Profit warning: SRV Group Plc lowers its operative operating profit guidance for 2019
SRV GROUP PLC INSIDE INFORMATION 10 OCTOBER 2019 15.35 EET Profit warning: SRV Group Plc lowers its operative operating profit guidance for 2019 SRV Group Plc specifies its outlook and changes its guidance for 2019. The company estimates that its operating profit for 2019 will be at loss due to impairments concerning investments in Russia, and decreasing margins in certain projects, such as higher than anticipated additional costs resulting from the delay in REDI Majakka residential tower. The new guidance is: · More developer-contracted housing units will be