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    MRK1T   EE3100098328

AS MERKO EHITUS

(MRK1T)
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AS Merko Ehitus : Construction contract in Norway (Tesla service centre in Oslo)

08/27/2021 | 01:01am EDT

On 26 August 2021, Peritus Entreprenør AS, part of AS Merko Ehitus group, and Tesla Norway AS entered into a contract for the design and construction of second stage of a Tesla service centre situated at Karihaugveien 100 in Oslo.

The contract includes renovation and reconstruction of a former logistics building into a service centre for Tesla electric cars. The works include construction of the façade, internal layout changes and installation of technical equipment.

The contract value is approximately EUR 4.1 million, plus value added tax. The works will be performed from September 2021 until February 2022.

Peritus Entreprenør AS (peritus-entreprenor.no) is Norwegian construction company, which offers construction services in general construction. The company is part of AS Merko Ehitus group since 2016.

Additional information: Peritus Entreprenør AS, CEO Arne Austad, tel. +47 4738 8380.

Urmas Somelar
Head of Group Finance Unit
AS Merko Ehitus
+372 650 1250

urmas.somelar@merko.ee

AS Merko Ehitus (group.merko.ee) group consists of AS Merko Ehitus Eesti in Estonia, SIA Merks in Latvia, UAB Merko Statyba in Lithuania and Peritus Entreprenør AS in Norway. Besides providing construction services as a main contractor, the group’s other major area of activity is apartment development. As at the end of 2020, the group employed 666 people, and the group’s revenue for 2020 was EUR 316 million.


© OMX, source GlobeNewswire - EU Press Releases

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Financials
Sales 2020 316 M 367 M 367 M
Net income 2020 23,0 M 26,7 M 26,7 M
Net cash 2020 18,4 M 21,4 M 21,4 M
P/E ratio 2020 114x
Yield 2020 0,68%
Capitalization 269 M 312 M 312 M
EV / Sales 2019 0,63x
EV / Sales 2020 0,47x
Nbr of Employees 718
Free-Float 23,3%
Chart AS MERKO EHITUS
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AS Merko Ehitus Technical Analysis Chart | MRK1T | EE3100098328 | MarketScreener
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 0
Last Close Price 237,52 EEK
Average target price 120,84 EEK
Spread / Average Target -49,1%
Managers and Directors
Andres Trink Chairman-Management Board
Urmas Somelar Head-Group Finance Unit
Toomas Annus Chairman-Supervisory Board
Indrek Neivelt Independent Member-Supervisory Board
Teet Roopalu Member-Supervisory Board
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