This presentation has been prepared by the Company. The information on which it is based has not been independently verified by any other person.
This presentation is not intended to provide the basis of any investment decision and should
not be considered as a recommendation by the Company or any other person to the recipients of the presentation. Each person should make his/her own independent assessment of the Company after making such investigations as he/she deems necessary. This presentation does not constitute an offer of or invitation to acquire any shares or other securities in the Company.
Nothing in this presentation is, or should be relied upon as, a promise or representation as to the future.
Teleste Proprietary. All rights reserved.
Company restricted
Summary full year 2022
Strong market demand enabled solid revenue growth, adjusted EBIT was lower due to increased costs
FY 2022
FY 2021
Net sales
165,0 M€
144,0 M€
+14,6 %
Adjusted EBIT
2,0 M€
5,5 M€
-64,3 %
EBIT
-4,8 M€
8,7 M€
Adjusted earnings per share
-0,01 €
0,21 €
Cash flow from operations
-7,8 M€
13,5 M€
Orders received
188,5 M€
175,5 M€
+7,4 %
Order book
132,2 M€
108,6 M€
+21,6 %
Teleste Proprietary. All rights reserved.
Company restricted
Highlights in Q4
Advisory board for North American market
Teleste formed an Advisory Board to provide guidance and support on the North American cable market. The members are Hanno Narjus, Esa Harju, Sandy Howe (former executive with Arris, Cisco and Technetix), Stephanie Mitchko Beale (former CTO, Charter Communications) and Neil Tang (President, Antronix).
Big steps forward in North America
The DOCSIS 4.0 technology is gaining momentum in the US: we have received first customer orders and discussions are ongoing with many operators. Samples of our ICON 1.8 GHz amplifiers have been delivered to key customers. First distributed access nodes have been commissioned for live traffic.
Teleste Proprietary. All rights reserved.
4
Company restricted
Highlights in Q4
Record-high production in passenger information solutions
During Q4, production of our passenger information systems reached record-highvolumes, and this is estimated to continue in 2023. We have strengthened our production capacity to prepare for the growing volumes.
EcoVadis rating confirmed and new environmental objectives set for future
We renewed a silver medal in the Ecovadis business sustainability rating. Our scoring went up to 65/100 and we are aiming for gold in future. The sustainability work continued also with new environmental objectives set for 2025 and 2030. Their main focus is on reducing Scope 1, 2 and 3 carbon emissions.
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Teleste Oyj published this content on 10 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 February 2023 10:19:07 UTC.
Teleste Oyj is a Finland-based technology company that specializes in broadband video and data communication systems and services. The Company is operational through two business units, Video and Broadband Solutions business segment focusing on product solutions for broadband access networks, video service platforms and video surveillance applications; and Network Services segment, delivering comprehensive network service solutions including new construction, rebuilding, upgrading, planning and maintenance services of cable networks. The Company also offers network services for turn-key projects and new construction. Additionally, it provides public transportation information systems and display solutions via Mitron Group Oy Ltd. The Company operates around 30 wholly owned subsidiaries in such countries as Germany, Belgium, Norway, the United Kingdom, Switzerland, Finland, Sweden, Poland, India, Slovenia, China, France and the United States.