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BRIEF-SRV Yhtiöt Q1 operating profit EUR 7.3 mln, beats estimates
April 27, 2017 / 5:43 AM / 3 months ago

BRIEF-SRV Yhtiöt Q1 operating profit EUR 7.3 mln, beats estimates

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April 27 (Reuters) - SRV YHTIOT OYJ

* Q1 REVENUE EUR 223.7 MILLION (REUTERS POLL: EUR 187 MILLION)

* Q1 OPERATING PROFIT EUR 7.3 MILLION (REUTERS POLL: EUR 3.7 MILLION)

* FULL-YEAR CONSOLIDATED REVENUE FOR 2017 IS EXPECTED TO INCREASE AND OPERATING PROFIT TO IMPROVE ON 2016 (REVENUE EUR 884 MILLION AND OPERATING PROFIT EUR 27.7 MILLION)

* ALTHOUGH DEVELOPER-CONTRACTED HOUSING WILL BE COMPLETED ON A STEADIER SCHEDULE THAN IN 2016, A SIGNIFICANT PART OF OPERATING PROFIT WILL STILL BE MADE IN SECOND HALF OF YEAR Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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