Tallinna Sadam Invites Investors to Q4 2024 Results Webinar

Tallinna Sadam AS, one of the largest cargo- and passenger port complexes in the Baltic Sea region, has announced an invitation to its investor conference webinar for the unaudited results of Q4 2024. The webinar is scheduled for February 28, 2025, with two sessions available: one in Estonian starting at 10:00 EET and another in English starting at 11:00 EET. The Chairman of the Management Board, Valdo Kalm, and the Member of the Management Board/CFO, Andrus Ait, will be presenting the results and answering questions from investors.



The company has experienced a challenging year, with revenue and profit growth being affected by the Russian-Ukrainian war and the general economic downturn. However, Tallinna Sadam has managed to maintain its profitability and pay dividends to shareholders. In Q4 2023, both adjusted EBITDA and profit increased by 16% and 75%, respectively, driven by lower operating expenses, longer charter periods for the icebreaker Botnica, and a decrease in depreciation, amortization, and impairment.

Tallinna Sadam's strategy of cost savings and new growth projects, such as the offshore wind farms quay and real estate development, has contributed to its financial performance. The company has focused on cost savings while preparing and launching new growth projects, which has helped maintain its profitability and dividend payouts. Additionally, Tallinna Sadam has continued to invest during the economic downturn to be ready to offer the required amount of service and grow during the new high tide.



Investors are encouraged to participate in the webinar and ask questions about Tallinna Sadam's Q4 2024 results and its future outlook. The company's management team will be available to provide insights and answer questions, ensuring that investors have the information they need to make informed decisions about their investments in Tallinna Sadam.

Don't miss this opportunity to engage with Tallinna Sadam's management team and learn more about the company's performance and growth prospects. Register for the webinar today and join the conversation!