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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).

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Categories: Broadcast & Satellite
Companies: Teleste
Countries: Finland
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