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SRV Yhtiot Oyj (SRV1V.HE)

SRV1V.HE on Helsinki Stock Exchange

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€0.03 (+0.92%)
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€5.25
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Latest Key Developments (Source: Significant Developments)

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

SRV sells Wood City building and part of parking facilities to Supercell
Friday, 6 Oct 2017 06:45am EDT 

Oct 6 (Reuters) - SRV YHTIOT OYJ :SRV TO SELL WOOD CITY OFFICE BUILDING AND CONSIDERABLE PART OF PARKING FACILITIES TO SUPERCELL – CONSTRUCTION WORK SCHEDULED TO BEGIN NEXT SPRING .‍FINAL SALE PRICE WILL NOT BE PUBLISHED.​.  Full Article

SRV signs a deal with Localtapiola Asuntosijoitus Suomi to build 300 apartments
Thursday, 5 Oct 2017 07:00am EDT 

Oct 5 (Reuters) - SRV YHTIOT OYJ :SRV TO BUILD 300 RENTAL APARTMENTS FOR LOCALTAPIOLA IN HELSINKI METROPOLITAN AREA, KERAVA AND TURKU.SRV AND LOCALTAPIOLA ASUNTOSIJOITUS SUOMI KY HAVE AGREED ON CONSTRUCTION OF AROUND 300 RENTAL APARTMENTS.UNDER APPROXIMATELY EUR 60 MILLION AGREEMENT, SRV WILL BUILD APARTMENT BUILDINGS FOR LOCALTAPIOLA IN NIITTYKUMPU, ESPOO, IN KERAVA TOWN CENTRE, AND IN TURKU.  Full Article

SRV to build nearly 200 housing unit project on Kivistö School area in Vantaa
Wednesday, 27 Sep 2017 07:20am EDT 

Sept 27 (Reuters) - SRV YHTIOT OYJ ::SRV TO BUILD A NEARLY 200 HOUSING UNIT PROJECT ON THE KIVISTÖ SCHOOL AREA IN VANTAA.  Full Article

SRV Group downgrades outlook on weakened rouble exchange
Thursday, 20 Jul 2017 01:00am EDT 

July 20 (Reuters) - SRV YHTIOT OYJ :SRV GROUP PLC CHANGES ITS GUIDANCE AND SPECIFIES THE OUTLOOK FOR 2017.NEW OUTLOOK: FULL-YEAR CONSOLIDATED REVENUE FOR 2017 IS EXPECTED TO GROW COMPARED WITH 2016 (REVENUE EUR 884 MILLION).‍IF ROUBLE EXCHANGE RATE REMAINS AT LEVEL PREVAILING END OF Q2 2017, OPERATING PROFIT IS EXPECTED TO WEAKEN, BUT OPERATIVE OPERATING PROFIT TO IMPROVE​.A PROFITABILITY LEVEL IN ACCORDANCE WITH STRATEGY WILL NOT BE ATTAINED, HOWEVER, UNTIL END OF STRATEGY PERIOD 2019-2020.  Full Article

BRIEF-SRV Yhtiot Q4 Operating Profit Falls To EUR 11.4 Million ​

* OCT-DEC ‍OPERATIVE OPERATING PROFIT DECREASED TO EUR 14.2 (15.4) MILLION.​