Sales results for the 4th quarter and 2015

The consolidated unaudited sales revenue of the Tallinna Kaubamaja Group in 2015 was 555.5 million euros, having grown by 3.8% compared to the result of 2014, when the sales revenue was 535.0 million euros. In the 4th quarter, the group’s sales revenue was 153.0 million euros, which is 5.1% more than the sales revenue earned the year before. Revenue growth was in line with the Group's expectations.

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Reporting calendar in 2016

In 2016, the consolidated financial results of Tallinna Kaubamaja Grupp AS will be published on the following dates after the closing of market...

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Decision of the Administrative Court on the advertisement-tax refund claim in Tallinn

On 25 August 2014, Tallinna Kaubamaja Grupp AS published a stock exchange release on the claims for the advertisement tax refund. On 11 February 2015 and 21 May 2015, we announced the court’s judgements on the advertisement tax paid in Pärnu and Tartu.

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Renewal of the sales premises of Tallinna Kaubamaja

Kaubamaja AS, the subsidiary of Tallinna Kaubamaja Grupp AS, operates a traditional full-scale department store that includes the sales of fashion, food, home, beauty and children’s goods. Sales premises of Kaubamaja AS are located in Tallinn and Tartu. Kaubamaja AS has launched activities for the refurbishment of the Tallinn sales premises built in 1960, and according to plan, this will result in a completely renewed, a significantly larger city and shopping environment compared to the existing

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Unaudited consolidated interim accounts for the third quarter and nine months of 2015

The unaudited consolidated sales revenue of Tallinna Kaubamaja Grupp in the 3rd quarter of 2015 was 139.8 million euros, exceeding the year-on-year sales revenue by 4.9%. The sales revenue in the first nine months was 402.6 million euros, an increase of 3.3% compared to the nine-month results in 2014, when the sales revenue was 389.5 million euros.

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Tallinna Kaubamaja Group is Estonia’s most competitive retail enterprise in 2015

On 8th of October Estonian Chamber of Commerce and Industry and Estonian Employers’ Confederation announced the most competitive enterprises in Estonia. Tallinna Kaubamaja Group won the high recognition once again and was announced as the most competitive retail enterprise in 2015.

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Prolongation of authorities of members of the Supervisory Board of KIA Auto AS

TKM Auto OÜ, subsidiary of Tallinna Kaubamaja Grupp AS, has resolved as the sole shareholder to prolong the authorities of all members of the Supervisory Board of KIA Auto AS for another 3-year term as of 22 September 2015.

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Opening of the Viimsi Centre

Tallinna Kaubamaja Grupp AS published a stock exchange announcement on 16 September 2014, notifying of the establishment of a new shopping and entertainment centre in Viimsi. Today, on 13 August 2015, the largest leisure and shopping centre in the area, the 14,000 square metre Viimsi Centre, referred to in the abovementioned stock exchange announcement will be opened for visitors.

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Judgement of the Tallinn Administrative Court concerning the sales tax refund claims of Selver AS and Kaubamaja AS

On 11 August 2014, Tallinna Kaubamaja Grupp AS released a stock exchange announcement, informing that its subsidiaries are requesting the return of sales tax paid in Tallinn during the period of 1 June 2010 to 31 December 2011 in the total amount of 3.27 million euros.

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Unaudited consolidated interim accounts for the second quarter and first six months of 2015

The unaudited consolidated sales revenue of the 2nd quarter of 2015 of Tallinna Kaubamaja Group was 139.3 million euros, which exceeded the year-on-year sales revenue by 1.9%.

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