Financial Results - The Supervisory Council of AS Tallinna Vesi approved the audited annual report for 2024, which will be submitted to the Annual General Meeting of Shareholders for approval. The fourth-quarter sales were €17.67 million, unchanged from the unaudited results published earlier [1] Dividend Policy - Tallinna Vesi has established a dividend policy that aims to provide clarity to investors, proposing to distribute 50–80% of the annual profit as dividends. The actual amount is determined annually based on earnings, investment needs, liquidity, and long-term financial goals [2] Dividend Proposal - The Management Board proposes to distribute €0.53 per share as dividends for 2024, which represents 80% of the net profit for the year. The total amount to be distributed as dividends is €10,600 thousand from the consolidated retained earnings of €82,141 thousand as of 31/12/2024 [3][4][5] - The record date for shareholders entitled to dividends is set for 10/06/2025, with the ex-day on 09/06/2025. Dividends will be paid on 17 June 2025 [3]
Tallinna Vesi’s Supervisory Council approved the annual report for 2024 and the dividend proposal
GlobeNewswire·2025-04-25 08:04