SRV’s financial statement release January–December 2018: The order backlog rose to EUR 1.8 billion, cash flow positive despite the loss-making result
SRV GROUP PLC FINANCIAL STATEMENT RELEASE 6 FEBRUARY 2019 8:30 EET SRV’s financial statement release January–December 2018: The order backlog rose to EUR 1.8 billion, cash flow positive despite the loss-making result January-December 2018 in brief: · Revenue declined by 14 per cent to EUR 959.7 (1,116.1 1−12/2017) million. Revenue was down in all operations, particularly the housing business. · Operative operating profit amounted to EUR -10.0 (27.0) million. Operative operating profit was weakened by longer delivery periods and a rise in material and labour