Teleste Corporation 1-12/2023: Difficult last quarter due to low delivery volume. Measures underway to reduce costs and improve profitability.
Teleste CorporationStock exchange releaseFebruary 9, 2024 at 8.30 a.m. EET TELESTE CORPORATION FINANCIAL STATEMENT RELEASE 1 JANUARY TO 31 DECEMBER 2023 TELESTE CORPORATION: DIFFICULT LAST QUARTER DUE TO LOW DELIVERY VOLUME. MEASURES UNDERWAY TO REDUCE COSTS AND IMPROVE PROFITABILITY. Unless otherwise specified, the figures in brackets refer to the year-on-year comparison period. October-December 2023 in brief · Net sales decreased by 33.4%, amounting to EUR 30.7 (46.0) million. · Adjusted operating result decreased to EUR -1.4 (0.5) million. · Operating result