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Net sales of AS Tallinna Vesi has increased, operating profit remains stable

July 24, 2014

AS Tallinna Vesiís net sales of the first half year of 2014 have increased by 1.9% to 26.68 million euros, compared to the same period last year. As the Companyís tariffs are frozen at the 2010 tariff level, changes in the revenues from the main activities are fully driven by consumption. Despite the increase in sales revenues, the operating profit for the six months of 2014 has remained stable, decreasing by 0.2% to 11.87 million euros. The decline is mainly driven by the higher pollution tax expenses and legal expenses with regard to the tariff dispute. The operational results of AS Tallinna Vesi continue to be at a very good level. Mariliis Mia Topp AS Tallinna Vesi Head of Communications Tel: (+372) 62 62 275 mariliismia.topp@tvesi.ee Copyright © 2014 OMX AB (publ).


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Source: OMX


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