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SRV Group operates in the construction industry. The greatest specialist expertise is found in project management of construction projects for the commercial sector. The projects are mainly focused on the development of business premises, residential buildings, and other infrastructure projects. The largest operations are found around major growth locations in Europe. The company was founded in 1987 and has its headquarters in Espoo.
We estimate that data center construction is partly filling the gap left in the construction market by the decline in residential construction in recent years.
SRV’s Q1 was softer than anticipated, with the solid order intake the clear highlight of the quarter. Potential for continuing on the now accelerating growth track is there, but uncertainty remains elevated.
Vi forventer, at selskabets omsætning og operationelle EBIT vil opleve en klar vækst i indeværende år, især understøttet af DayOne-datacenterprojektet, som vil generere betydelige indtægter i år og næste år.
SRV’s Q1 figures were below expectations, with the low order backlog affecting both revenue and profitability more than expected. Order backlog development in Q1 was clearly positive, now on par with comparison period levels, aided by strong order intake...