Teleste Q2 sales rise nearly 7% with orders up 46%, says economic recovery hits component supply

Thursday 12 August 2021 | 12:22 CET | News
Finnish company Teleste said second quarter net sales were up nearly 7 percent year on year and that incoming orders grew by 46 percent. The company said the worldwide economic recovery from the Covid-19 pandemic is affecting raw material availability, although it has been coping with this difficulty so far.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Categories: Fixed
Companies: Teleste
Countries: Finland / World
::: add a comment
This article is part of dossier


Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Teleste acquires Italian rail electronics firm Ermetris

Published 11 Jan 2022 10:34 CET | Italy
Finnish IT company Teleste has announced the acquisition of Ermetris, an Italian company specialising in rail electronics and ...

Teleste Q3 order backlog reaches record but delivery problems cause cut in FY sales guidance

Published 04 Nov 2021 12:56 CET | World
Finnish company Teleste has reported a 9.5 percent decrease in net sales for the third quarter to EUR 32.3 million from EUR 35.7 ...

Teleste appoints Harju as CEO

Published 04 Nov 2021 10:17 CET | World
Finnish company Teleste has appointed Esa Harju its new president and CEO. Harju will take up his post on 1 January, succeeding ...

Teleste wins contract for Tyne & Wear Metro

Published 14 Oct 2021 12:02 CET | United Kingdom
Finnish company Teleste said it will provide equipment to Stadler for the Tyne and Wear Metro transport authority Nexus in ...

Teleste brings out two Icon 1.8 GHz amplifiers for North American market

Published 07 Oct 2021 20:38 CET | North America
Finnish company Teleste said it is expanding its Icon product platform for the North American cable broadband market's ...

Teleste introduces new nodes for distributed access networks

Published 04 Jun 2021 09:27 CET | World
Teleste has added two new high-performance nodes to its offering of devices for distributed access networks. Distributed access ...

Kabelplus deploys Teleste's Remote PHY, video platform in Denmark

Published 03 Jun 2021 08:10 CET | Denmark
Danish operator Kabelplus deployed Teleste's Remote PHY and video platform. The deployment was carried out in cooperation with ...

Liberty, Virgin trial Teleste DAA network technology in UK

Published 15 Apr 2021 10:40 CET | United Kingdom
Liberty Global is testing Distributed Access Architecture (DAA) technology from Teleste in the UK to support the gigabit network ...

Teleste wins framework contract to supply screens for Danish railways

Published 13 Apr 2021 13:38 CET | Denmark
Finnish company Teleste said it has signed a framework agreement with Danish railway authority Banedanmark to supply up to 4,500 ...

Teleste to report EUR 3 mln as non-recurring income in Q1 but no effect on outlook

Published 23 Mar 2021 13:21 CET | World
Teleste said it will record a non-recurring item of EUR 3.2 million in other operating income in the first quarter of 2021, which ...

Teleste to provide onboard system to Alstom Coradia trains in Italy

Published 16 Mar 2021 11:27 CET | Italy
Finnish network specialist Teleste has been awarded a contract to provide its onboard public transport information system to ...

Teleste reports drop in Q4 net sales and EBIT as pandemic hits order placements

Published 11 Feb 2021 12:20 CET | World
Finnish network specialist Teleste has reported declines in fourth quarter net sales, incoming orders and EBIT as the Covid-19 ...

Calendar   /   Industry Events

25 Jan Ericsson Q4 2021
25 Jan Verizon Q4 2021
25 Jan Microsoft fiscal Q2
25 Jan F5 fiscal Q1
25 Jan Uniti Group Q4
25 Jan European 5G Conference
26 Jan AT&T Q4 2021
26 Jan Crown Castle Q4 2021
26 Jan Corning Q4 2021
26 Jan Intel Q4 2021
26 Jan Calix Q4 2021
27 Jan Juniper Networks Q4 2021
27 Jan STMicroelectronics Q4 2021
27 Jan Extreme Networks fiscal Q2
27 Jan MTN Nigeria Q4 2021
27 Jan Rogers Communications Q4 2021
27 Jan Elisa Q4 2021
27 Jan Comcast Q4 2021
27 Jan Samsung Electronics Q4 2021
27 Jan Apple fiscal Q1
27 Jan FCC meeting
28 Jan SK Hynix Q4
28 Jan Telia Lithuania Q4 2021
28 Jan Telia Company Q4 2021
28 Jan Charter Communications Q4
::: More Calendar Items