The Supervisory Board of Tallinna Kaubamaja Grupp AS approved today, on 22
February 2021 the annual report and profit allocation proposal for the year
2020 of Tallinna Kaubamaja Grupp AS. The Supervisory Board decided to present
the annual report and profit allocation proposal as prepared by the management
for the approval of the general meeting of shareholders. The revenues and
profits remained unchanged compared to the preliminary disclosure on 21 January
2021.
The consolidated audited revenue of Tallinna Kaubamaja Grupp AS for the year of
2020 was 741.9 million euros. The revenue increased by 3.4 per cent. The revenue
for the year of 2019 was 717.2 million euros.
The consolidated audited net profit of the Tallinna Kaubamaja Grupp AS for the
year of 2020 was 19.5 million euros. The net profit for the year of 2019 was
31.8 million euros.
The audited Annual Report 2020 of Tallinna Kaubamaja Grupp AS is available on
Tallinna Kaubamaja Grupp AS Internet home page www.tkmgroup.ee/en
(http://www.tkmgroup.ee/en).
Raul Puusepp
Chairman of the Board
Phone: +372 731 5000
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