)
Visual
test
AS Tallinna Sadam
AS Tallinna Sadam (TSM1T) investor relations material
AS Tallinna Sadam Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary10 Nov, 2025
Executive summary
Q3 2025 saw an 8% increase in cargo volumes and a 1.4% rise in passenger numbers, with eight new cruise vessels, including Ritz-Carlton Yacht Collection, making first visits.
Revenue increased by 1.5% in Q3 to €31.7 million, mainly from higher vessel queues and passenger fees, while adjusted EBITDA rose by 16.7% to €15.5 million.
Profit for Q3 was €8.6 million, up 54% year-over-year, supported by lower net financial costs and improved operational efficiency.
For the nine-month period, profit increased by 27% to €18.9 million, with adjusted EBITDA up 10.8% and margin exceeding 50%.
Notable legal events included a cassation appeal in a criminal case and the bankruptcy of MPG AgroProduction OÜ.
Financial highlights
Q3 revenue: €31.7 million (+1.5% year-over-year); adjusted EBITDA: €15.5 million (+16.7%).
Q3 operating profit: €9.6 million (+33%); profit for the period: €8.6 million (+54%).
Nine-month revenue decreased by 1.4% to €89.5 million, mainly due to lower Botnica utilization, but offset by cargo and passenger port growth.
Nine-month profit: €18.9 million (+27%); investments: €20.8 million, mainly in port infrastructure and vessel maintenance.
Dividend of €0.073 per share (€19.2 million total) paid, equal to 100% of prior year profit.
Outlook and guidance
Passenger numbers expected to continue rising, especially in cruise segment with first-time November and December ship calls.
Multifunctional quay in Paldiski South Harbor to be ready in Q1 next year, targeting onshore/offshore wind farm service and general cargo.
Cruise market outlook for summer 2026 is positive, with 20% more ship calls already booked.
New vessel investment decision postponed due to volatile offshore wind market demand.
Dividend policy targets at least 70% of prior year profit, subject to market and liquidity conditions.
Paldiski quay ROI given offshore market volatility?
What is the timeline for first real estate tenders?
Botnica's next year charter outlook?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Latest summaries
- TimeTickerHeadlineOpen
- S68
Record revenue, strong segment growth, and a robust IPO pipeline drive positive outlook. - 4183
Lower sales and profits prompt revised guidance and major capital actions, including a stock split. - BN4
Net profit up 39% in new model, record infrastructure earnings, and 38% higher dividends. - HEXT
CY25 revenue up 7.6% YoY, Q4 at $389M, with strong deal wins and AI-driven growth ahead. - 6723
Strong AI and industrial demand drive results; timing business sold for $3B; inventory targets raised. - 4902
Operating profit rebounded sharply on cost controls and gains, despite lower revenue. - 032640
Net profit surged 61.9% YoY on strong wireless, broadband, and AIDC growth. - 6417
Strong pachinko sales drove revenue growth, with major treasury stock cancellation planned. - BPT
H1 FY26 revenue hit $1B, with strong gas prices and LNG cargoes offsetting lower production. - CPAY
Record 2025 results and 2026 outlook driven by strong segment growth and capital deployment.
Next AS Tallinna Sadam earnings date
Q4 202528 Feb, 2026
AS Tallinna Sadam
Next AS Tallinna Sadam earnings date
Q4 202528 Feb, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
AS Tallinna Sadam is a an operator in the Baltic Sea region, managing and developing port infrastructure while organizing vessel traffic within its port basins. The passenger harbors segment is focused on transportation between Estonia and countries like Sweden, Finland, and Russia, while the cargo harbors handle various types of goods, from bulk to containers and rolling stock cargo. Additionally, Tallinna Sadam's subsidiary, OÜ TS Laevad, offers ferry services connecting the Estonian mainland with its largest islands, and another subsidiary, OÜ TS Shipping, charters the multifunctional vessel "Botnica" for icebreaking and construction services in Estonia and offshore projects internationally. The company also has a stake in AS Green Marine, a joint venture engaged in waste management services. The firm is headquartered in Tallinn, Estonia, and its shares are listed on the Tallin Stock Exchange.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage