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

Thursday 9 August 2018 | 22:51 CET | News
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 million in H1 2017. Operating profits for the first half of the year were EUR 4.3 million, compared with an operating loss of EUR 9.0 million during the first half of 2017, as a result of the goodwill impairment and restructuring provision for its service business in Germany amounting to EUR 9.3 million.

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Categories: Fixed
Companies: Teleste
Countries: Finland
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