OREANDA-NEWS. The Supervisory Council of AS Tallinna Vesi approved the audited financial results for the year 2014. The financial results remained unchanged compared to the preliminary disclosure on 30th of January 2015.

The Group’s sales revenues for 2014 have been relatively flat compared to 2013, increasing 0.3% to 53.24 million euros.

The operating profit from the Group’s main business increased by 0.1% to 24.54 million euros compared to the previous year. Increase in revenues is eliminated by the increase in administration costs, which in itself were highly impacted by higher legal charges related to ongoing tariff dispute.

Audited financial results for the year 2014 have been included as an attachment to this announcement.