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2020 12 months and IV quarter consolidated unaudited interim report


2020 12 months and IV quarter consolidated unaudited interim report
Nachrichtenquelle: globenewswire
 |  11.02.2021, 07:00  | 
129 
COMMENTARY FROM MANAGEMENT
Merko Ehitus posted revenue of approximately EUR 106 million for the fourth quarter of 2020, while total revenue for the whole year was EUR 316 million. The group’s fourth quarter 2020 net profit
was EUR 10 million and its annual net profit grew over 40%, amounting to EUR 23 million. In coordination with the supervisory board, the group s management board proposes to pay shareholders one
euro per share in dividends.
The management is satisfied with the results of 2020 and thanks all the group’s employees for their good work, especially considering the restrictions due to the pandemic. The group earned more ....

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