Uudiste arhiiv

 

Merko: 2024 3 months consolidated unaudited interim report

09.05.2024

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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Hepsor: Notice of calling the annual general meeting of Hepsor AS

29.04.2024
Hepsor

The management board of Hepsor AS (registry code 12099216, address Järvevana 7b, 10112 Tallinn) calls the annual general meeting of the shareholders to be held on Thursday, 23 May 2024 at 11:00 in hotel Mövenpick conference center, Lembitu 12, Tallinn.…

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Merko: Construction contract in Lithuania (increase in the volume of design-build contract)

16.04.2024

On 15. April 2024, the addendum to the design-build contract between UAB Merko Statyba, part of AS Merko Ehitus group, and North Atlantic Treaty Organization (NATO) Support and Procurement Agency entered into force for additional works on the construction of…

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Merko: Audited annual report 2023

04.04.2024

AS Merko Ehitus consolidated audited financial results for 2023 remain unchanged compared to the preliminary disclosure on 8 February 2024. STATEMENT OF THE CHAIRMAN OF THE MANAGEMENT BOARD Like past years and, surely, years to come, 2023 was anything but…

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Swedbank: A long-awaited recovery is on the way

18.03.2024
Swedbank

Housing affordability has bottomed out. Interest rates for new loans likely peaked in the fourth quarter. The sustained rapid net wage growth is the key factor in the recovery of affordability. Housing affordability finally started to improve in Riga and…

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Pro Kapital: Pro Kapital Council approved Consolidated Interim Report for IV Quarter and 12 Months of 2023 (Unaudited)

28.02.2024
Pro Kapital

MANAGEMENT REPORT CEO summary In 2023 we have been in line with the Company’s history, by having focus on the main areas of activities in real estate developments in the three Baltics capitals (Tallinn, Riga and Vilnius) and the hotel…

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Merko: 2023 12 months and IV quarter consolidated unaudited interim report

08.02.2024

COMMENTARY FROM MANAGEMENT Merko Ehitus revenue was EUR 126 million in Q4 2023, and the revenue for 12 months amounted to EUR 466 million, while the respective figures for net profit were EUR 13.9 million and 12 months was EUR…

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Nordecon: 2023 IV quarter and 12 months consolidated interim report (unaudited)

08.02.2024
Nordecon

Economic environment The construction market has experienced rapid evolution in recent years, with notable trends emerging in 2023 following developments that began in 2022. These shifts have profoundly impacted companies within the construction sector. Persistently high inflation and interest rates…

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EfTEN: EfTEN Real Estate Fund AS unaudited results for 4th quarter and 12 months 2023

01.02.2024
EfTEN Real Estate Fund

The main keyword for 2023 was the fastest interest rate increase in the 25-year history of the Eurozone. The consolidated interest expense of EfTEN Real Estate Fund AS increased almost twice compared to a year ago in relation to EBITDA,…

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Swedbank: Affordability on the road to recovery

14.12.2023
Swedbank

Affordability continued to decline, but the bottom has been reached. Apartments still unaffordable in Tallinn and Vilnius. Interest rate burden remains heavy, but there are first signs of rates inching down. Housing affordability continued to decline in the third quarter…

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Swedbank: Low growth and few policy options

15.11.2023
Swedbank

Inflation is heading down and getting closer to levels in line with inflation targets. Central banks’ policy rates are at peak levels, and the higher-for-longer mantra will soon be replaced with monetary easing. Nevertheless, monetary policy will remain restrictive in…

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Baltic Horizon: Baltic Horizon Fund consolidated unaudited results for Q1-Q3 2023

08.11.2023
Baltic Horizon Fund

Management Board of Northern Horizon Capital AS has approved the unaudited consolidated interim financial statements of Baltic Horizon Fund (the Fund) for the first nine months of 2023. Leasing activity Throughout Q1-Q3 2023, the Fund secured lease extensions with anchor…

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Nordecon: Information on the sale of subsidiary

08.11.2023
Nordecon

At the 7 November 2023 meeting of the supervisory board of Nordecon AS (hereinafter the “Company”), it was decided that the Company’s 52% majority holding in OÜ Nordecon Betoon (hereinafter also the “Private Limited Company”) will be sold in full…

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Pro Kapital: Pro Kapital Council approved Consolidated Interim Report for III Quarter and 9 Months of 2023 (Unaudited)

08.11.2023
Pro Kapital

MANAGEMENT REPORT CEO summary Q3 2023 marks as a continuation of the newly started developments of AS Pro Kapital Grupp. Real estate development In Tallinn, the decision taken earlier in the year on starting the construction and sales of Kalaranna…

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