On 27 July 2018 Eesti Energia will publish its Q2 2018 results. Introducing the results for investors will take place on 27 July at 11:00 London time, 12:00 Frankfurt time and 13:00 Tallinn time.

Eesti Energia has on 28 June 2018 signed credit facilities in total amount of 300 million EUR. The facilities were signed on bilateral basis with three regional banks including Swedbank (150 million EUR), OP Corporate Bank (100 million EUR) and SEB (50 million EUR). The term of the facilities is three years. The facilities were signed to provide additional liquidity for Eesti Energia in view of the recently announced acquisition of 4Energia and upcoming bond maturity in October 2018. Additionally, part of the facilities will function as back-up liquidity buffer.

Mr Andres Sutt, Member of Management Board of Eesti Energia has resigned from his position. The Supervisory Council is expected to approve his removal from the Board effective from 22 June 2018. Mr Sutt has been responsible for the Client Services business area since December 2017. The responsibilities of Mr Sutt will be divided between existing Members of the Board. The Management Board of Eesti Energia will now include four members: Hando Sutter (as the Chairman of the Management Board and Chief Executive Officer), Andri Avila (Chief Financial Officer), Margus Vals (Chief Development Officer) and Raine Pajo (Chief Operations Officer).

On 29 May 2018 Eesti Energia AS's fully owned subsidiary Enefit Green AS as the buyer, and Vardar Eurus AS and minority shareholders as the sellers entered into a Share Purchase Agreement regarding all the shares in Nelja Energia AS, a renewable energy producer and developer in the Baltic countries. The transaction remains subject to approval by the County Executive Board of Buskerud County Administration, and customary approvals and clearances by relevant competition authorities.

The sales revenues of Eesti Energia Group amounted to EUR 228.6 million in the first quarter of 2018 (+6.2% year-on-year). Group EBITDA reached EUR 76.8 million (-11.2% year-on-year). The Group’s net profit equalled EUR 40.5 million in the first quarter of 2018 (-16.1% year-on-year).

On 27 April 2018 Eesti Energia will publish its Q1 2018 results. Introducing the results for investors will take place on 27 April at 11:00 London time, 12:00 Frankfurt time and 13:00 Tallinn time.

The sales revenues of Eesti Energia Group amounted to EUR 753.9 million in the financial year of 2017 (+1.6% compared to 2016). Consolidated EBITDA totalled EUR 264.2 million (-19.3% compared to 2016). The decline in the Group’s EBITDA on annual comparison primarily reflects certain one-off items. The Group’s net profit totalled EUR 100.8 million (compared to EUR 171.0 million in 2016).

The sales revenues of Eesti Energia Group amounted to EUR 157.6 million in the third quarter of 2017 (-7.6% year-on-year). Group EBITDA reached EUR 54.1 million (+3.2% year-on-year). The Group’s net profit equalled EUR 16.2 million in the third quarter of 2017 (+21.9% year-on-year).

On 31 October 2017 Eesti Energia will publish its Q3 2017 results. Introducing the results for investors will take place on 31 October at 11:00 London time, 12:00 Frankfurt time and 13:00 Tallinn time.

The sales revenues of Eesti Energia Group amounted to EUR 177.5 million in the second quarter of 2017 (+19.3% year-on-year). Group EBITDA equalled EUR 63.9 million (+17.1% year-on-year). The Group’s net profit totalled EUR 13.1 million in the second quarter of 2017 (-13.5% year-on-year).

On 28 July 2017 Eesti Energia will publish its Q2 2017 results. Introducing the results for investors will take place on 28 July at 11:00 London time, 12:00 Frankfurt time and 13:00 Tallinn time.

Eesti Energia Supervisory Council has appointed Mr Mait Palts as new member of Eesti Energia Audit Committee. The Audit Committee now consists of four members.

The Supervisory Council of Eesti Energia has resolved to extend the term of the service contract of Mr. Hando Sutter, the Chairman of Eesti Energia’s Management Board by two years. The contract is now effective until 30 November 2019.