The economic performance of NASDAQ OMX Tallinn in 2009
The general meeting of shareholders of the NASDAQ OMX Tallinn group approved the annual report for 2009, indicating a profit of EEK 15.1 million.
The consolidated economic performance of NASDAQ OMX Tallinn was mostly influenced last year by low trading activity due to the weakness of international financial markets, and the after-effects of the significant fall of the market value of publicly traded companies in 2008. The group’s performance was positively influenced by income received for consulting provided for the Armenian pension reform.
The business income of NASDAQ OMX Tallinn decreased by 3%, reaching EEK 63 million in 2009 (in 2008: EEK 65 million). The consolidated net profit of the group in 2009 was EEK 15.1 million (in 2008: EEK 20.4 million).
The net profit margin in 2009 was 24% (in 2008: 31%). The results have been consolidated and audited.
NASDAQ OMX Tallinn employed 46 employees last year, 6 of which were on parental leave. The number of the group’s employees decreased by 5% as compared to the previous period. Income per employee was EEK 1.37 million (in 2008: EEK 1.35 million), profit per employee was EEK 329 000 (in 2008: EEK 425 000).
NASDAQ OMX Tallinn is a leading company on the Estonian securities market, mediating the administration of the environment necessary for trading in securities, settlement of transactions in securities, listing of companies, management of the Central Register of Securities and the Funded Pension Register in Estonia.
NASDAQ OMX Tallinn belongs to the world’s largest stock exchange group NASDAQ OMX Group, Inc.