Teleste 1-12/2022: Strong demand for products continued, net sales increased, adjusted operating result declined due to higher costs
TELESTE CORPORATION FINANCIAL STATEMENTS RELEASE 9 FEBRUARY 2023 AT 8:30
TELESTE CORPORATION FINANCIAL STATEMENTS RELEASE 1 JANUARY TO 31 DECEMBER 2022
STRONG DEMAND FOR PRODUCTS CONTINUED, NET SALES INCREASED, ADJUSTED OPERATING RESULT DECLINED DUE TO HIGHER COSTS
January-December 2022
- Net sales amounted to EUR 165.0 (144.0) million, an increase of 14.6%- The adjusted operating result was EUR 2.0 (5.5) million, a decrease of 64.3%- Operating result amounted to EUR -4.8 (8.7) million, including impairment of EUR 5.4 million recognised on capitalised R&D expenses and