0
Video

Teleste Q3 net sales rise 5.6% but incoming orders decline 3.2%

Thursday 8 November 2018 | 12:40 CET | News
Finnish company Teleste said that net sales in the third quarter rose by 5.6 percent to EUR 59.4 from EUR 56.2 million a year earlier and it expects full-year net sales to be higher than the EUR 234.6 million achieved in 2017. The third quarter operating profit rose 156.6 percent to EUR 3.2 million from EUR 1.2 million, but continued investments means the FY operating profit will not reach the record of EUR 15.6 million achieved in 2016. Undiluted Q3 earnings per share were EUR 0.13 (EUR 0.04).

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. 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.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Broadcast & Satellite
Companies: Teleste
Countries: Finland
::: add a comment

Add 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.


Related

Teleste books EUR 7 mln Q1 cost for suspected fraud against foreign subsidiary

Published 06 Mar 2019 14:18 CET | Finland
Finnish company Teleste expects to book a non-recurring cost of about EUR 7 million for the first quarter for a suspected case of ...

Teleste's smart bus stop built at Nokia Campus in Espoo

Published 23 Nov 2018 09:54 CET | Finland
Teleste has built a smart and safe bus stop at the Nokia Campus in Espoo, Finland, as a part of the LuxTurrim5G ecosystem. Using ...

Teleste presents ICON9000 PHY-ready node at Cable-Tec Expo 2018

Published 22 Oct 2018 14:21 CET | Finland
Finnish company Teleste said it is presenting its ICON9000 remote PHY-ready node at the SCTE-ISBE Cable-Tec Expo 2018 from 22-25 ...

Teleste delivers amplifiers for HFC network upgrade Salzburg

Published 22 Oct 2018 13:17 CET | Austria
Finnish company Teleste will deliver intelligent, DOCSIS 3.1-capable amplifiers to a major utility company in Salzburg, Austria ...

Teleste launches ultrawide, horizontal screens for passenger information on public transport vehicles

Published 11 Sep 2018 11:56 CET | World
Teleste said it will launch a new series of ultrawide TFT LCD displays at InnoTrans 2018 from 18-21 September in Berlin. Unlike ...

Teleste sales rise 4% in H1, order backlog remains high

Published 09 Aug 2018 22:51 CET | Finland
Teleste reported net sales of EUR 124.5 million for the first half of 2018, a 4 percent increase on its net sales of EUR 119.6 ...

Teleste to help Antwerp cable operator upgrade network

Published 20 Jun 2018 12:23 CET | Belgium
Integan is the operator of a cable network in Antwerp, passing 250,000 homes. Telenet is the service provider. It is owned by the ...

UPC Austria deploys Teleste's CATVisor Argus network management software

Published 07 Jun 2018 10:55 CET | Austria
UPC Austria is deploying Teleste's CATVisor Argus network management software (NMS), in order to monitor more than 3,800 active ...

Teleste to launch Docsis 3.1 remote PHY device

Published 31 May 2018 15:47 CET | World
Teleste will launch a new, Docsis 3.1 Remote PHY device (RPD) at ANGA COM 2018. The device, called DAN300, has been designed to ...

Teleste sales down 2.7% in Q1, reports record order backlog

Published 03 May 2018 09:53 CET | World
Teleste reported net sales of EUR 59.3 million in the first quarter of 2018, down 2.7 percent year on year, although operating ...





Calendar   /   Industry Events

21 Mar Cyfrowy Polsat Q4 2018
21 Mar CK Hutchison FY2018
21 Mar China Mobile Q4 2018
22 Mar Telenet AGM
24 Mar 6G Wireless Summit
25 Mar Freenet Q4 2018
25 Mar Cheetah Mobile Q4 2018
25 Mar Apple press conference
25 Mar Report: Dutch Multiplay Market 2018-Q4
26 Mar Telia Company Capital Markets Day
26 Mar Huawei press conference
26 Mar 5G Briefing
26 Mar Smart City Summit & Expo (SCSE) 2019
27 Mar ZTE FY results
27 Mar Secureworks fiscal Q4
27 Mar Partner Communications Q4 2018
27 Mar Ericsson AGM
27 Mar Call & Contact Centre Expo
28 Mar United Internet Q4 2018
28 Mar 1&1 Drillisch Q4 2018
28 Mar Bezeq Q4 2018
28 Mar Telekom Slovenije Q4 2018
28 Mar Altice Europe Q4 2018
28 Mar Deutsche Telekom AGM
::: More Calendar Items