Brief: Teleste Adjusted Operating Profit Falls To EUR 2.3 Million

Teleste Oyj

15/08/2019 06:37

Aug 15 (Reuters) - Teleste Oyj  TLT1V.HE :
    * REG-TELESTE'S HALF YEAR FINANCIAL REPORT 1 JANUARY TO 30
JUNE
2019: NET SALES AND RESULT DECREASED, RECORD-HIGH ORDER BACKLOG
    * REG-TELESTE'S HALF YEAR FINANCIAL REPORT 1 JANUARY TO 30
JUNE
2019: NET SALES AND RESULT DECREASED, RECORD-HIGH ORDER BACKLOG
    * Q2 NET SALES EUR 58.2 MILLION VERSUS EUR 65.2 MILLION YEAR
AGO
    * Q2 ORDERS RECEIVED EUR 59.0 MILLION VERSUS EUR 60.2
MILLION YEAR
AGO
    * Q2 ADJUSTED OPERATING RESULT STOOD AT EUR 2.3 (3.5)
MILLION, A
DECREASE OF 34.2%
    * Q2 OPERATING RESULT AMOUNTED TO EUR 2.3 (3.5) MILLION, A
DECREASE OF 34.2%
    * 2019 OUTLOOK TELESTE EXPECTS COMPANY'S NET SALES TO REMAIN
AT
LEVEL OF 2018 (EUR 250.3 MILLION).
    * 2019 OUTLOOK ADJUSTED OPERATING RESULT IS EXPECTED TO
INCREASE
COMPARED WITH 2018 (EUR 9.7 MILLION).
    * GROUP'S NET SALES AND OPERATING RESULT FOR Q2 DECREASED
FROM
STRONG REFERENCE PERIOD OF PREVIOUS YEAR, AS EXPECTED - CEO

Source text for Eikon:  ID:nGNE8Q6qcL 
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