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Caverion Oyj (CAV1V.HE)

CAV1V.HE on Helsinki Stock Exchange

4.96EUR
15 Feb 2019
Change (% chg)

€-0.08 (-1.51%)
Prev Close
€5.04
Open
€5.07
Day's High
€5.09
Day's Low
€4.96
Volume
162,835
Avg. Vol
124,513
52-wk High
€7.54
52-wk Low
€4.74

Latest Key Developments (Source: Significant Developments)

Caverion Q4 EBITDA Ex-Items Up At EUR 11.0 Million
Tuesday, 5 Feb 2019 

Feb 5 (Reuters) - Caverion Oyj ::Q4 REVENUE EUR 587.6 MILLION VERSUS EUR 592.3 MILLION YEAR AGO.Q4 EBITDA EX ITEMS EUR 11.0 MILLION VERSUS LOSS EUR 5.2 MILLION YEAR AGO.IN Q4, BOOKED A WRITE-DOWN IN RECEIVABLES TOTALLING EUR 4.4 MILLION.ESTIMATES THAT GROUP'S SERVICES BUSINESS REVENUE AND ITS RELATIVE SHARE OF GROUP'S TOTAL REVENUE WILL INCREASE IN 2019.SEES PROJECTS BUSINESS REVENUE WILL DECREASE IN 2019.PROPOSES TO ANNUAL GENERAL MEETING TO BE HELD ON MARCH 25, 2019 THAT A DIVIDEND OF EUR 0.05 PER SHARE BE PAID.GROUP'S ADJUSTED EBITDA FOR 2019 WILL BE OVER EUR 120 MILLION.PROJECTS BUSINESS PROFITABILITY FOR FULL YEAR REMAINED NEGATIVE DUE TO NON-PERFORMING OLD PROJECT.UNDERLYING DEMAND FOR SERVICES IS EXPECTED TO REMAIN STRONG.PROJECTS MARKET IN NON-RESIDENTIAL CONSTRUCTION MARKET SEGMENT IS EXPECTED TO REMAIN STABLE.  Full Article

Caverion Targets Adjusted EBITDA Over 8% Of Revenue Until End Of 2020
Tuesday, 5 Feb 2019 

Feb 5 (Reuters) - Caverion Oyj ::CAVERION CONVERTS ITS FINANCIAL TARGETS DUE TO IFRS 16 IMPLEMENTATION.UPDATED TARGETS UNTIL END OF 2020: PROFITABILITY: ADJUSTED EBITDA OVER 8% OF REVENUE.  Full Article

Caverion Sells Its Subsidiary In Czech Republic
Friday, 21 Dec 2018 

Dec 21 (Reuters) - Caverion Oyj ::CAVERION SELLS ITS SUBSIDIARY IN CZECH REPUBLIC.CAVERION SELLS ITS SUBSIDIARY IN CZECH REPUBLIC.DIVESTMENT IS EXPECTED TO BE COMPLETED IN JANUARY 2019.REVENUE OF COMPANY TO BE SOLD, CAVERION ČESKÁ REPUBLIKA S.R.O., WAS APPROXIMATELY EUR 2.4 MILLION IN 2017.BUYER IS KART, SPOL. S R.O., PART OF CONGLOMERATE CEZ GROUP.  Full Article

Caverion Signs Large Service Agreement With Technopolis
Wednesday, 12 Dec 2018 

Dec 12 (Reuters) - Caverion Oyj ::CAVERION SIGNS LARGE SERVICE AGREEMENT WITH TECHNOPOLIS - WILL ASSUME RESPONSIBILITY FOR FIVE CAMPUSES IN THREE COUNTRIES.TECHNOPOLIS HAS SELECTED CAVERION AS ITS PARTNER.VALUE OF CONTRACT IS NOT DISCLOSED..SERVICE AGREEMENT STARTS AT BEGINNING OF 2019.  Full Article

Caverion Wins New Managed Life Cycle Agreement In Denmark
Tuesday, 4 Dec 2018 

Dec 4 (Reuters) - Caverion Oyj ::CAVERION WINS A NEW MANAGED LIFE CYCLE AGREEMENT IN DENMARK.CONTRACT IS WORTH OVER EUR 14 MILLION.CONTRACT IS INCLUDED IN CAVERION'S Q4/2018 ORDER BACKLOG.  Full Article

Caverion Implements Electrification For University Hospital In Finland
Tuesday, 27 Nov 2018 

Nov 27 (Reuters) - Caverion Oyj ::CAVERION IMPLEMENTS ELECTRIFICATION FOR THE NEW T3 UNIVERSITY HOSPITAL IN TURKU, FINLAND.AGREEMENT HAS BEEN SIGNED WITH HOSPITAL DISTRICT OF SOUTHWEST FINLAND..VALUE OF CONTRACT IS EUR 15.6 MILLION.HOSPITAL IS EXPECTED TO BE COMPLETED IN LATE SUMMER 2021..  Full Article

Caverion Oyj Has Signed An Agreement To Sell Project Piping And Tank Business
Friday, 23 Nov 2018 

Caverion Oyj ::CAVERION TO SELL THE PROJECT PIPING AND TANK BUSINESS AND THE RELATED YLIVIESKA WORKSHOP OF THE INDUSTRIAL SOLUTIONS DIVISION TO A SWEDISH PRIVATE EQUITY INVESTOR.HAS SIGNED AN AGREEMENT TO SELL PROJECT PIPING AND TANK BUSINESS.DIVESTMENT IS EXPECTED TO BE COMPLETED BY END OF DECEMBER 2018.BUYER IS A SWEDISH PRIVATE EQUITY INVESTOR..TRANSACTION VALUE IS NOT DISCLOSED..REVENUE OF BUSINESS TO BE SOLD IS APPROXIMATELY EUR 45 MILLION THIS YEAR.WILL REPORT A MINOR CAPITAL LOSS FROM DIVESTMENT IN ITS FINANCIAL STATEMENT RELEASE TO BE PUBLISHED ON 5 FEBRUARY 2019.  Full Article

Caverion Q3 Adjusted EBITDA Falls Slightly To EUR 18.5 Mln
Thursday, 25 Oct 2018 

Oct 25 (Reuters) - Caverion Oyj ::JU;Y-SEPT REVENUE: EUR 524.9 (545.6) MILLION..JULY-SEPT ADJUSTED EBITDA: EUR 18.5 (18.8) MILLION.CAVERION'S GUIDANCE FOR 2018 IS UNCHANGED.  Full Article

Caverion Delivers Technology For New T3 University Hospital In Turku
Monday, 24 Sep 2018 

Sept 24 (Reuters) - Caverion Oyj ::CAVERION IMPLEMENTS BUILDING TECHNOLOGY FOR THE NEW T3 UNIVERSITY HOSPITAL IN TURKU, FINLAND.VALUE OF CONTRACT IS EUR 14.7 MILLION..  Full Article

Caverion Wins Building Systems Project In Norway
Tuesday, 4 Sep 2018 

Sept 4 (Reuters) - Caverion Oyj ::CAVERION WINS A BUILDING SYSTEMS PROJECT IN NORWAY FOR TWO ENVIRONMENTALLY FRIENDLY OFFICE BUILDINGS.VALUE OF CONTRACT IS NOT DISCLOSED..CAVERION'S WORK WILL START IN MAY 2019 AND WILL BE COMPLETED BY AUTUMN 2021..HAS WON A CONTRACT WITH GENERAL CONTRACTOR VEIDEKKE.  Full Article