Merus Power Oyj

Equities

MERUS

FI4000506902

Renewable Energy Equipment & Services

Market Closed - Nasdaq Helsinki Other stock markets 04:40:00 10/05/2024 pm IST			5-day change	1st Jan Change
4.16 ^EUR	-2.35%		-3.03%	+2.97%

13/03	Merus Power Oyj Approves Board Elections	CI
21/02	Merus Power Receives Battery Energy Storage Order of Around 15 Million from Enordic and Lappeenrannan Energia - the New Battery Energy Storage System Strengthens the Power Grid	CI

Merus Power Oyj Reports Earnings Results for the Fourth Quarter Ended December 31, 2021

February 10, 2022 at 11:30 am IST

Merus Power Oyj reported earnings results for the fourth quarter ended December 31, 2021. For the fourth quarter, the company reported sales was EUR 10.93 million compared to EUR 4.65 million a year ago. Net income was EUR 0.812 million compared to EUR 0.517 million a year ago.

Latest news about Merus Power Oyj

Merus Power Oyj Approves Board Elections	13/03	CI
Merus Power Receives Battery Energy Storage Order of Around 15 Million from Enordic and Lappeenrannan Energia - the New Battery Energy Storage System Strengthens the Power Grid	21/02	CI
Merus Power Lands EUR15 Million Order for Battery Energy Storage System	14/02	MT
Merus Power Receives Battery Energy Storage Order of Around EUR 15 Million from Skip Wind 5 Oy and Lappeenrannan Energia Oy	13/02	CI
Merus Power Oyj Reports Earnings Results for the Full Year Ended December 31, 2023	08/02	CI
Merus Power Oyj Reports Earnings Results for the Half Year Ended June 30, 2023	24/23/24	CI
Merus Power Oyj Reports Earnings Results for the Full Year Ended December 31, 2022	09/23/09	CI
Merus Power Oyj Receives EUR 20-Million Order to Supply Large Battery Energy Storage System to Taaleri Energia	08/23/08	CI
Merus Power Oyj Reports Earnings Results for the Half Year Ended June 30, 2022	24/22/24	CI
Certain Ordinary Shares of Merus Power Oyj are subject to a Lock-Up Agreement Ending on 9-JUN-2022.	09/22/09	CI
Certain Ordinary Shares of Merus Power Oyj are subject to a Lock-Up Agreement Ending on 9-JUN-2022.	09/22/09	CI
Merus Power Oyj Reports Earnings Results for the Full Year Ended December 31, 2021	10/22/10	CI
Merus Power Oyj Reports Earnings Results for the Fourth Quarter Ended December 31, 2021	10/22/10	CI
Certain Ordinary Shares of Merus Power Oyj are subject to a Lock-Up Agreement Ending on 6-DEC-2021.	06/21/06	CI
Certain Ordinary Shares of Merus Power Oyj are subject to a Lock-Up Agreement Ending on 6-DEC-2021.	06/21/06	CI
Certain Ordinary Shares of Merus Power Oyj are subject to a Lock-Up Agreement Ending on 7-SEP-2021.	07/21/07	CI
Certain Ordinary Shares of Merus Power Oyj are subject to a Lock-Up Agreement Ending on 7-SEP-2021.	07/21/07	CI
Merus Power Oyj has completed an IPO.	01/21/01	CI
Merus Power Oyj has filed an IPO.	21/21/21	CI
Merus Power Dynamics Oy announced that it has received €2.5 million in funding from Inventure Oy and VNT Management Oy.	10/13/10	CI

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Company Profile

Merus Power Oyj, formerly Merus Power Dynamics Oy is a Finland-based technology company operating in the global market, focused on electricity storage and power quality solutions, enabling a sustainable and more energy-efficient future. The Company designs, manufactures and sells Finnish innovative electrical energy storages, power quality systems, and services. The business operations are based on scalable and modular power electronics, intelligent software technologies and electrical engineering expertise. The Company's solutions include water and waste treatment plants, power stations, solar, wind and hydropower plants. Merus Power Oyj has worked with several industrial, electricity, infrastructure and renewable energy customers in 60 different countries.

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Renewable Energy Equipment & Services

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Mean consensus

OUTPERFORM

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Last Close Price

4.16 EUR

Average target price

5 EUR

Spread / Average Target

+20.19%

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Sector Other Renewable Energy Equipment & Services

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