Tallinna Sadam

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Third party research

Tallinna Sadam: A bit of a slow start to the year - Nordea

Tallinna Sadam's net sales were close to our expectations, but adjusted EBITDA came in below our forecast in Q1. The adjusted EBITDA margin was 41% (49%). Weakness came especially from the Ferry segment, in which icy conditions increased fuel consumption...

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Third party research

Tallinna Sadam: New quay in Paldiski starts operations - Nordea

The share price has come up by 24% over the past three months. Improving economic activity and speculation regarding peace in Ukraine could be the main reasons for the share price development. In addition, the new quay in Paldiski was ready in February...