SRV’s financial statement release January–December 2020: Positive trend in profitability and strong cash flow, result burdened by revaluation
SRV GROUP PLC FINANCIAL STATEMENT RELEASE 4 FEBRUARY 2021 8:30 EET SRV’s financial statement release January–December 2020: Positive trend in profitability and strong cash flow, result burdened by revaluations January-December 2020 in brief: · Revenue declined by 8.1 per cent to EUR 975.5 million (1,060.9 1−12/2019). Revenue declined mainly because fewer developer-contracted housing units were recognised as income than in the comparison period, a total of 515 (833). · Operative operating profit amounted to EUR 5.8 (-96.8) million. Operative operating profit was