SRV

SRV Annual Report 2018

SUSTAINABILITY

“It takes right decisions and practical actions to be a forerunner.”

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Energy consumption


Energy consumption (%)


Energy use on Finnish operations, evaluation based on cost information. Emissions evaluated by using average emission factors for each energy type.

CEO’S REVIEW

“Construction has been a strong economic driver in Finland in recent years, and construction costs have risen. As a pioneer in urban construction, SRV has grown during this time, and has created new kinds of living environments that are built around a good location, easy access to services and diverse traffic connections. Our personnel’s perseverance, professional skill and entrepreneurism can be seen in both the buildings we have constructed and their surroundings – and this impact will be felt not only now but also in the future.”

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2018 IN KEY FIGURES

Operative operating profit1 and operating profit
(EUR million)

Order backlog2 (EUR million)
 


Waste utilisation rate3 (%)
 


Revenue by operations 2018 (%)


0 0

WE EMPLOY SUBCONTRACTORS ANNUALLY / WORKERS ON SRV SITES IN 2018

1 In order to improve comparability in the case of actual earnings, SRV has adopted the new concept of operative operating profit as of 20 July 2017. It differs from the IFRS definition of operative profit by eliminating the calculated differences
in currency exchange rates and their potential hedging impacts included in financial items in Russian operations. As the operating currency was changed in September 2016, the figures from 2013–2015 are not effected by differences in currency exchange rates and their potential hedging impacts.
2 At the period-end.
3 Domestic worksites. Reported amounts do not include demolition waste or soil excavation waste.
4 Share of revenue, Operations in Finland.

Strategy

“Improving profitability and the cost-effectiveness of projects is one of SRV’s main strategic goals.”

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ANNUAL REVIEW AND FINANCIAL STATEMENTS

Download SRV’s Annual Review and Financial Statements below.

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