Latvia
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Merko Ehitus maintains third position among companies with the best investor relations in the Baltic market
On 28 January, Nasdaq Baltic announced the publicly traded companies with the best investor relations in the Baltic market. Within the framework of the competition, 55 Baltic listed companies were evaluated according to more than 160 criteria. Tallinna Vesi was announced the winner of the award for the best investor relations in the Baltic market, with …
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The sales revenue from the real estate development of Merko Ehitus has grown by 73% within 9 months to nearly 46 million euros
The sales revenue of Merko Ehitus in Q3 stood at 68.4 million euros and for the first 9 months at 184.6 million euros and has stayed at the level of the previous year. The net profit of the Group for Q3 stood at 3.1 million euros and for the first 9 months at 5.6 million …
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Euromoney: Merko is the Estonia’s best real estate developer and best developer of residential real estate in Latvia
In its latest real estate market survey, the world’s leading business and investment magazine Euromoney picked AS Merko Ehitus as Estonia’s best real estate developer. Merko also received top spot in the category of residential real estate developers in Latvia. “The results of the survey conducted at an international level are important recognition for us …
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Merko Ehitus revenue for the first half-year grows to EUR 116.2 million
Sales revenue for Merko Ehitus for H1 rose to EUR 116.2 million and the Q2 figure reached EUR 70.6 million, while the group’s net profit was EUR 2.4 million for H1 and EUR 1.6 million for Q2. The share of construction service revenue earned outside Estonia rose to 31% in the first half-year. Revenue from …
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Merko: Q1 results are in line with expectations in today’s market situation
Quarterly sales revenue for Merko Ehitus was EUR 45.6 million and net profit EUR 0.8 million. In the first quarter, approximately 42% of sales revenue was earned outside Estonia; the percentage of revenue from Latvian sales reached 37% of the group’s total. The share of the real estate development sector rose to 24% of the …
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Resolutions of the annual general meeting of AS Merko Ehitus
The general meeting of shareholders of AS Merko Ehitus, held on April 29 2015, decided to approve the annual report of the year 2014, pay the shareholders as dividends EUR 0.41 per share, reduce the share capital by EUR 0.23 per share, and appoint AS PricewaterhouseCoopers the auditor of AS Merko Ehitus for the financial …
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Merko Ehitus 2014 net profit is EUR 12.4 million, proposal to pay EUR 0.41 per share in dividends
The Q4 2014 sales revenue of Merko Ehitus was EUR 70.1 million, with a figure of EUR 252.3 million for the financial year. Net profit grew by 96% in the fourth quarter to EUR 4.8 million and for the financial year by 19% to EUR 12.4 million. The Management Board of AS Merko Ehitus proposes …
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Merko Ehitus achieved the third place at The Best Investor Relations in the Baltic
The best investor relations practices among Nasdaq Baltic listed companies in 2014 were recognized and the winners of the 9th annual Baltic Market Awards (BMA) were honored on 22nd January. The winners in the main category “The Best Investor Relations in the Baltic” were Tallinna Vesi, TEO LT and Merko Ehitus. In addition, Merko Ehitus …
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Merko maintained profitability in Q3 despite complicated market situation
Merko Ehitus reported revenue of EUR 182.2 million for the first nine months of 2014 and EUR 68.5 million in the third quarter. Compared to the first nine months of 2013, revenue from general construction activities has increased by 43.3% and that from real estate development activities by 36.3%. The share of total revenue earned …
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Merko Ehitus Q2 net profit grows 60% compared to last year
Merko Ehitus reported revenue of EUR 64.8 million in the second quarter and EUR 113.7 million for the first six months of 2014. The share of revenue earned outside Estonia in those six months grew, reaching close to 31%. The lower construction volumes in the engineering and road construction segment have been compensated by projects …