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Tallinna Vesi Profit Jumps 8% Amid Major Infrastructure Investment
Estonia's largest water utility, Tallinna Vesi, announced a net profit of 4.5 million euros for the fourth quarter of 2025, a significant increase its CEO credited to adjustments in water service prices and enhanced operational efficiency.
- —Tallinna Vesi reported a 6% increase in sales revenue and an 8% rise in net profit for the fourth quarter of 2025 compared to the same period in the previous year.
- —The company's CEO, Aleksandr Timofejev, attributed the growth to changes in water service prices and improved operational efficiency.
- —In the fourth quarter of 2025, Tallinna Vesi's sales revenue reached 18.9 million euros, with net profit totaling 4.5 million euros.
- —Investment volume for the period increased by 15.6% year-on-year, reaching 18.6 million euros.
- —The company is on track to complete the installation of smart water meters for over 80% of its clients by the end of 2026.
Recap
Tallinna Vesi's Q4 results demonstrate a successful strategy of leveraging price adjustments for immediate profit growth while simultaneously funding a significant, long-term infrastructure modernization program. The parallel increases in profit and investment suggest a financially stable utility managing its dual obligations to shareholders and public service, with the smart meter rollout signaling a commitment to future operational efficiency.