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
Half-yearly financial report
Unique data record identifier
6796
Submission date and time
27.07.2018 09:05:00
Content of announcement in Estonian
Title
AS Tallinna Vesi müügitulu kasvas kahe aasta võrdluses
Message
Kontserni müügitulu kasvas 2018. aasta teises kvartalis 8,5%, ulatudes 15,98 miljoni euroni. Ettevõtte brutokasum suurenes 4,3% 8,90 miljoni euroni. Kontserni puhaskasum oli 5,47 miljonit eurot, mis on 28,3% rohkem kui eelmise aasta samal perioodil. Kasumit mõjutas peamiselt dividendidega seotud tulumaksu kulu vähenemine, mida toetas müügimahtude suurenemine. Lisaks vee- ja reoveeteenuse müügimahtudele kasvas märkimisväärselt ka ehitus-, projekteerimis- ja asfalteerimisteenuste müük. Teises kvartalis kasvasid kuludest enim ehitus- ja asfalteerimisteenustega seotud kulud ning tööjõu ja varade hoolduse ja remondikulud, mida tasakaalustasid elektrikulude ning kulumi kahanemine. Ettevõtte ärikasum kasvas 4,9% ehk 0,36 miljoni euro võrra ja oli teises kvartalis 7,54 miljonit eurot. Tallinna Vesi ootab jätkuvalt lõplikku otsust rahvusvahelisest vahekohtust. Eliis Vennik Kommunikatsioonijuht Tallinna Vesi (+372) 626 2275 [email protected] (https://www.globenewswire.com/Tracker?data=7u6b59KjqIy2zGphyYE_gfKRbNnVU58qIWMi c3mMKVmKgyL__ULIRokLChaN9Sye61fZAaiA5LcP9i9r-1G9WAJW0_rW8T6PqyYaLpBSeHjssDcLfDl- oZuN6aWjHkYx- TechjRXxCjT82duRWqfgMCkeT4ICNS3rw9gxkD_PmBvbmlqzWJ4EBJ15xflmpj6TzgHXV0TFqZcbIRKg hj4ZeyIMiL4gNdvsxIu8lKEsFiRQMMOsZ1IXF99z4HXRLyXPBS9rPLFLDk_ZvVy4Dm0PblbwguuGUugK _5zlvv6sbbbvhg5p9X4ESgIc3aNiGfz6xIOsdx3v0qAaaLRY_7UBcQJKfPO6LbL0fBNYAM1FyqCcOutt fNjrXxpN0OVvTlu57q1bYUFsTJQ_nmQSULSE_9oeQ2zjB-nk4cub2NSwPRzhgPL- Zcq3tvc3CkLQEqMGbEAzBBnIGuFGcGI9wh_XxbMDy91eAjT30KVSt-rvLFaKy7m6cXu1QgDuwo-flzA)
Content of announcement in English
Title
AS Tallinna Vesi´s sales increased year-on-year
Message
In the 2nd quarter of 2018, the Group's total sales increased by 8.5% to EUR 15.98 million. Group's gross profit was EUR 8.90 million, showing an increase of 4.3% year-on-year. The Group's net profit for the 2(nd) quarter of 2018 was EUR 5.47 million, being 28.3% higher than in the 2(nd) quarter of 2017. The profit was mainly impacted by lower income tax costs, related to a reduced dividend payment. This was further supported by higher sales. Besides water and wastewater services, there was a significant growth in the sales of construction, design and asphalting services. The biggest rise in costs in the 2(nd) quarter was related to construction and asphalting services as well as staff and asset maintenance costs, which were offset by lower eclectricity costs and depreciation. The operating profit for the 2(nd) quarter was EUR 7.54 million, showing an increase of 4.9% or EUR 0.36 millio?n. Tallinna Vesi is still awaiting the final verdict from the International Arbitration. Eliis Vennik Head of Communications Tallinna Vesi (+372) 626 2275 [email protected] (https://www.globenewswire.com/Tracker?data=7u6b59KjqIy2zGphyYE_gfKRbNnVU58qIWMi c3mMKVmKgyL__ULIRokLChaN9Sye61fZAaiA5LcP9i9r-1G9WAJW0_rW8T6PqyYaLpBSeHjssDcLfDl- oZuN6aWjHkYx- TechjRXxCjT82duRWqfgMCkeT4ICNS3rw9gxkD_PmBvbmlqzWJ4EBJ15xflmpj6TzgHXV0TFqZcbIRKg hj4ZeyIMiL4gNdvsxIu8lKEsFiRQMMOsZ1IXF99z4HXRLyXPBS9rPLFLDk_ZvVy4Dm0PblbwguuGUugK _5zlvv6sbbbvhg5p9X4ESgIc3aNiGfz6xIOsdx3v0qAaaLRY_7UBcQJKfPO6LbL0fBNYAM1FyqCcOutt fNjrXxpN0OVvTlu57q1bYUFsTJQ_nmQSULSE_9oeQ2zjB-nk4cub2NSwPRzhgPL- Zcq3tvc3CkLQEqMGbEAzBBnIGuFGcGI9wh_XxbMDy91eAjT30KVSt-rvLFaKy7m6cXu1QgDuwo-flzA)