SRV Group: Write-downs burdened earnings - Evli

SRV's net sales in Q1 amounted to EUR 190.7m, quite in line with our consensus estimates (EUR 186.7m/179.0m Evli/cons.). Operative operating profit amounted to EUR 4.9m, above our estimates (EUR 3.2m Evli). EBIT was significantly burdened by write-downs relating to SRV’s holdings in Russia and amounted to EUR -85.7m.

Länk till analysen i sin helhet: https://www.evli.com/hubfs/ERP/Raportit/SRV/SRV%20220428%20Q1%20Earnings%20flash.pdf