The Company’s total sales revenue for 2020 was €51.72 million, showing a decrease of 18.5% or €11.70 million year-on-year. Sales from water services decreased by 19.5% amounting to €45.80 million. Sales of construction services were €5.22 million, decreasing by 12.4%.
AS Tallinna Vesi’s 2020 operating profit was €21.78 million, decreasing by 32.1% or by €10.29 million compared to 2019. The change was mainly impacted by lower water services revenues from main service area because of new tariff valid from
Audited financial results for the year 2020 have been included as an attachment to current announcement and can be found on our webpage.
AS Tallinna Vesi
Head of Communications
(+372) 62 62 271
laura.korjus@tvesi.ee
Attachments
- AS Tallinna Vesi Annual Report 2020
- AS Tallinna Vesi Annual Report 2020_en
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