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Teleste Oyj (TLT1V.HE)

TLT1V.HE on Helsinki Stock Exchange

25 Sep 2017
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Latest Key Developments (Source: Significant Developments)

Teleste Q3 operating profit decreases to EUR 4.8 mln
Wednesday, 2 Nov 2016 02:37am EDT 

Teleste Oyj : Q3 net sales 62.9 million euros ($69.61 million) versus 66.2 million euros year ago . Q3 operating profit 4.8 million euros versus 5.9 million euros year ago . Q3 orders received 53.2 million euros versus 62.0 million euros year ago .Estimates that net sales and operating profit for 2016 will exceed 2015 level.  Full Article

Teleste: unit Mitron signs frame agreement with Swarco, Sweden
Tuesday, 11 Oct 2016 03:00am EDT 

Teleste Oyj : Teleste´s subsidiary Mitron has signed a frame agreement with Swarco, Sweden . Agreement covers delivery of real time RGB-LED passenger information displays for train stations in Sweden .Value of three year agreement is estimated to exceed 2 million euros ($2.24 million) and it includes an option to prolong its validity with 2 + 2 years.  Full Article

Teleste: Possible change in ownership of EM Group’s holding in Teleste
Monday, 29 Aug 2016 03:00am EDT 

Teleste Oyj : Announces possible prospective change in ownership of EM Group’s ownership in Teleste corporation . New acquiring company Tianta Oy (alternatively Taanti Oy) would own EM Group Oy's current holding of about 23.23 pct in Teleste .Chairman Timo Miettinen would acquire ownership of 60 pct in Tianta Oy.  Full Article

Teleste Q2 operating profit up at EUR 3.9 mln
Thursday, 11 Aug 2016 01:30am EDT 

Teleste Oyj : Q2 operating profit 3.9 million euros ($4.35 million) versus 2.5 million euros year ago . Q2 net sales 67.5 million euros versus 59.7 million euros year ago . Q2 orders received 67.2 million euros versus 64.1 million euros year ago .Estimates that net sales and operating profit for 2016 will exceed 2015.  Full Article

Teleste and Huawei to co-operate on Danish gigaspeed project
Thursday, 16 Jun 2016 03:25am EDT 

Teleste Oyj : Teleste and Huawei agree to co-operate on Danish gigaspeed project . Cooperation regards delivery of next generation of intelligent amplifiers for use in TDC Group’s cable network upgrade in Denmark to new DOCSIS 3.1 technology . Says upgrade of cable network to begin in June 2016, and is targeted to be completed by end of 2017 . Says project generates significant volumes for Teleste DOCSIS 3.1 compliant amplifiers .Parties have agreed not to disclose deal value.  Full Article

Teleste unit signs deal with Stadler Bussnang
Tuesday, 17 May 2016 03:22am EDT 

Teleste Oyj : Mitron, member of Teleste Group signs agreement with Stadler Bussnang AG for deliveries of its passenger information, display, intercommunication, CCTV and advertisement system . Agreement continues Mitron's previous cooperation with Stadler Bussnang in several rail vehicle construction projects .New deliveries will take place in 2016-2018.  Full Article

Teleste Oyj proposes dividend for FY 2015, provides outlook for FY 2016
Thursday, 4 Feb 2016 01:30am EST 

Teleste Oyj:‍Board of directors proposes that a dividend of 0.23 euro (0.20 last year) per outstanding share will be paid​.‍Estimates that net sales and operating profit for 2016 will exceed the 2015 level​.  Full Article

Teleste Oyj signs deal with Multimedia Polska
Monday, 11 Jan 2016 06:00am EST 

Teleste Oyj:Poland's Multimedia Polska selects Teleste for their next generation TV services platform.System will be developed in several phases over next three years​.Total value of deal is subject to eventual scale of system and is, accordingly, hard to estimate, but will reach at least 1 million euros.  Full Article

Teleste Oyj and city of Turku sign partnership agreement
Tuesday, 15 Dec 2015 05:59am EST 

Teleste Oyj:City of Turku and Teleste Corporation have signed partnership agreement aimed at implementing new ICT-based innovations in public sector.​Teleste will be taking part in project as a technical cooperation partner.  Full Article

BRIEF-Teleste to bring internet connectivity to hotel in Greece