SRV Group Plc announced audited consolidated earnings results for the year ended December 31, 2017. For the year, revenue was EUR 1,116,129,000 compared to EUR 884,142,000 a year ago. Operating profit was EUR 17,070,000 compared to EUR 27,674,000 a year ago. Profit before taxes was EUR 4,638,000 compared to EUR 16,351,000 a year ago. Net profit for the financial year attributable to equity holders of the parent company was EUR 5,987,000 compared to EUR 13,863,000 a year ago. Earnings per share attributable to equity holders of the parent company-diluted EUR 0.05 compared to EUR 0.15 a year ago. Cash out flows from operating activities was EUR 32,538,000 compared to cash in flows from operating activities of EUR 31,127,000 a year ago. Purchase of tangible and intangible assets was EUR 3,464,000 compared to EUR 5,421,000 a year ago. Return on equity was 2.0% compared to 5.0% a year ago.

Full-year consolidated revenue for 2018 is expected to decline compared with 2017. Operative operating profit is expected to be lower than in 2017.