ARC1T Q1 2010 Update and Comment, Target Price 06/09/10

Contents:
- THE SHARE PRICE IS EXPECTED TO GROW;
- LOW CONSTRUCTION PRICE IS NOT A STRONG BENEFIT;
- COMPANY CONTINUED TO REPORT LOSSES IN Q1 2010;
- FORMER EMPLOYEE ISSUES;
- REDUCTION OF SHARE CAPITAL;
- ARCO VARA IS EXPECTED TO CONTINUE TO SELL ITS ASSETS;
- EXPECTED RECOVERY OF THE MARKET IMPROVES OUTLOOK;
- BBA INVESTMENT RATING
10 pages

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Arco Vara

Arco Vara AS engages in various real estate businesses principally in Europe. The company operates in three divisions: Service, Development, and Construction. The Service division provides real estate brokerage, valuation, management, consulting, portfolio management, and short-term investment services in residential real estate. The Development division develops integrated residential environments and commercial real estate. It sells housing solutions to end-consumers, as well as to real estate funds or developers. The Construction division offers general construction, environmental engineering, and construction supervision services. Arco Vara AS offers its products and services primarily in Estonia, Latvia, Lithuania, Ukraine, Bulgaria, and Romania. The company was founded in 1992 and is based in Tallinn, Estonia.



2009

2008


Latest Research Reports
Latest News
BBA: Arco Vara’s (ARC1T) Financial Condition Is Weak
Revenue and other income for the 1st quarter totalled 68.0 million kroons, 25 % down year-over-year.
REVALUATION CUTS THE PERFORMANCE OF ARCO VARA
Arco Vara’s revenue and other income for the nine months totalled 385.0 million kroons (24.6 million euros), 28.7% down year-over-year.
ARCO VARA`S RESULTS DISAPPOINTING
Arco Vara’s revenue and other income for the first half-year months totalled 277.0 million kroons, 19.7% down year-over-year.
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