Audited annual report 2015 and profit allocation proposal


Tallinn, Estonia, 2016-04-05 15:30 CEST (GLOBE NEWSWIRE) --  

 

On 5 April 2016 the Supervisory Board of AS Merko Ehitus approved the annual report 2015 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 2015 remain unchanged compared to the preliminary disclosure on 11th February 2016. AS Merko Ehitus consolidated audited revenue was EUR 251.0 million and net profit EUR 10.0 million for the year 2015.

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 9.0 million, which makes EUR 0.51 per share. Retained earnings amount to EUR 108.2 million after the profit allocation.

AS Merko Ehitus audited annual report for 2015 is made available on NASDAQ Tallinn and AS Merko Ehitus web page (group.merko.ee).

 

Andres Trink
Chairman of Management Board
AS Merko Ehitus
+372 650
 1250
andres.trink@merko.ee

 

AS Merko Ehitus (group.merko.ee) consists of Estonia’s leading construction company AS Merko Ehitus Eesti, the Latvian-market-oriented SIA Merks, UAB Merko Statyba that is operating on the Lithuanian market and the real estate development business unit along with real estate holding companies. As at the end of 2015, the group employed 791 people and the company’s 2015 revenue was EUR 251 million.


Attachments

2015 Merko Ehitus annual report.pdf