Finland's SRV 2025 revenue down 5.4%, misses expectations

SRV Yhtiot Oyj

11/02/2026 06:37

Overview

Finnish construction developer's 2025 revenue slightly missed expectations, declining 5.4% yr/yr

Operative operating profit for 2025 decreased compared to the previous year

Company completed sale of SRV Infra Oy and issued new green hybrid bond

Outlook

SRV expects 2026 revenue between EUR 650–750 mln

Company anticipates positive operative operating profit in 2026

Revenue and profit to be weighted towards second half of 2026

Result Drivers

NON-RESIDENTIAL AND INFRASTRUCTURE CONSTRUCTION - Revenue increased due to higher volumes in non-residential and infrastructure construction

DIVESTMENT IMPACT - Sale of SRV Infra Oy resulted in EUR 21.7 million gain on sales, boosting operating profit

GREEN HYBRID BOND - Issuance of EUR 22.5 million green hybrid bond to finance strategic growth projects

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
Slight Miss*
EUR 705.60 mln
EUR 707.50 mln (2 Analysts)
FY EPS
EUR 0.80
FY Operative EBIT
EUR 6.80 mln
FY Pretax Profit
EUR 19.40 mln


*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage

The current average analyst rating on the shares is "sell" and the breakdown of recommendations is no "strong buy" or "buy", no "hold" and 2 "sell" or "strong sell"

The average consensus recommendation for the construction & engineering peer group is "buy."

Wall Street's median 12-month price target for SRV Yhtiot Oyj is €4.90, about 3.5% below its February 10 closing price of €5.08

The stock recently traded at 73 times the next 12-month earnings vs. a P/E of 11 three months ago

Press Release: ID:nWkr8Vcrfs

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)