{"id":1517,"date":"2026-08-07T09:59:35","date_gmt":"2026-08-07T09:59:35","guid":{"rendered":"https:\/\/plyanalytics.com\/?post_type=news&#038;p=1517"},"modified":"2026-08-14T11:05:25","modified_gmt":"2026-08-14T11:05:25","slug":"merko-ehitus-2026-q2-results","status":"publish","type":"news","link":"https:\/\/plyanalytics.com\/en\/news\/merko-ehitus-2026-q2-results\/","title":{"rendered":"PLY Markets"},"content":{"rendered":"\n<p><a href=\"https:\/\/plymarkets.com\/\">PLY Markets<\/a> assessed <a href=\"https:\/\/plymarkets.com\/dashboard\/groups\/b0690976-8205-4e4a-b29d-484bac5c0f33\/reports\/b3dc52e6-2e51-4a2e-943d-36d0e6c8c145\">Merko Ehitus\u2019<\/a> results for the second quarter of 2026 and the key developments in the company\u2019s performance. The insights were also featured in Verslo \u017einios\u2019 Baltic stock market review.<\/p>\n\n\n\n<p><a href=\"https:\/\/plymarkets.com\/dashboard\/groups\/b0690976-8205-4e4a-b29d-484bac5c0f33\/reports\/b3dc52e6-2e51-4a2e-943d-36d0e6c8c145\">Merko Ehitus\u2019<\/a> second-quarter results were weaker than a year ago: net profit declined by 24% to \u20ac8.5 M. Although quarterly revenue increased by 12%, profitability was weighed down by costs of goods sold rising faster than revenue. In the construction segment, revenue grew by 15%, while operating profit fell by 43%, and the operating margin halved compared with the same period last year.<\/p>\n\n\n\n<p>At the same time, <a href=\"https:\/\/plymarkets.com\/\">PLY Markets<\/a> highlighted <a href=\"https:\/\/plymarkets.com\/dashboard\/groups\/b0690976-8205-4e4a-b29d-484bac5c0f33\/reports\/b3dc52e6-2e51-4a2e-943d-36d0e6c8c145\">Merko Ehitus\u2019<\/a> record order book. At the end of the quarter, it stood at \u20ac835.7M, with the R\u016bdninkai military base project contract accounting for a significant share. The company\u2019s higher valuation metrics (P\/E of 15.6x and EV\/EBITDA of 18.3x) reflect market expectations that the sizeable order book will translate into stronger financial results in the future.<\/p>\n\n\n\n<p>Full\u00a0<a href=\"https:\/\/plymarkets.com\/\">\u201ePLY Markets\u201c<\/a>\u00a0comment:\u00a0<a href=\"https:\/\/plymarkets.com\/blog\/merko-ehitus-2026-q2-weaker-results-than-a-year-ago\"><span style=\"text-decoration: underline;\">Merko Ehitus\u00a02026 Q2 financial review: Weaker results than a year ago<\/span><\/a><\/p>\n\n\n\n<p>Verslo \u017einios review:\u00a0<a href=\"https:\/\/www.vz.lt\/rinkos\/2026\/08\/07\/baltijos-birza-lyderiu-akcijos-per-menesi-brango-7-10-588490\"><span style=\"text-decoration: underline;\">Baltijos bir\u017ea: lyderi\u0173 akcijos per m\u0117nes\u012f brango 7\u201310%<\/span><\/a><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Merko Ehitus Q2 2026 results review<\/p>\n","protected":false},"featured_media":1516,"template":"","meta":{"_acf_changed":false,"inline_featured_image":false},"news-category":[38,37],"class_list":["post-1517","news","type-news","status-publish","has-post-thumbnail","hentry","news-category-ply-markets-en","news-category-press-media"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.3.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Merko Ehitus Q2 2026 results review | PLY<\/title>\n<meta name=\"description\" content=\"Merko Ehitus 2026 Q2 results: profit declined, but the growing order book supports market expectations for future earnings growth.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/plyanalytics.com\/en\/news\/merko-ehitus-2026-q2-results\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" 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