Brief: SRV Keeps Outlook Unchanged

SRV Yhtiot Oyj

26/10/2023 06:52

Oct 26 (Reuters) - SRV Yhtiot Oyj  SRV1V.HE :
    * SRV INTERIM REPORT JANUARY-SEPTEMBER 2023: Q3 OPERATIVE
OPERATING PROFIT POSITIVE, ORDER BACKLOG REMAINS STRONG -
OUTLOOK UNCHANGED
    * OUTLOOK (UNCHANGED)
    * DUE TO POOR DEMAND FOR HOUSING CONSTRUCTION, REVENUE FELL
SHORT
OF COMPARISON PERIOD
    * DIVESTMENT OF OUR RUSSIAN HOLDINGS PROCEEDED DURING REVIEW
PERIOD, AND IN AUGUST WE SOLD SHARE CAPITAL OF OUR SUBSIDIARY
SRV RUSSIA OY
    * OUR ONLY REMAINING ASSET IN RUSSIA IS A 50 PER CENT
HOLDING IN
PEARL PLAZA SHOPPING CENTRE IN ST PETERSBURG
    * WILL ACTIVELY CONTINUE NEGOTIATIONS AIMED AT SELLING LAST
OF OUR
RUSSIAN HOLDINGS
    * SEE OUR FAVOURABLE DEVELOPMENT CONTINUING FOR REST OF
YEAR,
ALTHOUGH WE DO NOT EXPECT ANY PARTICULAR TRACTION FROM MARKET

Source text for Eikon:  ID:nWkr35hLRr 
Further company coverage:  SRV1V.HE 

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