Brief: Teleste Q4 Operating Profit Falls To EUR 1.2 Million

Teleste Oyj

13/02/2020 06:39

Feb 13 (Reuters) - Teleste Oyj  TLT1V.HE :
    * REG-TELESTE CORPORATION FINANCIAL STATEMENT
1.1.-31.12.2019: NET
SALES AND ADJUSTED OPERATING RESULT DECREASED AS EXPECTED, ORDER
BACKLOG AT A GOOD LEVEL
    * Q4 NET SALES EUR 58.5 MILLION VERSUS EUR 66.5 MILLION YEAR
AGO
    * Q4 OPERATING PROFIT EUR 1.2 MILLION VERSUS EUR 2.2 MILLION
YEAR
AGO
    * Q4 ORDERS RECEIVED EUR 64.1 MILLION VERSUS EUR 81.0 
MILLION
YEAR AGO
    * PROPOSES A DIVIDEND OF EUR 0.10 (0.20) PER OUTSTANDING
SHARE.
    * DOES NOT EXPECT COMPANY'S NET SALES TO DEVIATE MATERIALLY
FROM
LEVEL OF NET SALES FOR 2019
    * 2020  ADJUSTED OPERATING RESULT IS EXPECTED TO AMOUNT TO
EUR
6-10 MILLION.

Source text for Eikon:  ID:nGNE5ts50d 
Further company coverage:  TLT1V.HE 

 (Gdynia Newsroom)
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))