Teleste 1-3/2020: Net sales and adjusted operating result declined, order backlog increased. Teleste will focus on technology businesses and supporting higher added value services and will divest its services business in Germany
TELESTE CORPORATION INTERIM REPORT 15 MAY 2020 AT 08:30 EET TELESTE CORPORATION INTERIM REPORT 1 JANUARY TO 31 MARCH 2020 NET SALES AND ADJUSTED OPERATING RESULT DECLINED, ORDER BACKLOG INCREASED. TELESTE WILL FOCUS ON TECHNOLOGY BUSINESSES AND SUPPORTING HIGHER ADDED VALUE SERVICES AND WILL DIVEST ITS SERVICES BUSINESS IN GERMANY On 14 May 2020, Teleste announced its new strategy, according to which the company will focus on technology business operations and the higher added-value services that support them. As a result, the company has decided to