Tallinna Vesi AS Class A · OMXTSE:TVE1T
Tallinna Vesi AS Class A — AS Tallinna Vesi — Q3 2019 Earnings Presentation
9 slides from Tallinna Vesi AS Class A's earnings presentation, October 2019
Slide 1: AS Tallinna Vesi Results of the 3rd quarter of 2019
AS Tallinna Vesi Results of the 3rd quarter of 2019
Slide 2: Karl Heino Brookes, CEO and Riina Käi, CFO
Karl Heino Brookes CEO, Member of the Management Board Riina Käi CFO, Member of the Management Board
Slide 3: Operations Update
Operations Update Water quality Leakage rate Q3 98% compliant Q3 13.1% 9 months 99.1% compliant 9 months 12.5% Effluent Average duration of Fully compliant, no pollution incidents water interruption per property Q3 3.07 h (2018: 3.09 h) Customer satisfaction 9 months 2.83 h (2018: 3.18) Q3 4.2 out o
Slide 4: Tariff application
Tariff application • First tariff application February 2018, taken into proceedings May 2018 • 4 December 2018 CA did not approve the water and wastewater tariffs in Tallinn and Saue. • 2 September 2019 New tariff application to CA tariffs ca 20% lower on average • 18 October 2019 CA approved the ta
Slide 5: Financial highlights
Financial highlights Million EUR 18 16.5 16.5 16 14 12 10 8.6 8.9 7.3 7.5 7.1 7.3 8 6 4 2 0 Sales Gross profit Operating profit Net profit 2018 2019
Slide 6: Water & Wastewater revenues in 3rd quarter of 2019
Water & Wastewater revenues in 3rd quarter of 2019 Revenues, € million Volumes, million m3 7.0 2018 6.3 6.0 5.0 2018 5.3 4.0 6.4 5.3 3.0 2.0 2018 1.1 1.0 1.2 2018 0.0 0.1 0.0 Domestic W&S Commercial Outside area Outside area W&S W&S stormwater 2018 2019
Slide 7: Total costs in the 3rd quarter in 2019
Total costs in the 3rd quarter in 2019 9 months 9 months € million Q3 2019 Q3 2018 Change € Change % Change € Change % 2019 2018 Total Cost of Goods Sold (incl.) -7,6 -7,9 0,3 4,2% -21,3 -20,7 -0,6 -2,8% Water abstraction charges -0,3 -0,3 0,0 -4,0% -0,9 -0,9 0,0 -1,3% Chemicals -0,4 -0,5 0,0 10,0%
Slide 8: Cash position
Cash position 70,0.0 + 50,0.0 4 40,0.0 4 30,0.0 4 20,0.0 4 10,0.0 + 0.0 4 6L.€0 pue 49 Sulsueul4 Buljsenul Buljesadg 6L.€0 uado / 61,20 pua 49 Suloueul4 Sursaauy Bunjesadg 61.20 uado / 61,10 pua 49 Suloueul4 Suljsaau| Buljesadg Si/L0 uado /8},70 pue 49 Suloueul4 Suljsaau| Buljesadg 81.70 uado / 81.6
Slide 9: Thank you!
Regulatory & political questions Thank you! Karl Brookes Karl.Brookes@tvesi.ee IR & financial questions Riina Käi riina.kai@tvesi.ee Operational questions Aleksandr Timofejev aleksandr.timofejev@tvesi.ee Company ph., +372 62 62 200, E-mail tvesi@tvesi.ee