Key Developments: Teleste Oyj (TLT1V.HE)

TLT1V.HE on Helsinki Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Casa Systems and Teleste Collaborate to bring multigigabit subscriber speeds to Cable Access Network
Tuesday, 20 May 2014 03:01am EDT 

Teleste Oyj and Casa Systems:Agreed to collaborate on development and introduction of an end-to-end Distributed CCAP/RemotePHY solution.key components of solution will be Casa's C100G CCAP platform supporting RemotePHY architecture and Teleste's RemotePHY optical node.Collaboration will leverage Teleste's strong position in European HFC access infrastructure market and Casa Systems' industry leading CMTS and CCAP offerings.Jointly developed RemotePHY solution is designed to offer future proof, scalable architecture for cable operators, addressing the exponentially growing demand for higher broadband speeds, driven by innovative multiscreen and on-demand video services.  Full Article

Teleste comments on FY 2014 financial outlook
Thursday, 24 Apr 2014 01:30am EDT 

Teleste Oyj:Estimates net sales and operating profit for H1 2014 to fall clearly from the comparative period.Expects net sales and operating profit for the full FY 2014 not reach the 2013 level.Reported net sales of 192.8 million euros and EBIT of 11.0 million euros for FY 2013.FY 2014 revenue 182.00 million euros, EBIT of 8.00 million euros - Thomson Reuters I/B/E/S Estimates.  Full Article

Teleste announces details on FY 2013 dividend
Tuesday, 1 Apr 2014 10:45am EDT 

Teleste Oyj:Adopts the proposes FY 2013 dividend of 0.19 euro per share.Record date April 4.Dividend payment date April 11.  Full Article

Teleste proposes FY 2013 dividend of EUR 0.19 per share
Thursday, 6 Feb 2014 01:30am EST 

Teleste Oyj:Proposes that a dividend of 0.19 euro per outstanding share be paid for FY 2013.Paid dividend of 0.17 euro per share for FY 2013.  Full Article

Teleste issues FY 2014 guidance below analysts' estimates
Thursday, 6 Feb 2014 01:30am EST 

Teleste Oyj:Estimates net sales and operating profit for H1 2014 to fall clearly from the comparative period.Says following on that net sales and operating profit for the full FY 2014 are estimated not to reach the 2013 level.Says net sales amounted to 192.8 million euros and operating profit was 11.0 million euros in FY 2013.FY 2014 revenue 204.00 million euros, EBIT 13.55 million euros - Thomson Reuters I/B/E/S Estimates.  Full Article

Teleste Oyj Comments on FY 2013 Financial Guidance
Thursday, 31 Oct 2013 02:30am EDT 

Teleste Oyj announced that the Company expects its net sales and operating profit for the fiscal year 2013 to reach the 2012 level. For the fiscal year 2012 the Company reported net sales of EUR 193.9 million and EBIT of EUR 10.9 million. According to I/B/E/S Estimates analysts on average are expecting Teleste to report revenue of EUR 191.21 million and EBIT of EUR 10.42 million for the fiscal year 2013.  Full Article

Teleste Oyj Receives Video Surveillance Order from Stanley Security Oy
Monday, 2 Sep 2013 02:30am EDT 

Teleste Oyj announced that the Company has received a video management, transmission and recording solution order for tunnels and stations of Lansimetro from Stanley Security Oy. Lansimetro is building the extension for metro traffic in the Helsinki Metropolitan Area from Ruoholahti, Helsinki to Matinkyla, Espoo. The order includes products from the product families of Teleste VMX Video Management Software, MPX Encoder and CFO Fiber Modem as well as technical integration and configuration services related to the video system. The system deliveries are expected to be completed during 2014 and the order value is approximately EUR 1.3 million.  Full Article

Teleste Oyj Receives Order from SIEA in France
Thursday, 29 Aug 2013 02:30am EDT 

Teleste Oyj announced that it has won the first stage of the public tender, which relates to customer network optical equipment deliveries for the French public authority SIEA (Syndicat Intercommunal d'energie et de e-communication de l'Ain). The SIEA is responsible for the energy and telecommunications management of 419 municipalities in the province of Ain in eastern France. Teleste was selected as the equipment supplier for the first phase of the tender, and the selection includes an option to supply equipment for the second phase as well. The value of the deliveries for the first phase stands at approximately EUR 2 million, and the equipment will be delivered to the customer in the third and fourth quarters of 2013. The estimated value of the deliveries for the second phase is about EUR 1.5 million. Possible confirmation for implementing phase two of the project will be available by the end of the last quarter of the year in 2013.  Full Article

Teleste Oyj Receives EUR 1.1 Million Order from CTA
Monday, 12 Aug 2013 03:00am EDT 

Teleste Oyj announced that Teleste LLC, a fully owned subsidiary of Teleste Corporation, has received a mobile video management and onboard recording solution order for Chicago Transit Authority (CTA) railcars. The order includes the supply of Teleste VMX series mobile network video recorders, video management software and IP networking equipment as well as their technical integration into the overall CTA video management system. Teleste video management system is installed at 146 rail stations and several hundred railcars within the CTA. This order further expands the system for a better protection of the public against crime and potential terrorism. Teleste onboard solution represents a great expansion potential for other similar projects globally. The system deliveries are expected to be completed in fall 2013 and the order value is approximately EUR 1.1 million.  Full Article

Teleste Oyj Updates on FY 2013 Financial Guidance
Thursday, 8 Aug 2013 01:30am EDT 

Teleste Oyj announced that the Company expects is fiscal year 2013 net sales and operating profit to reach the 2012 level. For the fiscal year 2012 the Company reported net sales of EUR 193.9 million and EBIT of EUR 10.9 million. According to I/B/E/S Estimates analysts on average are expecting Teleste to report revenue of EUR 195.48 million and EBIT of EUR 10.98 million for the fiscal year 2013.  Full Article

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