Merko Ehitus stock in focus after EUR 268 million revenue
Published on 11/09/2026 at 01:33 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSRevenue growth meets execution pressure
- Merko Ehitus reported EUR 268 million in nine-month revenue and EUR 118 million for the third quarter.
- The company handed over 136 apartments and commercial units in the third quarter, while its secured order book stood close to EUR 770 million.
- Management highlighted fuel and energy costs, intense residential competition and the need to control project risks.
Merko Ehitus reported stronger activity in the third quarter, with revenue of EUR 118 million and nine-month revenue of EUR 268 million. The figures were published on November 5, 2026, in the company announcement Merko Ehitus.
Order book supports project visibility
The secured construction order book was close to EUR 770 million at the end of the third quarter. Merko signed new construction contracts worth EUR 22 million during the period, with the largest involving the Volta 1b residential development in Tallinn's Krulli Quarter.
The group handed over 118 apartments and 18 commercial units in the quarter. Across the first nine months, it handed over 238 apartments and 23 commercial units and started construction and sales of 394 apartments and four commercial units.
Margins remain a key investor focus
Management said construction services and real estate development contributed equally to the quarterly result. It also pointed to higher fuel and energy prices, particularly in road construction, while describing apartment-market competition as intense and remaining cautious about the sustainability of improving consumer confidence.
Merko Ehitus stock traded at EUR 26.70 in Frankfurt at 8:06 a.m. CET on Wednesday, November 4, according to Yahoo Finance. Investors can follow the real-time quote of Merko Ehitus stock.
Merko competes across Baltic construction
Merko Ehitus constructs buildings and infrastructure and develops real estate in Estonia, Latvia and Lithuania. Its activities cover residential and commercial development as well as public-sector infrastructure and defence-related projects. In the Baltic construction market, it competes with Nordecon and combines regional scale with a focus on construction services and residential development.
The broader European market remains relevant for Baltic construction and real estate companies; investors can review current Euro Stoxx 50 market developments.
More news and analyses are available in the Merko Ehitus stock coverage.
Merko Ehitus at a glance
- Company: AS Merko Ehitus
- ISIN: EE3100003559
- Quote: EUR 26.70 in Frankfurt, November 4, 2026, 8:06 a.m. CET
- Business: Construction, infrastructure and real estate development
- Markets: Estonia, Latvia and Lithuania
