From GlobeNewswire: 2025-04-30 00:00:00

Hepsor’s consolidated sales revenue for Q1 2025 was €8.2 million (Q1 2024: €2.3 million). The net loss for the first quarter was €0.1 million (Q1 2024: €1.0 million). The board proposed a dividend payout of €1 million in 2025, amounting to €0.26 per share, with a dividend yield of 6.9% based on the share price as of March 31, 2025. Development projects in construction and sales continued in Q1 2025, with 42 homes delivered to customers and progress on various projects in Latvia and Estonia, including the completion of the Annenhof Maja development project in Jurmala Street.

In the financial statements, Hepsor reported plans for new residential projects in 2025, including the construction of 49 homes in Manufaktuuri 12, Tallinn, and 227 new homes in various locations in Riga, Latvia. The company also announced a partnership with EfTEN Special Opportunities Fund for a real estate project in Lasnamäe, involving the construction of approximately 300 apartments in three phases, with work expected to begin in 2026.

For further details and financial reports, visit Hepsor’s website. The company, known for its innovative engineering solutions in real estate development, has completed over 2,000 homes and 36,300 m2 of commercial space in its 14-year history, with a total of 25 development projects covering 172,800 m2 in its portfolio.



Read more at GlobeNewswire: Hepsor AS 2025 I kvartali konsolideeritud auditeerimata