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

7899

Submission date and time

27.03.2020 09:00:00

Content of announcement in Estonian

Title

AS Tallinna Vesi nõukogu kinnitas 2019. aasta majandustulemused

Message

AS Tallinna Vesi nõukogu kinnitas 2019. aasta auditeeritud majandustulemused.
Finantstulemused ei ole võrreldes 31. jaanuaril 2020 avaldatud esialgsete
tulemustega muutunud.

Ettevõtte 2019. aasta müügitulu oli 63,42 miljonit eurot, kasvades võrreldes
2018. aastaga 1,0%, ehk 0,64 miljonit eurot. Vee- ja reoveeteenuste müügist
saadud tulu suurenes 1,2%,  ulatudes 56,87 miljonini euroni. Ehitus-,
projekteerimis- ja asfalteerimisteenuste müügitulu oli 6,00 miljonit eurot,
kasvades võrreldes eelmise aastaga 0.2%.

Möödunud aasta ärikasum ulatus 32,08 miljoni euroni, kasvades võrreldes 2018.
aastaga 19.1% ehk 5.14 miljonit eurot. Kasv oli seotud peamiselt kolmandate
osapoolte võimalike nõuete jaoks moodustatud eraldise ülevaatusest tuleneva
positiivse mõjuga. 2019.a puhaskasum moodustas 27,76 miljonit eurot, kasvades
võrreldes 2018. aastaga 14,9% ehk 3,61 miljonit eurot.

2019. aasta auditeeritud majandusaasta aruanne on lisatud teatele manusena ning
meie aastaraamatu leiate meie kodulehelt
(https://tallinnavesi.ee/investor/aruanded/finantsaruanded/).

Eliis Randver
kliendisuhete ja kommunikatsiooni juht
Tallinna Vesi
(+372) 626 2275
[email protected] (https://www.globenewswire.com/Tracker?data=03nxUlYpZv-
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Content of announcement in English

Title

AS Tallinna Vesi Supervisory Council confirmed 2019 financial results

Message

The Supervisory Council of AS Tallinna Vesi approved the audited financial
results for the year 2019. The financial results remained unchanged compared to
the preliminary disclosure on 31 January 2020.

The Company's total sales revenue for 2019 was EUR63.42 million, showing an
increase of 1.0% or EUR0.64 million year-on-year. Sales from water and wastewater
services increased 1.2% amounting to EUR56.87 million. Sales of construction,
design and asphalting services were EUR6.00 million, increasing by 0.2%.

AS Tallinna Vesi's 2019 operating profit was EUR32.08 million, increasing by
19.1% or by EUR5.14 million compared to 2018. The increase was mainly impacted by
a positive change in the provision formed for possible third-party claims. Net
profit in 2019 was EUR27.76 million, being 14.9% or EUR3.61 million higher than in
2018.

Audited financial results for the year 2019 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-3/).

Eliis Randver
Head of Customer Relations and Communication
Tallinna Vesi
(+372) 626 2275
[email protected]