SRV financial results improved significantly in 2013

14 February 2014 SRV Group published its 2013 financial statement. SRV results clearly moved in the right direction last year mostly due to the take-off of our Russian projects, the improved profitability of our operations in Finland and Russia and correct strategic choices. In 2013 SRV’s order backlog remained robust and profitability improved significantly.

Reporting period 1 January – 31 December 2013 in brief:

  • SRV’s revenue was EUR 679.4 million (EUR 641.6 million 1-12/2012), change +5.9%
  • Operating profit was EUR 26.4 million (EUR 6.9 million 1-12/2012), change +283.3%
  • Profit before taxes was EUR 22.8 million (EUR 2.8 million 1-12/2012), change +718.2%
  • The order backlog at the close of the review period was EUR 825.8 million (EUR 827.8 million 1-12/2012), change -0.2%
  • Equity ratio was 36.4 per cent (34.7% 1-12/2012)
  • Earnings per share were EUR 0.39 (EUR 0.02 1-12/2012)

Read further in the SRV Group’s financial statement of 1 January – 31 December 2013.