When is the earnings report for SRV due? This question is always on the mind of investors. This is because earnings reports are one of the most widely-watched financial events of the year. The company recently reported mixed fourth-quarter earnings. Revenue decreased compared to the previous year, and the company expects operating profit to improve by 2020. During the quarter, the company issued a new hybrid bond worth EUR 58.4 million, which it will use to repay its previous hybrid bond. The company also issued new notes for a total of EUR 142.9 million, which is lower than the EUR 438.0 million it received last year.
Revenue from construction projects will impact SRV’s revenue. The company’s revenue will be affected by a number of factors, including the timing and amount of income recognized upon delivery of own projects, the margin on order backlog, and the start of new contracts and development projects. It could also be affected by the Covid-19 pandemic or the Russian-Ukrainian conflict. Investors should carefully analyze SRV’s performance before purchasing shares.
SRV is a Finnish construction company. The company develops shopping centers, office buildings, and other multi-function premises. In addition to Finland, the company has operations in Russia and Estonia. The company was founded by Ilpo Kokkila in 1987 and is headquartered in Espoo, Finland. Its shares have recently increased by around 15%, making it an excellent stock to buy in. The company is listed on the NASDAQ under the symbol “SRV”.