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Teleste Oyj (TLT1V.HE)

TLT1V.HE on Helsinki Stock Exchange

7.06EUR
23 Feb 2018
Change (% chg)

€-0.02 (-0.28%)
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€7.08
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€7.10
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€7.06
Volume
1,645
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7,668
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€9.00
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Latest Key Developments (Source: Significant Developments)

Teleste creates joint venture with Antronix
Thursday, 6 Jul 2017 02:00am EDT 

July 6 (Reuters) - Teleste ::TELESTE INVESTS IN THE GROWING US BROADBAND MARKET BY CREATING A JOINT VENTURE WITH ANTRONIX .NEW COMPANY OPERATES UNDER NAME TELESTE INTERCEPT LLC AND IT WILL START ITS OPERATION DURING 2017.TELESTE OWNS 60% OF SHARES IN JOINT VENTURE.JOINT VENTURE CREATED ‍TO PROMOTE SALES OF COMPANIES' BROADBAND NETWORK PRODUCTS FOR NORTH-AMERICAN CABLE OPERATORS​.  Full Article

Stofa and Teleste to agree on delivery of network products
Tuesday, 30 May 2017 08:00am EDT 

May 30 (Reuters) - TELESTE OYJ ::STOFA AND TELESTE TO AGREE ON DELIVERY OF NETWORK PRODUCTS AND SERVICES FOR STOFA’S DOCSIS 3.1 NETWORK UPGRADE .HAS SIGNED A FRAME AGREEMENT WITH STOFA TO DELIVER NEXT GENERATION NETWORK PRODUCTS AND SERVICES FOR STOFA'S CABLE NETWORK UPGRADE TO NEW DOCSIS 3.1 TECHNOLOGY.‍VALUE OF 2-YEAR AGREEMENT IS EXPECTED TO EXCEED EUR 7 MILLION.​.AGREEMENT IS A CONTINUATION OF A LONG PRODUCT-RELATED COOPERATION BETWEEN TELESTE AND STOFA, WHICH IS NOW BEING EXTENDED WITH DETAILED NETWORK DESIGN SERVICES.  Full Article

Stadler selects Teleste’s Passenger Information system
Monday, 22 May 2017 08:19am EDT 

May 22 (Reuters) - TELESTE OYJ ::TADLER SELECTS TELESTE'S PASSENGER INFORMATION SYSTEM FOR ITS TRAINS TO AB TRANSITIO IN SWEDEN.AGREEMENT ALSO INCLUDES OPTION FOR ADDITIONAL 110 VEHICLES.  Full Article

Teleste Q1 operating profit falls to EUR 0.2 mln
Thursday, 4 May 2017 01:30am EDT 

May 4 (Reuters) - TELESTE OYJ :TELESTE INTERIM REPORT: OPERATING PROFIT DECREASED AS EXPECTED, ORDERS RECEIVED INCREASED.Q1 ORDERS RECEIVED EUR 73.6 MILLION VERSUS EUR 59.3 MILLION YEAR AGO.Q1 NET SALES EUR 60.9 MILLION VERSUS EUR 60.6 MILLION YEAR AGO.Q1 OPERATING PROFIT EUR 0.2 MILLION VERSUS EUR 2.6 MILLION YEAR AGO.ESTIMATE THAT NET SALES AND OPERATING PROFIT FOR 2017 WILL REMAIN BELOW 2016 LEVEL.SEES NET SALES AND OPERATING PROFIT FOR 2017 TO REMAIN BELOW 2016 LEVEL, DUE TO LOW ORDER BACKLOG IN BEGINNING OF FINANCIAL PERIOD.  Full Article

Teleste Q4 EBIT up at EUR 4.3 million, backlog decreases
Thursday, 9 Feb 2017 01:30am EST 

Teleste Oyj : Q4 net sales 68.6 million euros versus 68.4 million euros year ago . Q4 operating profit (EBIT) 4.3 million euros versus 3.3 million euros year ago . Q4 orders received 64.6 million euros versus 68.2 million euros year ago . In Q4 order backlog decreased by EUR 3.9 million to EUR 26.9 million . Proposes 2016 dividend of 0.25 euro per share . CEO: "In Q4, net sales increased and were the highest in Teleste's history, but orders received decreased year-on-year. As a result of this, the order backlog continued to decrease" .Estimates that net sales and operating profit for 2017 will remain below 2016 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

BRIEF-Teleste Oyj Q4 Operating Profit Falls To EUR 0.3 Million

* Q4 NET SALES EUR 58.7 MILLION VERSUS EUR 68.6 MILLION YEAR AGO