RATE NOTES.ISSUANCE OF NEW NOTES MAY TAKE PLACE IN NEAR FUTURE SUBJECT TO MARKET CONDITIONS.OFFEROR PROPOSES TO ACCEPT FOR PURCHASE ANY AND ALL NOTES VALIDLY TENDERED IN TENDER OFFER.PURCHASE PRICE OF NOTES IS EUR 1,037.73 PER NOMINAL AMOUNT OF EUR 1,000.00.OFFER PERIOD BEGINS ON 7 MARCH 2018 AND CLOSES AT 4:00 P.M. FINNISH TIME (EET) ON 16 MARCH 2018.  Full Article

SRV Yhtiot Q4 Operating Profit Falls To EUR 11.4 Million ​
Friday, 16 Feb 2018 01:30am EST 

Feb 16 (Reuters) - SRV YHTIOT OYJ ::‍PROPOSED DIVIDEND PER SHARE IS EUR 0.06 (EUR 0.10).​.OCT-DEC ‍OPERATIVE OPERATING PROFIT DECREASED TO EUR 14.2 (15.4) MILLION.​.‍FULL-YEAR CONSOLIDATED REVENUE FOR 2018 IS EXPECTED TO DECLINE COMPARED WITH 2017 (REVENUE EUR 1,116.1 MILLION).​.Q4 REVENUE EUR 339.3 MILLION VERSUS EUR 328.7 MILLION YEAR AGO.2018 ‍OPERATIVE OPERATING PROFIT IS EXPECTED TO BE LOWER THAN IN 2017 (OPERATIVE OPERATING PROFIT EUR 28.7 MILLION)​.‍AFTER 2018, AN ATYPICAL YEAR, COMPANY ANTICIPATES THAT IT WILL ACHIEVE ITS STRATEGIC EARNINGS LEVEL BY END OF 2022.​.Q4 OPERATING PROFIT EUR 11.4 MILLION VERSUS EUR 16.2 MILLION YEAR AGO.‍IT IS ESTIMATED THAT A TOTAL OF 526 HOUSING UNITS WILL BE COMPLETED IN 2018 (782 IN 2017).​.‍IN ADDITION, EARNINGS IN 2018 WILL BE IMPACTED BY LOWER-THAN-EXPECTED MARGINS OF CERTAIN ONGOING PROJECTS.​.  Full Article

SRV To Investigate Possible Sale Of Shopping Centre In Russia
Tuesday, 6 Feb 2018 08:30am EST 

Feb 6 (Reuters) - SRV YHTIOT OYJ ::SRV TO INVESTIGATE POSSIBLE SALE OF PEARL PLAZA SHOPPING CENTRE IN ST. PETERSBURG.‍DOES NOT EXPRESS A MORE DETAILED VIEW ON TIMING OF A POSSIBLE SALE, OR TARGET PRICE​.  Full Article

SRV Revises Timetable And Value Of Project In Tampere
Friday, 12 Jan 2018 05:00am EST 

Jan 12 (Reuters) - SRV YHTIOT OYJ ::IMPLEMENTATION OF SRV-DEVELOPED CENTRAL DECK AND ARENA PROJECT IN TAMPERE CONFIRMED.‍PROJECT'S TIMETABLE AND TOTAL VALUE HAVE BEEN REVISED DURING PLANNING​.‍ACCORDING TO CURRENT TIMETABLE PLAN, WHOLE PROJECT WILL BE COMPLETED IN 2024.​.‍S TOTAL VALUE HAS BEEN REVISED TO APPROXIMATELY EUR 550 MILLION.‍VALUE OF SHARE OF PHASE 1 AGREEMENTS ENTERED INTO SRV'S ORDER BACKLOG IN 2017 IS ABOUT EUR 210 MILLION​.‍REVENUE RECOGNITION FOR PHASE 1 OF PROJECT WILL ALLOCATED IN YEARS 2018-2022​.  Full Article

SRV To Launch Construction Work On Siltasairaala Hospital For HUS
Friday, 5 Jan 2018 04:00am EST 

Jan 5 (Reuters) - SRV YHTIOT OYJ ::SRV TO LAUNCH CONSTRUCTION WORK ON NEW SILTASAIRAALA HOSPITAL FOR HUS.‍CONSTRUCTION WORK IS DUE TO BE COMPLETED IN JUNE 2022​.  Full Article

SRV to build Finland’s first Marriott hotel in Tampere
Thursday, 9 Nov 2017 03:45am EST 

Nov 9 (Reuters) - SRV YHTIOT OYJ ::TO BUILD FINLAND’S FIRST MARRIOTT HOTEL IN TAMPERE .‍FINAL CONTRACT PRICE WILL NOT BE PUBLISHED.​.‍HOTEL IS EXPECTED TO BE COMPLETED IN AUTUMN 2019.​.  Full Article

SRV YHTIOT Q3 operating profit above expevtations at EUR 9.0 mln
Thursday, 26 Oct 2017 01:30am EDT 

Oct 26 (Reuters) - SRV YHTIOT OYJ ::Q3 REVENUE EUR‍ 268.3​ MILLION (REUTERS POLL: EUR 235 MILLION).Q3 OPERATING PROFIT EUR ‍9.0​ MILLION (REUTERS POLL: EUR 6.83 MILLION).‍FULL-YEAR CONSOLIDATED REVENUE FOR 2017 IS EXPECTED TO GROW COMPARED WITH 2016​.‍PROFITABILITY LEVEL IN ACCORDANCE WITH STRATEGY WILL NOT BE ATTAINED UNTIL END OF STRATEGY PERIOD ​.IF ROUBLE EXCHANGE RATE REMAINS AT LEVEL PREVAILING AT END OF Q2 OPERATING PROFIT IS EXPECTED TO WEAKEN​.  Full Article

BRIEF-SRV Q1 Operating Result Swings To Loss Of EUR 8.8 Million

* REG-SRV´S INTERIM REPORT JANUARY-MARCH 2018: GOOD INTAKE OF NEW ORDERS IN THE BEGINNING OF THE YEAR, BUT REVENUE AND OPERATIVE OPERATING PROFIT DECLINED