Tallinna Vesi's third-quarter sales reached €18.2 million

Core Insights - AS Tallinna Vesi reported third-quarter sales of €18.2 million, reflecting a 10.8% increase year-over-year, primarily driven by price adjustments necessitated by critical investments [1][4][5] - The company is focused on enhancing its infrastructure resilience and ensuring the continuity of vital water services while maintaining competitive pricing in Estonia [8][19] Financial Performance - The net profit for the third quarter was €4.96 million, an increase of €1.03 million compared to the same period last year, with a nine-month net profit of €9.76 million, up 6.9% year-over-year [6][24] - Revenue from water services rose by €1.35 million, influenced by a new pricing structure effective from May 1, which aims to harmonize service prices for private and business customers by July 2026 [5][24] Operational Highlights - The company completed significant stormwater receiving systems and installed generators at pumping stations to ensure service continuity [1][2] - Over 800 water samples were taken during the quarter, with drinking water quality meeting over 98% of standards [2][15] - The wastewater treatment operations exceeded statutory standards, with approximately 200 tonnes of solid waste and significant amounts of nitrogen and phosphorus removed from wastewater [14][24] Infrastructure Development - By the end of the third quarter, 32 kilometers of pipelines were rehabilitated or constructed, with nearly half using environmentally friendly no-dig techniques [10][12] - Major pipeline works commenced in various locations, including strategic stormwater systems and road constructions in collaboration with the City of Tallinn [11][12] Environmental Initiatives - The company provided approximately 3 million liters of tap water during the Song and Dance Celebration, preventing the production of tens of thousands of plastic bottles [3] - Tallinna Vesi is actively promoting consumer awareness regarding the benefits of fresh tap water and environmental protection through participation in various events [17][18] Customer Engagement - Smart meters have been installed for 79% of customers, allowing for better monitoring of water consumption and early leak detection [16] - The company opened 60 public drinking water taps across Tallinn for residents during the summer [18]