Teleste renews its segment structure and financial reporting
Teleste Corporation
Stock release
April 25, 2024, at 9:00 a.m. EEST
TELESTE RENEWS ITS SEGMENT STRUCTURE AND FINANCIAL REPORTING
Teleste changes its internal reporting practices. In addition, the company has launched a change project to align the group's legal entity structure and operational structure. During the project, business transfers will be carried out in Finland and abroad. As a result of the changes, two operating segments will be formed in accordance with the IFRS standards: Broadband Networks and Public Safety and Mobility.
Teleste will report its key financial figures according to the new segment structure from the first interim report of 2024. The group's reported segments correspond to the group's operating segments. The group's common functions are treated outside the segment reporting.
Comparable figures for 2023 according to the new segment structure
|
Net sales, 1000 EUR |
1‒3 2023 |
4-6 2023 |
7-9 2023 |
10-12 2023 |
1-12 2023 |
|
Broadband Networks |
30 428 |
25 756 |
21 068 |
15 384 |
92 455 |
|
Public Safety and Mobility |
14 913 |
14 527 |
14 170 |
15 283 |
58 894 |
|
Non-allocated |
0 |
0 |
0 |
0 |
0 |
|
Total |
45 341 |
40 103 |
35 238 |
30 667 |
151 349 |
|
Adjusted EBITDA, 1000 EUR |
1‒3 2023 |
4-6 2023 |
7-9 2023 |
10-12 2023 |
1-12 2023 |
|
Broadband Networks |
3 371 |
2 718 |
1 627 |
1 187 |
8 902 |
|
Public Safety and Mobility |
708 |
800 |
943 |
313 |
2 763 |
|
Non-allocated |
-1 147 |
-1 490 |
-658 |
-1 146 |
-4 441 |
|
Total |
2 932 |
2 028 |
1 911 |
353 |
7 224 |
|
Adjusted operating result, 1000 EUR |
1‒3 2023 |
4-6 2023 |
7-9 2023 |
10-12 2023 |
1-12 2023 |
|
Broadband Networks |
2 659 |
2 020 |
1 004 |
306 |
5 989 |
|
Public Safety and Mobility |
-51 |
65 |
174 |
-578 |
-389 |
|
Non-allocated |
-1 147 |
-1 490 |
-658 |
-1 146 |
-4 441 |
|
Total |
1 460 |
596 |
520 |
-1 418 |
1 158 |
|
Orders received, 1000 EUR |
1‒3 2023 |
4-6 2023 |
7-9 2023 |
10-12 2023 |
1-12 2023 |
|
Broadband Networks |
31 151 |
16 580 |
23 648 |
16 696 |
88 348 |
|
Public Safety and Mobility |
9 656 |
13 693 |
22 769 |
15 090 |
61 208 |
|
Non-allocated |
0 |
0 |
0 |
0 |
0 |
|
Total |
40 807 |
30 273 |
46 417 |
32 059 |
149 556 |
|
Order book, 1000 EUR |
31.3. 2023 |
30.6. 2023 |
30.9. 2023 |
31.12. 2023 |
|
Broadband Networks |
33 203 |
24 208 |
26 798 |
28 382 |
|
Public Safety and Mobility |
94 420 |
93 585 |
102 174 |
101 982 |
|
Non-allocated |
0 |
0 |
0 |
0 |
|
Total |
127 623 |
117 793 |
128 972 |
130 364 |
The above restated 2023 key figures according to the new operating segments are unaudited.
TELESTE CORPORATION
Esa Harju
CEO
Additional information:
Esa Harju
CEO
Juha Hyytiäinen
CFO
Tel. +358 2 2605 611
investor.relations@teleste.com
About Teleste
Teleste offers an integrated product and service portfolio that makes it possible to build and run a better networked society. Our solutions bring television and broadband services to you, secure your safety in public places and guide your use of public transport. With solid industry experience and drive for innovations, we are a leading international company in broadband, security and information technologies and related services. We connect with our customers through a global network of offices and partners. In 2023, Teleste's net sales reached EUR 151.3 million and it had approximately 800 employees. Teleste is listed on Nasdaq Helsinki. For more information, visit