Tallinna Sadam AS (OTSE:TSM1T)
€ 1.1 0.008 (0.73%) Market Cap: 289.30 Mil Enterprise Value: 437.32 Mil PE Ratio: 18.33 PB Ratio: 0.76 GF Score: 68/100

Q4 2023 Tallinna Sadam AS Earnings Call Transcript

Feb 28, 2024 / 09:00AM GMT
Release Date Price: €1.14 (+2.70%)
Valdo Kalm
Tallinna Sadam AS - Chairman of the Management Board, Chief Executive Officer

Good morning, ladies and gentlemen. My name is Valdo Kalm. I am in charge of Tallinna Sadam Group. And Andrus Ait, our CFO. We would like to present results from Q4 and the month. And I would like to start the main events and then we will -- from last year and then we will move to the Q4.

Last year, we have seen quite a good recovery of our [passenger] business. We reached 8 million by the end of the year. Retail of good cooperation with operators. And Victoria I, the ship from Tallink also started the Finnish route. It's a different business model, but very, very helpful for us.

And of course, we're aiming to reach the pre-COVID level after a certain period, that was EUR10 million. And then we signed agreement, and we started construction of Paldiski offshore wind farm quay. And that's very important growth projects for the future. We basically entering with that to the new business area or to the value chain of green energy transaction. And everything is moving as planned. The construction is

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