Market announcement
AS TALLINNA VESI
LEI code
5493000M6TVS2X0KWC97
Size of the entity
Large group
Economic activities
Water Supply; Sewerage, Waste Management and Remediation Activities
Country of registered office
Estonia
General information
Categories
Other price sensitive information
Unique data record identifier
4686
Submission date and time
24.10.2014 09:35:00
Content of announcement in Estonian
Title
AS Tallinna Vesi 2014. aasta üheksa kuu müük on kasvanud, ärikasum püsib stabiilsena
Message
AS-i Tallinna Vesi 2014. aasta üheksa kuu müügitulu suurenes võrreldes möödunud
aasta sama perioodiga 1,6% võrra 39,93 miljoni euroni. Kuna Ettevõtte tariifid
on endiselt 2010. aasta tasemel, on põhitegevuse tulu otseselt sõltuv
tarbimisest. Hoolimata müügitulu kasvust on 2014. aasta üheksa kuu ärikasum
püsinud stabiilsena, kasvades 0,1% võrra 18,23 miljoni euroni. AS-i Tallina
Vesi ärikasumit mõjutavad jätkuvalt tariifivaidlustega seonduvad õigusabikulud.
Lisaks kohalikule tariifivaidlusele on AS Tallinna Vesi alustanud
rahvusvahelist arbitraažimenetlust Eesti Vabariigi vastu. Ettevõte soovib saada
hüvitust eeldatavate kahjude ulatuses lepinguperioodi ulatuses aastani 2020.
Mariliis Mia Topp
AS Tallinna Vesi
Kommunikatsioonijuht
Tel: (+372) 62 62 275
[email protected]
Content of announcement in English
Title
AS Tallinna Vesi’s 2014 nine months net sales have increased while operating profit remains stable
Message
AS Tallinna Vesi’s net sales for the nine months in 2014 have increased by 1.6%
to 39.93 million euros, compared to the same period last year. The Company’s
tariffs are frozen at the 2010 tariff level, therefore changes in the revenues
from the main activities are fully driven by consumption. Despite the increase
in sales revenues, the operating profit for the nine months of 2014 has
remained stable, increasing by 0.1% to 18.23 million euros. AS Tallinna Vesi’s
operating profits continue to be affected by the legal expenses with regards to
the ongoing legal disputes.
In addition to the local tariff dispute AS Tallinna Vesi has commenced
international arbitration proceedings against the Republic of Estonia. The
Company is claiming compensation for potential damages for total losses over
the lifetime of the contract to 2020.
Mariliis Mia Topp
AS Tallinna Vesi
Head of Communications
Tel: (+372) 62 62 275
[email protected]