Day: May 16, 2025

COMMENTARY FROM MANAGEMENT Merko Ehitus posted revenue of EUR 85.2 million and net profit of EUR 10.5 million in Q1 2025. Real estate development accounted for 30% of the group’s Q1 revenue, having more than doubled in this category compared to the same period a year ago. According to the management of Merko Ehitus, the results of the first quarter are characterised primarily by increased activity on the real estate market in Lithuania and increase in sales from real estate development, as well as by the continuing realisation of the strong construction services portfolio and the completion of some projects ahead of schedule. The real estate market has clearly improved in Lithuania compared to last year. Although the sale of new apartments is not up significantly in Estonia, Merko has increased its market share there as well. Whereas...

CONTINUED ORGANIC GROWTH IN OPERATING PROFIT The work to organically improve operating profit and capital efficiency within the Group resulted in yet another quarter of positive development, despite a prolonged recession and turbulence in the financial markets. The EBITA margin improved to 6.8 % (6.0 %) due to an increased EBITA of 13.6 (12.0) MSEK, while net sales of 200.1 MSEK were in line with the previous year (200.8 MSEK). JANUARY 1 – MARCH 31, 2025Net sales 200.1 (200.8) MSEK. Decrease by 0.4%, of which 0.4% organic. EBITDA 24,4 (22,6) MSEK. Increase by 7.9%, of which 7.9% organic. EBITA 13,6 (12,0) MSEK. Increase by 13.5%, of which 13.5% organic. EBIT 11,9 (9,8) MSEK. Increase by 21.7%. Profit before tax increase to 1.2 (-3.7) MSEK. Profit after tax increased to 1.4 (-3.2) MSEK.PERIOD JANUARY 1 – MARCH 31, 2025MSEK Jan-Mar       ...

P R E S S  R E L E A S E Stockholm, May 16, 2025 BTS developing as planned, despite geopolitical uncertainty January 1 – March 31, 2025Net sales amounted to MSEK 647 (619). Currency adjusted growth was 3%, whereof 1% was organic. EBITA remained unchanged, MSEK 59 (58). EBITA margin was 9.1 (9.5)%. Profit after tax amounted to MSEK 25 (53). Excluding reversed provisions of earn-out 2024, the profit after tax remained unchanged, MSEK 25 (25).1 Earnings per share amounted to SEK 1.33 (2.75). Excluding reversed provision of earn-out 2024, earnings per share increased 2% to SEK 1.33 (1.30). 2 3“AI and automation are driving the next wave of productivity. In a first phase of scaled adoption, we expect about USD 5 million in cost savings across the Group, to be realized between the third...

Earnings Call Webcast to Discuss First Quarter Financial Results Scheduled to Post to Corporate Website on Tuesday, May 20, 2025 NEW YORK, May 15, 2025 (GLOBE NEWSWIRE) — Reading International, Inc. (NASDAQ: RDI) (“Reading” or our “Company”), an internationally diversified cinema and real estate company with operations and assets in the United States, Australia, and New Zealand, today announced its results for the First Quarter ended March 31, 2025. Key Financial Summary Results – First Quarter 2025Total Revenues of $40.2 million decreased from $45.1 million in Q1 2024 due principally to lower cinema attendance from the lingering impacts of the 2023 Hollywood Strikes, our screen count reduction as non-performing cinemas are closed, and the decreased value of the Australian and New Zealand dollar. Operating Loss of $6.9 million...