Market announcement

AS TALLINNA SADAM

LEI code

25490093MDYISEP1Y539

Size of the entity

Large group

Economic activities

Electricity, Gas, Steam and Air Conditioning Supply, Transportation and Storage

Country of registered office

Estonia

General information

Categories

Other corporate action

Unique data record identifier

7855

Submission date and time

12.03.2020 12:30:57

Content of announcement in Estonian

Title

Kommentaar Vabariigi Valituse otsusele kruiisilaevade vastuvõtu edasilükkamiseks kuni 01.05.2020

Message

Vabariigi   Valitsus   kehtestas   täna   erimeetmed   COVID-19 viiruse   leviku
tõkestamiseks,  sh kruiisilaevade vastuvõtu  edasilükkamise kuni 1. maini 2020.
Tallinna  Sadama  juhatuse  hinnangul  ei  avalda  see  otsus olulist mõju grupi
majandustulemustele,  kuna kruiisihooaeg algab aprillis ja piirang puudutab vaid
nelja  kruiisilaeva  külastuse  tühistamist.  Hetkeseisuga  ei ole kruiisifirmad
meile   rohkematest  broneeringute  tühistamisest  teada  andnud,  kuid  jälgime
olukorda.  2019. aastal  toimus  kruiisihooajal  aprillist oktoobrini kokku 345
kruiisilaeva  külastust  ja  kruiisituristide  arv  oli 660 tuh. Rahvusvaheliste
reisilaevaliinide  ja  mandri  ning  suursaarte  vahelisi  reisiparvlaevaliinide
reisijaid kehtestatud piirangud ei puuduta.

Tallinna  Sadamale  kuulub  üks  Läänemere  suurimaid  kauba-  ja  reisisadamate
komplekse,  mida läbis  2019. a 10,64 miljonit  reisijat ja  19,9 miljonit tonni
kaupa.   Lisaks   reisijate  ja  kaubavedude  teenindamisele  tegutseb  ettevõte
laevanduse  ärivaldkonnas  läbi  oma  tütarettevõtete  -  OÜ TS Laevad korraldab
parvlaevaühendust  Eesti mandri ja  suursaarte vahel ning  OÜ TS Shipping osutab
multifunktsionaalse jäämurdjaga Botnica jäämurde ja konstruktsioonilaeva teenust
Eestis   ja   offshore   projektides.   Tallinna   Sadama   gruppi   kuulub   ka
jäätmekäitlusega  tegelev sidusettevõte AS  Green Marine. Auditeerimata andmetel
oli kontserni 2019. a müügitulu 130,5 miljonit eurot, korrigeeritud EBITDA 74,3
miljonit eurot ning puhaskasum 44,4 miljonit eurot.


Valdo Kalm
Juhatuse esimees

Lisainfo:

Marju Zirel
Investorsuhete juht
AS Tallinna Sadam
[email protected] (mailto:[email protected])

Content of announcement in English

Title

Comment on the Estonian Government’s decision to postpone the cruise ships calls until 01.05.2020

Message

Today, the Estonian Government introduced special measures to prevent the spread
of  the COVID-19 virus, including postponing the acceptance of cruise ship calls
until May 1, 2020. The management of Tallinna Sadam estimates that this decision
will  not  significantly  affect  the  Group's  financial results, as the cruise
season  begins in April  and the restriction  concerns cancellation of only four
cruise  ship calls.  We have  not received  any other  cancellations from cruise
companies  until now, but we will  continue monitoring the situation. During the
2019 cruise  season from April to October, the total number of cruise ship calls
was  345 and the number of cruise  passengers was 660 thousand. The Government's
restrictions do not concern international passenger lines or ferry lines between
Estonian mainland and largest islands.

Tallinna  Sadam is one of the largest cargo- and passenger port complexes in the
Baltic  Sea region,  which in  2019 serviced 10.64 million  passengers and 19.9
million  tons of cargo. In addition  to passenger and freight services, Tallinna
Sadam  group also  operates in  shipping business  via its  subsidiaries - OÜ TS
Laevad  provides ferry  services between  the Estonian  mainland and the largest
islands,  and OÜ  TS Shipping  charters its  multifunctional vessel  Botnica for
icebreaking  and construction services in  Estonia and offshore projects abroad.
Tallinna  Sadam group  is also  a shareholder  of an  associate AS Green Marine,
which  provides  waste  management  services.  According  to unaudited financial
results,  Tallinna  Sadam  group's  sales  in  2019 totaled  EUR  130.5 million,
adjusted EBITDA EUR 74.3 million and net profit EUR 44.4 million.


Valdo Kalm
Chairman of the Management Board

Additional information:

Marju Zirel
Head of Investor Relations
AS Tallinna Sadam
[email protected] (mailto:[email protected])