Tallinna Vesi’s fourth-quarter sales reached €18.9 million
Globenewswire·2026-02-06 07:10

Core Insights - AS Tallinna Vesi reported a 5.9% increase in sales for Q4 2025, reaching €18.9 million, primarily driven by price changes related to investments [1] - The company invested €18.6 million in Q4 2025, a 15.6% increase from the previous year, with total investments for the year amounting to €56 million [1][4] - The company maintained high water quality, meeting 99.9% of quality requirements, and reported a net profit of €4.51 million for Q4 2025, an increase of €0.36 million year-on-year [3][4] Financial Performance - Revenue from water services increased by 7.3% year-on-year to €16.33 million, with a notable rise in private customer services [3] - The annual return on assets was 4.2%, with net profit margins improving to 23.84% in Q4 2025 [4][19] - The company’s gross profit for Q4 was €7.93 million, reflecting a 7.3% increase compared to the previous year [18] Operational Highlights - The company rehabilitated and constructed 45.1 kilometers of pipes, with 22 kilometers using environmentally friendly no-dig methods [8] - In wastewater treatment, significant upgrades were completed, including the installation of primary and secondary screens, with investments totaling €15.3 million in 2025 [7] - The water loss rate in the distribution network improved to 11.87%, down from 12.67% the previous year [13] Customer and Community Engagement - Over 80% of customers have been equipped with smart meters, enhancing leak detection and customer service [14] - The company participated in community events to raise awareness about the benefits of fresh tap water and environmental protection [15] - Tallinna Vesi was awarded the title of Green Company of the Year, highlighting its commitment to sustainability [16] Strategic Initiatives - The company is focused on future-proofing its infrastructure while ensuring affordable water services for consumers [6] - Ongoing projects include the reconstruction of the ozonation stage at the water treatment plant and the development of a stormwater scheme for the Mustamäe area [6][11] - The company is analyzing technologies to mitigate the impact of natural events on water supply and improve customer service [2]