TVEAT H1 2010 Update and Comment, Target Price 07/28/10
- H1 2010 NET PROFIT BEFORE TAX REMAINED AT THE SAME LEVEL AS YEAR AGO;
- BUSINESS ACTIVITY REMAINS STABLE;
- NO GROWTH IN LONG-TERM;
- PRESIDENT DID NOT PROCLAIM CHANGES;
- BBA INVESTMENT RATING
10 pages
This report provides analyst comment on company’s latest events and performance. Report contains target price, forecast on business risk (short-, mid-, and long-term) and growth possibilities (long-term) of the company, providing reader with necessary information to make decisions. Key reasons to read this report:
- Report contains only relevant information, leaving out excessive data.
- Understand company’s opportunities, competitive situation and business risk.
- Understand which events influence company performance.
- Understand which events influence the situation of industry.
- Independent analyst comment and opinion.
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Contents:
- SHARE PRICE BECAME MORE UNDERESTIMATED; - H1 2010 NET PROFIT BEFORE TAX REMAINED AT THE SAME LEVEL AS YEAR AGO;
- BUSINESS ACTIVITY REMAINS STABLE;
- NO GROWTH IN LONG-TERM;
- PRESIDENT DID NOT PROCLAIM CHANGES;
- BBA INVESTMENT RATING
10 pages
This report provides analyst comment on company’s latest events and performance. Report contains target price, forecast on business risk (short-, mid-, and long-term) and growth possibilities (long-term) of the company, providing reader with necessary information to make decisions. Key reasons to read this report:
- Report contains only relevant information, leaving out excessive data.
- Understand company’s opportunities, competitive situation and business risk.
- Understand which events influence company performance.
- Understand which events influence the situation of industry.
- Independent analyst comment and opinion.
This report will become available for purchase after you register and log in
Price for this Report: €70 / $100
Price for 30-days Unlimited Report Access (subscription includes all our reports): €30 / $50
Price for 30-days Unlimited Report Access for Enterprises (full access for all users at Your Company):
starting from €350 / $500. For Enterprise Access, please contact us.
Tallinna Vesi is the largest water utility in Estonia, providing drinking water and wastewater disposal services to over 400 000 people in Tallinn and in several of the neighboring municipalities, and has exclusive rights to operate this service until 2020. The Company operates a 2,000 km2 catchment area to collect raw water, and owns and operates the full range of assets required to treat and supply water and collect and dispose of wastewater and stormwater. The Company is IS09001, ISO14000, ISO 17025 and EMAS accredited. Tallinna Vesi is a classic example of a company transforming itself from a 100% owned municipal water company, through a privatisation in 2001, to a listing on the Tallinn Stock Exchange in June 2005. The Company is at present owned 35.4% by UU Tallinn B.V, 34.6% by the City of Tallinn with 30% in free float. The company’s main attractions are visibility of earnings as tariffs are agreed up to 2010 and the opportunity to grow through expansion into the areas surrounding Tallinn.
Q2 2009
Q1 2009
2008 audited
2007 audited
Q2 2009
Q1 2009
2008 audited
2007 audited
Latest News
Tallinna Vesi`s (TVEAT) H1 2010 Net Profit Before Tax Remained At The Same Level As Year Ago
During the first six months of 2010 the Company’s total sales increased, year on year, by 1.4% to 387 million EEK
During the first six months of 2010 the Company’s total sales increased, year on year, by 1.4% to 387 million EEK
Sales Of Tallinna Vesi (TVEAT) In 2009 Grew By 7.3%
During the twelve months of 2009 the Companys total sales increased, year on year, by 7.3% to 772.4 million EEK.
During the twelve months of 2009 the Companys total sales increased, year on year, by 7.3% to 772.4 million EEK.
TALLINNA VESI ON THE RISE
During the first nine months of 2009 the TV’s sales increased, year on year, by 6.2% to 36.5 mln EUR.
During the first nine months of 2009 the TV’s sales increased, year on year, by 6.2% to 36.5 mln EUR.
PROFIT FALLS DUE TO LOAN EXPENSES
During the first six months of 2009 Tallinna Vesi´s total sales increased, year on year, by 3.6% to 24.4 mln EUR.
During the first six months of 2009 Tallinna Vesi´s total sales increased, year on year, by 3.6% to 24.4 mln EUR.
