Buy Or Sell Opportunity • Jun 05
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 1.4% to €10.80. The fair value is estimated to be €13.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 8.3% over the last 3 years. Earnings per share has grown by 12%. Annuncio • May 11
AS Tallinna Vesi Announces Change in Composition of Audit Committee AS Tallinna Vesi announced that the Supervisory Council elected on May 7, 2026, Supervisory Council member Silver Tamm as a new member to the Audit Committee. Previously, Mart Mägi was the member of the Audit Committee whose term as a member of the Supervisory Council and the Audit Committee ended on April 23, 2026. The current Audit Committee members, Robert Kitt and Gerli Kivisoo, will continue in the Audit Committee. Annuncio • Apr 23
as Tallinna Vesi Approves Dividend for the Year 2025, Payable on 20 May, 2026 AS Tallinna Vesi at its Annual General Meeting of Shareholders held on April 23, 2026 approved to distribute €11,400,000 of the Company’s retained earnings of €85,783,000 as of December 31, 2025 (incl. from the consolidated net profit of €14,242,000 for the year 2025). Shareholders will receive €0.57 per share in dividends. The remainder of the retained earnings will remain undistributed. No allocations will be made from the net profit to the reserve capital. Based on the dividend proposal made by the Management Board, the Supervisory Council proposes to the shareholders that the shareholders receive dividends on 20 May 2026. The list of shareholders entitled to dividends will be established at the end of the business day of the Nasdaq CSD settlement system on 12 May 2026. Consequently, the date of change in rights attached to the shares (ex-dividend date) is 11 May 2026. Anyone acquiring shares on or after 11 May 2026 will not be entitled to the dividends determined by this resolution. Annuncio • Apr 20
Tallinna Vesi Launches Upgrades to Improve Customer Experience Tallinna Vesi has launched upgrades to improve its customers’ experience, including a new website, an improved self-service portal and a new visual identity. The company plans to install smart meters for all its customers by the end of this year. Another significant innovation has been the introduction of ice pigging technology in pipe maintenance, which helps to ensure high water quality. The upgraded website offers a variety of information about the water sector and a map showing water outages and providing real-time updates on interruptions and ongoing development work in the water network. The self-service portal now displays an overview of all customer's inquiries, along with their expected resolution date, status and response. Customers can manage and add their contact information and authorisations themselves to facilitate better communication. Besides information about water services and an overview of the company, the website also offers tips for using water and protecting the environment. The water company is also receiving more and more questions about the composition of drinking water, healthy consumption habits, public water taps, and environmental protection. Along with the upgraded website and improved self-service portal, it was now the right time to also introduce a fresh visual identity. The visual identity that Tallinna Vesi had been using until today dates back to 2002. The new visual identity symbolises the water cycle and the constant renewal that takes place in nature – we borrow water from nature and return it to nature as clean. A new fresh look, similar to that of Tallinna Vesi, will be given also to the subsidiary Watercom, which has been visually rather different so far. The transition to the new visual identity will be carried out gradually, in line with the natural need to replace items and equipment. Initially, changes will be made to electronic channels. Changes to other logo-bearing items will be implemented gradually as part of the planned renewal of equipment and other items over several years. The legal name and other details of Tallinna Vesi will remain unchanged. Annuncio • Apr 01
AS Tallinna Vesi, Annual General Meeting, Apr 23, 2026 AS Tallinna Vesi, Annual General Meeting, Apr 23, 2026, at 10:00 FLE Standard Time. Location: the blue auditorium, ulemiste water treatment plant, jarvevana tee 3, tallinn, estonia, Estonia Annuncio • Mar 21
AS Tallinna Vesi Announces Changes to Supervisory Council, Effective March 23, 2026 AS Tallinna Vesi announced that the City of Tallinn has decided to recall Priit Lello and Karolina Ebba Anna Ullman, who were appointed by the City to the company’s Supervisory Council, with effect from March 23, 2026, and to appoint Andrei Korobeinik and Urmas Reinsalu as new members of the Supervisory Council from the same date. Their terms as Supervisory Council members will run until March 22, 2029. Andrei Korobeinik is an IT entrepreneur, a member of the Riigikogu, the Chairman of the Pärnu City Council, and a member of the Centre Party. Urmas Reinsalu is a Member of the Riigikogu and a former Minister of Justice. He has graduated with a degree in law from the University of Tartu. Urmas Reinsalu is a member of the Isamaa Party. Annuncio • Apr 26
AS Tallinna Vesi announces Annual dividend, payable on June 17, 2025 AS Tallinna Vesi announced Annual dividend of EUR 0.5300 per share payable on June 17, 2025, ex-date on June 09, 2025 and record date on June 10, 2025. Annuncio • Feb 04
AS Tallinna Vesi to Report Fiscal Year 2024 Final Results on Apr 25, 2025 AS Tallinna Vesi announced that they will report fiscal year 2024 final results on Apr 25, 2025 Annuncio • Jan 29
AS Tallinna Vesi, Annual General Meeting, May 22, 2025 AS Tallinna Vesi, Annual General Meeting, May 22, 2025. Buy Or Sell Opportunity • Jan 04
Now 20% undervalued The stock has been flat over the last 90 days, currently trading at €9.86. The fair value is estimated to be €12.37, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.0% over the last 3 years. Earnings per share has declined by 10%. Buy Or Sell Opportunity • Oct 22
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 1.3% to €9.92. The fair value is estimated to be €12.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.1% over the last 3 years. Earnings per share has declined by 16%. Buy Or Sell Opportunity • Oct 02
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 5.1% to €9.82. The fair value is estimated to be €12.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.1% over the last 3 years. Earnings per share has declined by 16%. Buy Or Sell Opportunity • Aug 05
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 5.3% to €9.94. The fair value is estimated to be €12.47, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.1% over the last 3 years. Earnings per share has declined by 16%. Reported Earnings • Aug 04
Second quarter 2024 earnings released: EPS: €0.11 (vs €0.12 in 2Q 2023) Second quarter 2024 results: EPS: €0.11 (down from €0.12 in 2Q 2023). Revenue: €15.6m (up 1.0% from 2Q 2023). Net income: €2.19m (down 5.1% from 2Q 2023). Profit margin: 14% (in line with 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 11% per year. Upcoming Dividend • Jun 11
Upcoming dividend of €0.51 per share Eligible shareholders must have bought the stock before 18 June 2024. Payment date: 27 June 2024. Payout ratio is on the higher end at 83% but the company is not cash flow positive. Trailing yield: 4.7%. Within top quartile of German dividend payers (4.6%). In line with average of industry peers (5.0%). Annuncio • May 30
AS Tallinna Vesi Approves Dividend for the Year 2023, Payable on June 27, 2024 AS Tallinna Vesi at its AGM held on May 30, 2024, approved distribution of profit for the year 2023. The net profit of the Company in 2023 is €12,844,000. To distribute €10,200,000 of the Company’s retained earnings of €79,059,000 as of March 31, 2023 (incl. from the net profit of €12,844,000 for the year 2023). €0.51 per share will be paid to the shareholders as dividends.? The rest of retained earnings shall remain undistributed.? No allocations shall be made from the net profit to the reserve capital. Based on the dividend proposal made by the Management Board, the Supervisory Council proposes to decide to pay the dividends out to the shareholders on 27 June 2024. The list of shareholders entitled to receive dividends will be established as of 19 June 2024 at the closure of business day of the settlement system. Consequently, the day of change of the rights related to the shares (ex-dividend date) is set to 18 June 2023. Declared Dividend • Apr 19
Dividend increased to €0.51 Dividend of €0.51 is 55% higher than last year. Ex-date: 18th June 2024 Payment date: 27th June 2024 Dividend yield will be 4.9%, which is higher than the industry average of 3.7%. Sustainability & Growth Dividend is covered by earnings (79% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to decline by 12% to shift the payout ratio to a potentially unsustainable range, which is similar to the EPS decline seen over the last 5 years. Reported Earnings • Apr 08
Full year 2023 earnings released: EPS: €0.64 (vs €0.42 in FY 2022) Full year 2023 results: EPS: €0.64 (up from €0.42 in FY 2022). Revenue: €61.1m (up 12% from FY 2022). Net income: €12.8m (up 53% from FY 2022). Profit margin: 21% (up from 15% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Annuncio • Apr 05
AS Tallinna Vesi Proposes to Distribute Dividends for 2023, Payable on 27 June 2024 AS Tallinna Vesi proposed to the annual general meeting of shareholders that the profits for 2023 be distributed as follows: to distribute €10,200,000 of the company’s consolidated retained earnings of €79,059,000 accumulated as of December 31, 2023 as dividends; the shareholders shall be paid EUR 0.51 per share as dividends; the rest of retained earnings shall remain undistributed; no allocations shall be made from the net profit to the reserve capital. The list of shareholders entitled to receive dividends will be established as at the end of the business day of the Nasdaq CSD settlement system on 19 June 2024. Consequently, the day of change of the rights related to the shares (ex-dividend date) is set to 18 June 2024. A person acquiring the shares from that day onwards shall not be entitled to receive dividends for 2023. Dividends will be paid to the shareholders on 27 June 2024. Reported Earnings • Feb 03
Full year 2023 earnings released: EPS: €0.64 (vs €0.42 in FY 2022) Full year 2023 results: EPS: €0.64 (up from €0.42 in FY 2022). Revenue: €61.1m (up 12% from FY 2022). Net income: €12.8m (up 53% from FY 2022). Profit margin: 21% (up from 15% in FY 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Annuncio • Jan 19
Tallinn Circuit Court Dismisses the Appeal Submitted by Tallinn University of Technology Against AS Tallinna Vesi Tallinn Circuit Court dismissed the appeal submitted by Tallinn University of Technology against the interim decision of the Harju County Court of 09/06/2023, which dismissed the claim brought by Tallinn University of Technology against AS Tallinna Vesi for the compensation of an allegedly overpaid price for the water services consumed. The claimant had joined the claims from various persons from 2011 to 2019 in the amount of EUR 743,854.70 plus interests. Tallinna Vesi did not admit this claim and disputed it in full from the start, by affirming that the company has always acted legitimately and applied fair tariffs in accordance with the law in force. The judgement of the Tallinn Circuit Court has not entered into force and the claimant has 30 days to appeal to the Supreme Court. The company does not consider the ongoing proceedings of action to have any significant impact on the company’s financial results. Annuncio • Nov 29
Harju County Court Dismisses the Claim Submitted by AS Saarmas against AS Tallinna Vesi Harju County Court passed an interim judgment on November 28, 2023, dismissing the claim submitted by AS Saarmas against AS Tallinn Vesi for damages caused or a sum unduly paid in the amount of EUR 384,403.72. According to the claimant, their claim was based on the fact that they paid for water services during the period from November 1, 2010 to December 1, 2019 on the basis of a tariff set by the defendant which was not approved in the manner provided by law. AS Tallinna Vesi did not admit the claim and disputed it in full from the outset, by affirming that the company had always acted lawfully in its pricing and had applied fair tariffs in accordance with the law in force. In the above-mentioned interim judgment, the Court also held that the defendant had acted lawfully in its pricing during the period in dispute. The interim judgement has not entered into force and the claimant has 30 days from the date of receipt of the judgement to appeal against it. In the company's view, the ongoing legal proceedings have no significant impact on the company's financial results. Harju County Court has passed an interim judgement in a case with the same content on June 9, 2023, dismissing the claim filed by Tallinn University of Technology against AS Tallinna Vesi. This dispute is currently under review in Tallinn Circuit Court. Reported Earnings • Oct 29
Third quarter 2023 earnings released: EPS: €0.20 (vs €0.11 in 3Q 2022) Third quarter 2023 results: EPS: €0.20 (up from €0.11 in 3Q 2022). Revenue: €15.6m (up 16% from 3Q 2022). Net income: €4.05m (up 83% from 3Q 2022). Profit margin: 26% (up from 16% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Reported Earnings • Aug 03
Second quarter 2023 earnings released: EPS: €0.12 (vs €0.048 in 2Q 2022) Second quarter 2023 results: EPS: €0.12 (up from €0.048 in 2Q 2022). Revenue: €15.4m (up 19% from 2Q 2022). Net income: €2.31m (up 142% from 2Q 2022). Profit margin: 15% (up from 7.4% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Annuncio • Jul 28
AS Tallinna Vesi Appoints Gerlikivisoo as Member of Audit Committee According to the resolution adopted by the Supervisory Council of AS Tallinna Vesi on 27/07/2023, GerliKivisoo, an independent member of the Council, has been elected as a member of the AuditCommittee of the Company. Gerli Kivisoo's term as a member of the Supervisory Council of AS Tallinna Vesi started on 02/06/2023. Gerli Kivisoo has no shareholding in AS Tallinna Vesi. The Audit Committee of AS Tallinna Vesi is a body formed by the Supervisory Council to advise the Supervisory Council on issues related to the exercise of supervision. Members of the Committee are elected for 3 years and they are not remunerated. Upcoming Dividend • Jun 12
Upcoming dividend of €0.33 per share at 2.7% yield Eligible shareholders must have bought the stock before 19 June 2023. Payment date: 28 June 2023. Payout ratio is a comfortable 73% but the company is not cash flow positive. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (4.2%). Annuncio • Jun 10
Harju County Court Dismisses the Claim Submitted by Tallinn University of Technology against AS Tallinna Vesi Harju County Court passed on June 9, 2023 an interim judgement, dismissing the claim submitted by Tallinn University of Technology against AS Tallinna Vesi for the compensation of an allegedly overpaid price for the water services consumed. The claimant had joined the claims from various persons from 2011 to 2019 in the amount of EUR 743,854.70 plus the interests. Tallinna Vesi did not admit this claim and disputed it in full from the start, by affirming that the company has always acted legitimately and applied fair tariffs in accordance with the law in force. The interim judgement has not entered into force and the claimant can appeal it within 30 days as of receiving the interim judgement. Reported Earnings • Apr 30
First quarter 2023 earnings released: EPS: €0.17 (vs €0.14 in 1Q 2022) First quarter 2023 results: EPS: €0.17 (up from €0.14 in 1Q 2022). Revenue: €14.6m (up 21% from 1Q 2022). Net income: €3.50m (up 22% from 1Q 2022). Profit margin: 24% (in line with 1Q 2022). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has remained flat, which means it is well ahead of earnings. Reported Earnings • Jan 28
Full year 2022 earnings released: EPS: €0.42 (vs €0.81 in FY 2021) Full year 2022 results: EPS: €0.42 (down from €0.81 in FY 2021). Revenue: €54.6m (up 2.4% from FY 2021). Net income: €8.41m (down 48% from FY 2021). Profit margin: 15% (down from 30% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 2% per year, which means it is well ahead of earnings. Reported Earnings • Oct 30
Third quarter 2022 earnings released: EPS: €0.05 (vs €0.27 in 3Q 2021) Third quarter 2022 results: EPS: €0.05 (down from €0.27 in 3Q 2021). Revenue: €13.5m (down 1.0% from 3Q 2021). Net income: €957.0k (down 82% from 3Q 2021). Profit margin: 7.1% (down from 39% in 3Q 2021). Over the last 3 years on average, earnings per share has fallen by 27% per year but the company’s share price has increased by 4% per year, which means it is well ahead of earnings. Reported Earnings • Aug 02
Second quarter 2022 earnings released: EPS: €0.048 (vs €0.15 in 2Q 2021) Second quarter 2022 results: EPS: €0.048 (down from €0.15 in 2Q 2021). Revenue: €13.0m (flat on 2Q 2021). Net income: €957.0k (down 69% from 2Q 2021). Profit margin: 7.4% (down from 24% in 2Q 2021). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Annuncio • Jun 18
AS Tallinna Vesi Announces Dividend, Payable on 29 June 2022 AS Tallinna Vesi will close the list of shareholders for dividend payment on 21 June 2022 at the end of the working day of the settlement system. Proceeding from the above, the ex-date is 20 June 2022. From that date the new owner of the shares is not entitled to dividends for the year 2021. The company will pay dividend EUR 0.65 per A-share. Dividends are paid out to shareholders on 29 June 2022. Upcoming Dividend • Jun 13
Upcoming dividend of €0.65 per share Eligible shareholders must have bought the stock before 20 June 2022. Payment date: 29 June 2022. Payout ratio is on the higher end at 90%, and the cash payout ratio is above 100%. Trailing yield: 4.6%. Within top quartile of German dividend payers (4.4%). Higher than average of industry peers (3.8%). Reported Earnings • May 01
First quarter 2022 earnings released First quarter 2022 results: Revenue: €12.1m (up 2.3% from 1Q 2021). Net income: €2.88m (down 37% from 1Q 2021). Profit margin: 24% (down from 39% in 1Q 2021). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Annuncio • Apr 02
AS Tallinna Vesi Appoints Taavi Gröön as Chief Financial Officer, Effective May 23, 2022 As of May 23, Taavi Gröön will join the Management Board of AS Tallinna Vesi, taking up the position of the Company's Chief Financial Officer. Taavi has a long and diverse experience in financial management in various industries. Since 2018, he has acted as a Chief Financial Officer of the North Estonia Medical Centre. Prior to that, he was also the CFO of the energy company Adven Eesti and gained financial management experience from his years in SEB's corporate banking. Annuncio • Apr 01
AS Tallinna Vesi Appoints Taavi Gröön as Member of the Management Board, Effective May 23, 2022 As of May 23, Taavi Gröön will join the Management Board of AS Tallinna Vesi, taking up the position of the Company's Chief Financial Officer. Taavi has a long and diverse experience in financial management in various industries. Since 2018, he has acted as a Chief Financial Officer of the North Estonia Medical Centre. Reported Earnings • Jan 30
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: €0.81 (down from €0.84 in FY 2020). Revenue: €53.3m (up 3.0% from FY 2020). Net income: €16.2m (down 3.4% from FY 2020). Profit margin: 30% (down from 32% in FY 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 2.4%. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Annuncio • Nov 24
Harju County Court Accepts A Claim Brought by OÜ Salinee Against AS Tallinna Vesi for the Compensation of an Allegedly Overpaid Price for the Consumed Water Services Harju County Court has accepted a claim brought by OÜ Salinee on November 11, 2021 against AS Tallinna Vesi for the compensation of an allegedly overpaid price for the consumed water services, which Tallinna Vesi does not consider justified. The claimant has joined the claims from various undertakings from 2011 to 2019 in the amount of EUR 6,977,340.52 plus interests. In addition, the claimant has requested that the proceeding be suspended until a final ruling has been issued in the civil case pending before the Harju County Court, where nine undertakings claimed compensation of EUR 1.4 million in the same circumstances. The procedure is at a very early stage in the court of first instance and no hearing has taken place. In the Company’s opinion the current proceedings of action have no impact on the price of shares. Tallinna Vesi has always acted legitimately by applying fair tariffs imposed in accordance with the law in force. In Tallinna Vesi’s opinion, the claims are unfounded, and the Company disputes them in every way. Reported Earnings • Oct 30
Third quarter 2021 earnings released The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: €13.6m (up 2.5% from 3Q 2020). Net income: €5.34m (down 5.3% from 3Q 2020). Profit margin: 39% (down from 42% in 3Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Reported Earnings • Jul 31
Second quarter 2021 earnings released: EPS €0.15 (vs €0.008 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €13.0m (up 7.3% from 2Q 2020). Net income: €3.07m (up €2.92m from 2Q 2020). Profit margin: 24% (up from 1.3% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 7% per year whereas the company’s share price has increased by 11% per year. Upcoming Dividend • Jun 10
Upcoming dividend of €0.65 per share Eligible shareholders must have bought the stock before 17 June 2021. Payment date: 29 June 2021. Trailing yield: 4.4%. Within top quartile of German dividend payers (3.2%). Higher than average of industry peers (3.6%). Annuncio • May 04
AS Tallinna Vesi Approves Dividend for 2020, Payable on June 29, 2021 Supervisory Board of AS Tallinna Vesi has approved the dividend proposal to pay the shareholders a dividend of €0.65 per A-share for the financial year of 2020. The proposal will be submitted for approval to the Annual General Meeting of Shareholders on June 3, 2021. The share capital of the company consists of 20 million A-shares and 1 preference share i.e. B-share. On April 1, 2021, the shareholders of AS Tallinna Vesi adopted the resolution to give consent to the Company for the acquisition of one B share with the nominal value of EUR 60 from the City of Tallinn and to pay the City of Tallinn EUR 60 for the B-share. The acquisition of B-share by the company is completed and therefore no dividend payment will be made per B-share. Subject to approval at the Annual General Meeting, the dividend payment will be made on June 29, 2021 and the list of shareholders entitled to receive dividends is fixed based on the share ledger as at 23.59 on June 18, 2021. Reported Earnings • May 02
First quarter 2021 earnings released: EPS €0.23 (vs €0.28 in 1Q 2020) The company reported a poor first quarter result with weaker earnings, revenues and profit margins. First quarter 2021 results: Revenue: €11.8m (down 11% from 1Q 2020). Net income: €4.55m (down 18% from 1Q 2020). Profit margin: 39% (down from 42% in 1Q 2020). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Executive Departure • Apr 06
Member of the Supervisory Board has left the company On the 31st of March, Martin Padley's tenure as Member of the Supervisory Board ended after 6.4 years in the role. We don't have any record of a personal shareholding under Martin's name. A total of 4 executives have left over the last 12 months. Executive Departure • Apr 06
Chairman of the Supervisory Board Simon Gardiner has left the company On the 31st of March, Simon Gardiner's tenure as Chairman of the Supervisory Board ended after 10.3 years in the role. We don't have any record of a personal shareholding under Simon's name. A total of 4 executives have left over the last 12 months. Executive Departure • Apr 02
Chairman of the Management Board & CEO Karl Brookes has left the company On the 31st of March, Karl Brookes' tenure as Chairman of the Management Board & CEO of the company ended after 6.8 years in the role. We don't have any record of a personal shareholding under Karl's name. A total of 2 executives have left over the last 12 months. Under Karl's leadership, the company delivered a total shareholder return of 49%. Reported Earnings • Mar 28
Full year 2020 earnings released The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €51.7m (down 19% from FY 2019). Net income: €16.7m (down 40% from FY 2019). Profit margin: 32% (down from 44% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Reported Earnings • Jan 30
Full year 2020 earnings released The company reported a poor full year result with weaker earnings, revenues and profit margins. Full year 2020 results: Revenue: €51.7m (down 19% from FY 2019). Net income: €16.7m (down 40% from FY 2019). Profit margin: 32% (down from 44% in FY 2019). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 39% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Analyst Estimate Surprise Post Earnings • Jan 30
Revenue misses expectations Revenue missed analyst estimates by 3.9%. Over the next year, revenue is forecast to grow 5.6%, compared to a 8.1% growth forecast for the Water Utilities industry in Germany. Annuncio • Jan 29
AS Tallinna Vesi (TLSE:TVEAT) acquired ASTV Green Energy OÜ. AS Tallinna Vesi (TLSE:TVEAT) acquired ASTV Green Energy OÜ on January 28, 2021.
AS Tallinna Vesi (TLSE:TVEAT) completed the acquisition of ASTV Green Energy OÜ on January 28, 2021. Is New 90 Day High Low • Jan 26
New 90-day high: €14.30 The company is up 14% from its price of €12.50 on 27 October 2020. The German market is up 16% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Water Utilities industry, which is down 3.0% over the same period. Is New 90 Day High Low • Jan 07
New 90-day high: €13.45 The company is up 8.0% from its price of €12.45 on 09 October 2020. The German market is also up 8.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Water Utilities industry, which is down 1.0% over the same period. Is New 90 Day High Low • Dec 08
New 90-day high: €13.40 The company is up 9.0% from its price of €12.35 on 09 September 2020. The German market is up 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Water Utilities industry, which is flat over the same period. Reported Earnings • Oct 30
Third quarter earnings released Over the last 12 months the company has reported total profits of €22.3m, up 1.9% from the prior year. Total revenue was €54.7m over the last 12 months, down 14% from the prior year.