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

Thursday 4 November 2021 | 12:56 CET | News
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 million a year earlier amid component availability and delivery problems. The company has revised its FY net sales outlook downwards slightly. It said Q3 incoming orders were up 48 percent and the backlog reached a record level.

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Categories: Fixed
Companies: Teleste
Countries: World
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