Uudiste arhiiv

 

Merko: 2024 9 months and III quarter consolidated unaudited interim report

07.11.2024
Merko

COMMENTARY FROM MANAGEMENT Merko Ehitus revenue for the 9 months of 2024 was EUR 379 million and net profit was EUR 44.8 million. Third-quarter revenue was EUR 175 million; net profit EUR 27.3 million. Sales of construction services made up…

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EfTEN: Net asset value of the EfTEN United Property Fund as of 31.08.2024

25.09.2024
EfTEN United Property Fund

The net asset value (NAV) of EfTEN United Property Fund unit was 10.66 euros at the end of August, increasing by 0.1% over the month. The somewhat smaller-than-usual increase in NAV was related to the investment into the listed fund…

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EfTEN: EfTEN Real Estate Fund AS considers new public offering of shares

05.09.2024
EfTEN Real Estate Fund

The management board of EfTEN Real Estate Fund AS presented to the supervisory board a proposal for issuing new shares, the purpose of which is to finance new planned acquisitions. The volume of the issue is initially planned to be…

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Swedbank: From divergence to more synchronised growth

27.08.2024
Swedbank

The divergent development across countries and sectors has continued this year. Boosted by household consumption, the US economy has grown at a solid pace so far this year, albeit somewhat slower than in 2023. Following a longer period of stagnation,…

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Swedbank: A bumpy ride to recovery

19.08.2024
Swedbank

Housing affordability improved in Tallinn and Vilnius, while remained nearly unchanged in Riga. The ECB cut its interest rates by 25 basis points in June; further cuts will continue supporting affordability. As expected, the ECB cut its interest rates in…

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Baltic Horizon: Baltic Horizon Fund consolidated unaudited results for H1 2024

09.08.2024
Baltic Horizon Fund

Management Board of Northern Horizon Capital AS has approved the unaudited financial results of Baltic Horizon Fund (the Fund) for the six months of 2024. Our strategic ambitions Over the past year, our focus has been on reshaping our strategy to…

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Merko: 2024 6 months and II quarter consolidated unaudited interim report

08.08.2024
Merko

COMMENTARY FROM MANAGEMENT Merko Ehitus revenue for the 6 months of 2024 was EUR 204 million and net profit was EUR 17.5 million. Second-quarter revenue was EUR 122 million; net profit, EUR 13.1 million. The lower volumes from real estate…

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Merko: Adjustments to the structure of the group

05.08.2024
Merko

AS Merko Ehitus adjusts the structure of the group with the aim of making the country-based management more effective and strengthening the focus on core activities, i.e. the provision of construction services and real estate development. On 1 August 2024…

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Swedbank: Estonian household consumption recovery is bumpy, but purchasing power is improving

08.07.2024
Swedbank

Estonian household consumption has been declining since the second half of 2022 and is still falling; however, real wages started to grow in the second half of 2023. Meanwhile, household confidence is at the level last seen during the Global…

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Pro Kapital: New Management Board Member of AS Pro Kapital Grupp

28.05.2024
Pro Kapital

AS Pro Kapital Grupp announces that it has decided to elect Neringa Rasimavičienė, member of the Management board of the group’s Lithuanian subsidiary, as the second member of the AS Pro Kapital Grupp Management Board as of 01.06.2024. “I am…

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Merko: Construction contract in Lithuania (wind farm balance of plant in Telšiai)

24.05.2024
Merko

On 23 May 2024 entered into force a contract signed between UAB Merko Statyba, part of AS Merko Ehitus group, and UAB Telšių vėjo parkas, for performing the construction works of the wind farm balance of plant in Telšiai district…

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Swedbank: Housing affordability has started to improve, but the recovery won’t be quick

14.05.2024
Swedbank

Housing affordability improved in all Baltic capitals. ECB interest rate cuts now are less than a month away. Housing affordability continued increasing in Riga and Vilnius, and it started to increase in Tallinn as well, leaving behind the lowest point…

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Baltic Horizon: Baltic Horizon Fund Consolidated Unaudited Results for Q1 2024

10.05.2024
Baltic Horizon Fund

Management Board of Northern Horizon Capital AS has approved the unaudited financial results of Baltic Horizon Fund (the Fund) for the three months of 2024. Our strategic ambitions Over the past year, our focus has been on reshaping our strategy to…

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Merko: 2024 3 months consolidated unaudited interim report

09.05.2024
Merko

COMMENTARY FROM MANAGEMENT Merko Ehitus revenue was EUR 81.2 million in Q1 2024, representing 7.2% growth compared to the same period a year ago. Net profit for the quarter was EUR 4.4 million. Merko delivered 59 apartments and 7 commercial…

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Nordecon: 2024 first quarter consolidated interim report (unaudited)

09.05.2024
Nordecon

The first quarter of 2024 of the Nordecon Group is characterized by an increase in sales revenue, an improvement in profitability and an increase in the order book. The sales revenue of the first quarter of 2024 was 46,245 thousand…

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