Tallinna Kaubamaja stock holds as 2026 earnings set the tone

Published on 09/23/2026 at 07:00 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Tallinna Kaubamaja stock is priced at EUR 9.20 on September 23, 2026. First-half 2026 EBITDA reached EUR 17.4 million, up 8.1 percent year on year.

Tallinna Kaubamaja, EE3100021985, Illustration mit AI erstellt.

Tallinna Kaubamaja stock (ISIN EE3100021985) was priced at EUR 9.20 on the Nasdaq Tallinn exchange on September 23, 2026. The latest reported operating figure is first-half 2026 EBITDA of EUR 17.4 million, compared with EUR 16.1 million in the same period of 2025.

First half delivers higher EBITDA

The group reported revenue of EUR 519.2 million for the first half of 2026, up from EUR 497.8 million in the first half of 2025. EBITDA increased by EUR 1.3 million to EUR 17.4 million over the same reporting period, giving investors a quantified comparison between sales growth and operating earnings.

Tallinna Kaubamaja reported these first-half 2026 figures in September 2026. The operating change matters because the EUR 21.4 million revenue increase was accompanied by a EUR 1.3 million EBITDA gain rather than a decline in operating earnings.

Valuation remains tied to retail execution

At EUR 9.20 on September 23, 2026, the share price provides the current market reference for the Tallinn listing. The first-half revenue increase of EUR 21.4 million and EBITDA increase of EUR 1.3 million frame the central operating question for the stock: whether sales growth can continue to translate into higher profitability.

The company combines department-store, supermarket, automotive and beauty-related activities, so group-level EBITDA can conceal different performance trends between divisions. For investors, the comparison between EUR 519.2 million of first-half revenue and EUR 17.4 million of EBITDA is more informative than revenue alone because it links the trading performance to operating earnings.

Stock stays at EUR 9.20

Tallinna Kaubamaja stock stood at EUR 9.20 on Nasdaq Tallinn as of September 23, 2026. The same-day market value is best read alongside first-half 2026 revenue of EUR 519.2 million and EBITDA of EUR 17.4 million, with both operating figures higher than in the first half of 2025.