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
Annual financial report
Unique data record identifier
7193
Attachments
Submission date and time
29.03.2019 09:00:00
Content of announcement in Estonian
Title
AS Tallinna Vesi nõukogu kinnitas 2018. aasta majandustulemused
Message
AS Tallinna Vesi nõukogu kinnitas 2018. aasta auditeeritud majandustulemused. Finantstulemused ei ole võrreldes 25. jaanuaril 2019 avaldatud esialgsete tulemustega muutunud. Ettevõtte 2018. aasta müügitulu oli 62,78 miljonit eurot, kasvades võrreldes 2017. aastaga 5,0%, ehk 2,97 miljonit eurot. Vee- ja reoveeteenuste müügist saadud tulu suurenes 2,5%, ulatudes 53,53 miljonini euroni. Ehitus-, projekteerimis- ja asfalteerimisteenuste müügitulu oli 6,00 miljonit eurot, kasvades võrreldes eelmise aastaga 40,0% ehk 1,71 miljoni euro võrra. Möödunud aasta ärikasum ulatus 26,94 miljoni euroni, kasvades võrreldes 2017. aastaga 147,9% ehk 16,07 miljonit eurot. Kasv oli seotud peamiselt kolmandate osapoolte võimalike nõuete jaoks moodustatud eraldise ülevaatusest tuleneva madalama kuluga. 2018. aasta auditeeritud majandusaasta aruanne on lisatud teatele manusena ning meie aastaraamatu leiate meie kodulehelt (https://tallinnavesi.ee/investor/aruanded/finantsaruanded/). Eliis Vennik Kliendisuhete ja kommunikatsiooni juht Tallinna Vesi (+372) 626 2275 [email protected] Manus * 2018 ASTV Aastaraamat (https://ml- eu.globenewswire.com/Resource/Download/b0be6dcb-8d0a-477b-b226-0bdd0b66e023)
Content of announcement in English
Title
AS Tallinna Vesi Supervisory Council confirmed 2018 financial results
Message
The Supervisory Council of AS Tallinna Vesi approved the audited financial results for the year 2018. The financial results remained unchanged compared to the preliminary disclosure on 25(th) January 2019. The Company's total sales revenue for 2018 was EUR62.78 million, showing an increase of 5.0% or EUR2,97 million year-on-year. Sales from water and wastewater services increased 2.5% amounting to EUR53.53 million. Sales of construction, design and asphalting services were EUR6.00 million, increasing by 40.0% or EUR1.71 million year-on-year. AS Tallinna Vesi's 2018 operating profit was EUR26.94 million, increasing by 147.9% or by EUR16.07 million compared to 2017. The increase was mainly impacted by lower expense for provision formed for possible third-party claims. Audited financial results for the year 2018 have been included as an attachment to current announcement and our yearbook can be found on our webpage (https://tallinnavesi.ee/en/investor/reports/financial-reports/). Eliis Vennik Head of Customer Relations and Communications Tallinna Vesi (+372) 626 2275 [email protected] Attachment * 2018 ASTV Annual Report (https://ml- eu.globenewswire.com/Resource/Download/888a13ce-4c58-4c9e-8bd7-cc17f052920c)