Lithuania

  • 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 …

  • 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 …

  • 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 …

  • Merko Ehitus increases revenue from foreign sales

    Merko Ehitus posted sales of EUR 48.9 million in the first quarter, representing growth of 2% compared to the same period last year. Over one-third of the revenue came from sales outside of Estonia. The company’s net profit in the first quarter was EUR 0.7 million and the gross margin was 8.1%. The company signed …

  • Merko Ehitus revenue and profit growth continue in Q3

    Merko Ehitus’s revenue in the third quarter was EUR 84.1 million and nine-month revenue EUR 197.8 million, representing an increase of 19% and 11%, respectively, compared with the same period in the previous year. The company’s net profit in the third quarter was EUR 3.9 million and the corresponding nine-month result amounted to EUR 7.9 …

  • Merko Ehitus reports higher sales revenue and net profit in Q2

    AS Merko Ehitus’s revenue in the second quarter was EUR 65.9 million and six-month revenue EUR 113.7 million in 2013, representing an increase of 11.5% and 6.4%, respectively, compared with the same period in the previous year. Net profit in the second quarter was EUR 2.3 million and net profit for the first six months …

  • Net profit of Merko Ehitus EUR 1.8 million in first quarter

    The sales revenue of AS Merko Ehitus in the first quarter of 2013 amounted to EUR 47.9 million, which is on the same level with last year. The majority of the company’s revenue is still generated in Estonia, but revenue in Latvia has doubled compared to the first quarter of 2012. Net profit in the …