Audited annual report 2013 and profit allocation proposal

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| Source: Merko Ehitus
multilang-release

Tallinn, Estonia, 2014-04-07 23:01 CEST (GLOBE NEWSWIRE) --  

On 7 April 2014 the Supervisory Board of AS Merko Ehitus approved the annual report 2013 and profit allocation proposal prepared by the Management Board of AS Merko Ehitus. The Supervisory Board decided to present the annual report and profit allocation proposal as prepared by the Management Board for the approval of the general meeting of shareholders.

The financial results for 2013 remain unchanged compared to the preliminary disclosure on 13th February 2014. AS Merko Ehitus consolidated audited revenue was EUR 262.7 million and net profit EUR 10.4 million for the year 2013.

The Management Board has made a proposal for the general meeting of the shareholders to pay dividends to shareholders in the total amount of EUR 7.3 million, which makes EUR 0.41 per share. Retained earnings amount to EUR 102.1 million after the profit allocation.

AS Merko Ehitus audited annual report for 2013 is made available on NASDAQ OMX Tallinn and AS Merko Ehitus web page (http://www.merko.ee/eng/investor/).


Andres Trink
Chairman of Management Board of AS Merko Ehitus
+372 650 1250

andres.trink@merko.ee