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 months of 2019, when the sales revenue was 524.6 million euros. The Group’s consolidated unaudited net profit of the third quarter of 2020 was 7.4 million euros,

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Restructuration of the Group and establishment of subsidiaries

With the aim of reorganising the structure of the companies of Tallinna Kaubamaja Grupp, splitting up retail sale and wholesale of beauty products and footwear into separate companies, and developing financial services that support retail trade, the Group’s subsidiaries will be restructured and three new subsidiaries will be established as set out below.

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Unaudited 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 months of 2019, when the sales revenue was 344.9 million euros. The Group’s consolidated unaudited net profit of the second quarter of 2020 was 5.8 million euros, w

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Acquisition 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 euros (it consists of 984,239 shares with the nominal value of 1 euro).

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Unaudited 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 million euros). The loss in the first quarter of 2019 was 2.2 million euros, including 6.5 million euros of income tax. The pre-tax profit w

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Prolongation 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.

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Decisions 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.

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Unaudited 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 the fourth quarter of 2019, the Group’s unaudited consolidated net profit was 14.1 million euros, which was 22.0% higher than the profit of the

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Unaudited consolidated interim accounts for the third quarter and first nine months of 2019

In the third quarter of 2019, the unaudited consolidated sales revenue of Tallinna Kaubamaja Group was 179.9 million euros, exceeding the result of the previous year by 8.3%. The sales revenue generated in nine months was 525.4 million euros, showing a growth of 5.3% compared to the first nine months of 2018, when the sales revenue was 498.8 million euros. In the third quarter of 2019, the Group’s unaudited consolidated net profit was 10.9 million euros, which is 10.4% higher of the profit earne

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Unaudited consolidated interim accounts for the second quarter and first six months of 2019

In the second quarter of 2019, the unaudited consolidated sales revenue of the Tallinna Kaubamaja Group was 181.7 million euros, exceeding the results of the previous year by 4.5%. The sales revenue of the first half-year was 345.4 million euros, showing a growth of 3.9% compared to the first half-year of 2018, when the comparable sales revenue was 332.6 million euros. In the second quarter of 2019, the Group’s unaudited consolidated net profit was 8.4 million euros, which was 9.2% lower than th

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