Latvia

  • 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 …

  • 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 …

  • 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 …

  • 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 …