Tallinn - Delayed Quote EUR

AS Merko Ehitus (MRK1T.TL)

22.90

+0.30

+(1.33%)

At close: January 10 at 3:54:21 PM GMT+2

Investor calendar 2025

In 2025 AS Merko Ehitus will publish its consolidated financial results according to the schedule below: Date Event 7 February 2025 2024 12 months and 4th quarter unaudited interim report 10 April 2025 Audited Annual Report 2024 16 May 2025 2025 3 months unaudited interim report 7 August 2025 2025 6 months and 2nd quarter unaudited interim report 6 November 2025 2025 9 months and 3rd quarter unaudited interim report The annual general meeting of shareholders for approval of 2024 annual report wi

GlobeNewswire 25 days ago

MRK1T.TL
+1.33%
Construction contract in Lithuania (wind farm foundations, electrical cables and roads)

On 3 December 2024 UAB Merko Statyba, part of AS Merko Ehitus group, and UAB PSVL SUN and UAB PSVL WIND entered into the contract to perform the construction of foundations for 3 wind turbines and related infrastructure (electrical cables and roads) in a windfarm located in the Pasvalys district, Lithuania. The contract value is about EUR 4,5 million euros, plus value added tax. The project is scheduled to be completed in the second half of 2025. UAB Merko Statyba (merko.lt) is a recognised Lith

GlobeNewswire last month

MRK1T.TL
+1.33%
Merko Ehitus Eesti signs National Defence House construction contract in Estonia

The facility will include workplaces and meeting rooms, among other features.

World Construction Network 2 months ago

MRK1T.TL
+1.33%
2024 9 months and III quarter consolidated unaudited interim report

COMMENTARY FROM MANAGEMENT Merko Ehitus revenue for the 9 months of 2024 was EUR 379 million and net profit was EUR 44.8 million. Third-quarter revenue was EUR 175 million; net profit EUR 27.3 million. Sales of construction services made up about 90% of the 9-month revenue. According to the management of Merko Ehitus, the construction of some projects was accelerated at the request of the clients, which increased current construction volumes, helped reduce costs and increase efficiency. As a res

GlobeNewswire 2 months ago

MRK1T.TL
+1.33%
Construction contract in Estonia (Tartu National Defence House)

On 6 November 2024, AS Merko Ehitus Eesti, part of AS Merko Ehitus group, and the Estonian Centre for Defence Investment signed a design-and-build construction contract for the construction of a National Defence House in the defence forces Raadi campus in Tartu. The estimated net area of the building is 5,200 square metres and it will house the Ministry of Defence’s governance area divisions and institutions. In addition to workplaces and meeting rooms, the building will provide dormitory-type a

GlobeNewswire 2 months ago

MRK1T.TL
+1.33%
Start of the construction of the first stage of Arena Garden Towers residential project (Riga, Latvia)

Apartment block view Apartment block view visualisation Courtyard view Courtyard view visualisation SIA Merks Mājas, part of AS Merko Ehitus group, has launched the first stage of Arena Garden Towers residential project in Skanste district in Riga. One 13-storey building with 84 apartments at Arēna St. 1 will be completed in the summer of 2026. Arena Garden Towers (skanste.merksmajas.lv) residential building will have energy class A rating. The size of the standard apartments ranges between 53 a

GlobeNewswire 2 months ago

MRK1T.TL
+1.33%
Adjustments to the structure of the group

On September 25, Merko Ehitus group's 100% subsidiaries OÜ Merko Ehitus Ventures and AS Merko Ehitus Eesti signed an agreement, according to which 50% of the share in AS Connecto Eesti, so far owned by Merko Ehitus Eesti, will be transferred to OÜ Merko Ehitus Ventures through the division. The balance sheet date of the division shall be 1 January 2025. Merko Ehitus group is harmonizing with the change in Estonia the structure of its subsidiaries, the structure based on business segments is used

GlobeNewswire 3 months ago

MRK1T.TL
+1.33%
Construction contract in Estonia (office building in Tallinn)

On 5 September 2024, AS Merko Ehitus Eesti, part of AS Merko Ehitus group, and Estconde Invest OÜ entered into a design-and-build contract of an office building located at Tartu mnt 1, Tallinn. The contract includes construction of a 27-storey class A office building with two underground floors, necessary infrastructure and surrounding territory. The building will be completed according to the international BREEAM standard at the level Excellent. The contract value is approximately EUR 64.3 mill

GlobeNewswire 4 months ago

MRK1T.TL
+1.33%
Construction contract in Latvia (student hotel in Riga)

Duck Slokas visualisation On August 27, 2024, SIA Merko Būve, part of AS Merko Ehitus group, and SIA Duck Slokas entered into a design-and-build construction contract of student hotel “Duck Republik” located in Rīga, Slokas iela 51. The contract includes design and construction of 3-storey building with additional underground floor, its territory and infrastructure. The hotel with gross area of 7,680 m² will have fully furnished 210 rooms for 249 students, common rooms with recreation area and g

GlobeNewswire 4 months ago

MRK1T.TL
+1.33%
Construction contract in Estonia (the fourth stage of Rail Baltica Harjumaa main line section)

On 26 August 2024, AS Merko Ehitus Eesti, part of AS Merko Ehitus group, and GRK Eesti AS signed a design and construction contract with OÜ Rail Baltic Estonia for the construction of the fourth stage of Rail Baltica Harjumaa main line railway infrastructure on Saku-Harjumaa border section. The contract includes the construction of approximately 10.5 kilometres of railway embankment, together with accompanying facilities, noise barriers, maintenance and access roads. In carrying out the works, A

GlobeNewswire 4 months ago

MRK1T.TL
+1.33%
2024 6 months and II quarter consolidated unaudited interim report

COMMENTARY FROM MANAGEMENT Merko Ehitus revenue for the 6 months of 2024 was EUR 204 million and net profit was EUR 17.5 million. Second-quarter revenue was EUR 122 million; net profit, EUR 13.1 million. The lower volumes from real estate development have been compensated by higher sales of construction services, which made up nearly 90% of revenue in the first half-year. Considering general sentiment on the construction and real estate market, Merko Ehitus management were satisfied with second

GlobeNewswire 5 months ago

MRK1T.TL
+1.33%
Additional works in the construction contract in Estonia (recreation complex in Valgamaa)

On 25 June 2024, AS Merko Ehitus Eesti, part of AS Merko Ehitus group, signed an addendum for the additional works under the construction contract with Jalaka Kinnisvara OÜ, with which the value of the previously concluded construction contract exceeded 3 million euros, i.e. the limit of the contract that shall be publicly notified. AS Merko Ehitus Eesti will build under the agreement a recreation complex in Lauküla, Valga county. The value of the contract is 3.5 million euros, plus value added

GlobeNewswire 6 months ago

MRK1T.TL
+1.33%
Additional works in the construction contract in Estonia (tram line connecting Old Harbour and Rail Baltic's Ülemiste passenger terminal in Tallinn)

On 14 June 2024, AS Merko Ehitus Eesti, part of AS Merko Ehitus group, and KMG Infra OÜ signed an addendum to the design and construction contract with Tallinn Urban Environment and Public Works Department for the additional works of the construction of a tram line connecting the Tallinn Old Harbour with Rail Baltic’s Ülemiste passenger terminal. As a result of additional works and adjustment with the construction price index, the current value of the contract is approximately EUR 43 million, pl

GlobeNewswire 6 months ago

MRK1T.TL
+1.33%
Appointment of a Member of the Management Board of SIA Merks Mājas

The sole shareholder of SIA Merks Mājas, part of AS Merko Ehitus group, decided to appoint Mr. Roberts Rēboks as a Member of the Management Board of the company, starting from 6 June 2024. Mr. Roberts Rēboks replaces in the Management Board of SIA Merks Mājas Mr. Mikus Freimanis, whose resignation we notified in 08 May 2024 stock exchange announcement. Thereafter the Management Board of SIA Merks Mājas will continue with two members: Mrs. Egija Smila and Mr. Roberts Rēboks. Egija Smila, the Coun

GlobeNewswire 7 months ago

MRK1T.TL
+1.33%
Dividend payment ex-date of AS Merko Ehitus is 7 June 2024

AS Merko Ehitus (trading code MRK1T, ISIN code EE3100098328) will fix the list of shareholders for dividend payment as of the close of the business of the settlement system on 10 June 2024. Proceeding from the above, the ex-date is 7 June 2024. From that date onwards, the person acquiring the shares is not entitled to receive dividends for the financial year 2023. AS Merko Ehitus will pay dividend 1.30 euro per share on 21 June 2024. Urmas SomelarHead of FinanceAS Merko Ehitus+372 650 1250urmas.

GlobeNewswire 7 months ago

MRK1T.TL
+1.33%
Construction contract in Lithuania (wind farm balance of plant in Telšiai)

On 23 May 2024 entered into force a contract signed between UAB Merko Statyba, part of AS Merko Ehitus group, and UAB Telšių vėjo parkas, for performing the construction works of the wind farm balance of plant in Telšiai district in Lithuania. The contract value is above EUR 55 million euros, plus value added tax. The project is scheduled to be completed in the first half of 2026. UAB Merko Statyba (merko.lt) is Lithuanian construction company, which offers construction services in the fields of

GlobeNewswire 7 months ago

MRK1T.TL
+1.33%
2024 3 months consolidated unaudited interim report

COMMENTARY FROM MANAGEMENT Merko Ehitus revenue was EUR 81.2 million in Q1 2024, representing 7.2% growth compared to the same period a year ago. Net profit for the quarter was EUR 4.4 million. Merko delivered 59 apartments and 7 commercial units to buyers in 3 months this year. According to the management of Merko Ehitus, the apartment market behaved as expected in the first quarter and Merko group figures for first sales reflected that and there is no basis for expecting results comparable to

GlobeNewswire 8 months ago

MRK1T.TL
+1.33%
Resolutions of the annual general meeting

The annual general meeting of shareholders of AS Merko Ehitus, held on 8 May 2024, adopted the resolutions on the announced agenda items as set out below: 1. Approval of the annual report of the year 2023It was decided to approve the annual report of AS Merko Ehitus for the financial year 2023. 2. Decision on distribution of profitsIt was decided to:(i) approve the net profit for the financial year 2023 as 46,048,325 euros;(ii) pay a total of 23,010,000 euros as dividends from net profit of prev

GlobeNewswire 8 months ago

MRK1T.TL
+1.33%
Changes in the management of group subsidiaries in Latvia

Mr. Mikus Freimanis, Member of the Management Board of SIA Merks Mājas, Latvian real estate development company belonging to the AS Merko Ehitus group, has announced about his decision to leave the company. Mr. Mikus Freimanis' term as a Member of the Board of SIA Merks Mājas will end on 22 July 2024. Mr. Mikus Freimanis has worked in different positions in Merko Ehitus group since 2019 and the group is grateful for his contribution to the business development of SIA Merks Mājas. Egija Smila, co

GlobeNewswire 8 months ago

MRK1T.TL
+1.33%
Changes in the management of groups’ Latvian subsidiaries

The board of AS Merko Ehitus decided to appoint Egija Smila as the country head for the group's Latvian subsidiaries for a period of three years, with the term of authority beginning on 1 May 2024. The term of office of Andris Bišmeistars, the previous country head of the group's Latvian subsidiaries, ended on 31 March 2024 due to his resigning from the group. Ivo VolkovChairman of the Management BoardAS Merko EhitusPhone: +372 650 1250E-mail: ivo.volkov@merko.ee AS Merko Ehitus (group.merko.ee)

GlobeNewswire 8 months ago

MRK1T.TL
+1.33%

Performance Overview

Return	MRK1T.TL	MSCI WORLD
YTD	+9.83%	-1.09%
1-Year	+60.23%	+16.88%
3-Year	+76.83%	0.00%

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AS Merko Ehitus (MRK1T.TL)

Investor calendar 2025

Construction contract in Lithuania (wind farm foundations, electrical cables and roads)

Merko Ehitus Eesti signs National Defence House construction contract in Estonia

2024 9 months and III quarter consolidated unaudited interim report

Construction contract in Estonia (Tartu National Defence House)

Start of the construction of the first stage of Arena Garden Towers residential project (Riga, Latvia)

Adjustments to the structure of the group

Construction contract in Estonia (office building in Tallinn)

Construction contract in Latvia (student hotel in Riga)

Construction contract in Estonia (the fourth stage of Rail Baltica Harjumaa main line section)

2024 6 months and II quarter consolidated unaudited interim report

Additional works in the construction contract in Estonia (recreation complex in Valgamaa)

Additional works in the construction contract in Estonia (tram line connecting Old Harbour and Rail Baltic's Ülemiste passenger terminal in Tallinn)

Appointment of a Member of the Management Board of SIA Merks Mājas

Dividend payment ex-date of AS Merko Ehitus is 7 June 2024

Construction contract in Lithuania (wind farm balance of plant in Telšiai)

2024 3 months consolidated unaudited interim report

Resolutions of the annual general meeting

Changes in the management of group subsidiaries in Latvia

Changes in the management of groups’ Latvian subsidiaries

Performance Overview