Unaudited consolidated interim accounts for the third quarter and first nine months of 2020
In the third quarter of 2020, the consolidated unaudited sales revenue of Tallinna Kaubamaja Grupp was 194.2 million euros, which was 8.1% higher than the sales revenue of the same period in 2019. The sales revenue in the first nine months was 540.7 million euros, which was a 3.1% increase in comparison with the result of the first nine...
Read moreRestructuration of the Group and establishment of subsidiaries
Tallinna Kaubamaja Grupp AS published a stock exchange notice on 20 July 2020 announcing the restructuring of Tallinna Kaubamaja Grupp and the establishment of subsidiaries. We hereby provide an overview of the progress of the restructuring process and announce a mandate extension of a member of the management board of KIA Auto AS, our subsidiary, for a new term....
Read moreUnaudited consolidated interim accounts for the second quarter and first six months of 2020
In the second quarter of 2020, the consolidated unaudited sales revenue of Tallinna Kaubamaja Grupp was 171.0 million euros, which was 5.8% less than the sales revenue of the same period in 2019. The sales revenue in the first six months was 346.5 million euros, which was a 0.5% increase in comparison with the result of the first six...
Read moreAcquisition of the Shares of ABC Supermarkets AS
Today, on April 27th 2020, Selver AS a subsidiary of Tallinna Kaubamaja Grupp AS, has entered into an agreement to acquire 100% of the shares of ABC Supermarkets AS. The transaction shall be completed after obtaining the necessary permissions from the Competition Authority and performing other additional procedures. The nominal value of the shares of ABC Supermarkets AS is 984,239...
Read moreCOVID-19 implications for Tallinna Kaubamaja Grupp AS business
On 12 March, the Government of the Republic declared an emergency situation due to the global pandemic spread of the coronavirus, which causes the disease known as COVID-19, the detection of the spread of the virus within Estonia and the high probability of its further spread, and the resulting risk of mass infection. As of 27 March, additional restrictions...
Read moreUnaudited consolidated interim accounts for the first quarter of 2020
In the first quarter of 2020, the unaudited consolidated sales revenue of Tallinna Kaubamaja Group was 175.5 million euros. The growth was 7.4% compared to the first quarter of 2019, when the comparable sales revenue was 163.4 million euros. The net loss of the reporting period was 1.7 million euros, influenced by the income tax calculated on dividends (5.8...
Read moreProlongation of authorities of members of the Supervisory Board of Selver AS and Kulinaaria OÜ
Tallinna Kaubamaja Grupp AS has resolved as the sole shareholder to prolong the authorities of all members of the Supervisory Board of Selver AS for another 3-year term as of 22 April 2020. The members of the Supervisory Board of Selver AS are Andres Järving (Chairman of the Supervisory Board), Enn Kunila, Jüri Käo and Raul Puusepp. Read more: Prolongation...
Read moreDecisions of the annual general meeting of shareholders of Tallinna Kaubamaja Grupp AS 20.03.2020
The Annual General Meeting of Shareholders of Tallinna Kaubamaja Grupp AS was held on 20 March 2020 in the Conference centre of Nordic Hotel Forum, Viru väljak 3, Tallinn. 29,064,495 votes, i.e. 71.36% of the Company`s 40,729,200 votes were represented at the meeting. 37 shareholders were represented at the meeting. Read more: Decisions of the annual general meeting of shareholders...
Read moreAudited annual report 2019
The Supervisory Board of Tallinna Kaubamaja Grupp AS approved today, on 25 February 2020 the annual report and profit allocation proposal for the year 2019 of Tallinna Kaubamaja Grupp AS. The Supervisory Board decided to present the annual report and profit allocation proposal as prepared by the management for the approval of the general meeting of shareholders. The revenues...
Read moreUnaudited consolidated interim accounts for the fourth quarter and twelve months of 2019
In the fourth quarter of 2019, the unaudited consolidated sales revenue of Tallinna Kaubamaja Group was 192.6 million euros, exceeding the results of the previous year by 5.6%. The sales revenue of twelve months was 717.2 million euros, showing a growth of 5.3% compared to the result of 2018, when the comparable sales revenue was 681.2 million euros. In...
Read more