Tallinna Vesi
Net sales of AS Tallinna Vesi has increased, operating profit remains stable
DGAP-News: Tallinna Vesi / 25.07.2014 / 08:35 --------------------------------------------------------------------- AS Tallinna Vesi's 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 Company's 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 News Source: NASDAQ OMX End of Corporate News --------------------------------------------------------------------- 25.07.2014 Dissemination of a Corporate News, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------- Language: English Company: Tallinna Vesi Estonia ISIN: EE3100026436 End of News DGAP News-Service --------------------------------------------------------------------- 279348 25.07.2014
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