TELESTE: RECLASSIFICATION OF FINANCIAL INFORMATION FOR 2009
TELESTE CORPORATION STOCK EXCHANGE RELEASE 6.4.2010 AT 10:00
RECLASSIFICATION OF FINANCIAL INFORMATION FOR 2009
The below figures from Teleste and its reporting units for the entire 2009 and
each of the relevant quarters have been previously reported by Teleste but they
have been reclassified based on the current reporting units of Video and
Broadband Solutions and Network Services introduced on 1 January 2010
(unaudited).
Teleste will publish the reclassified financial information in order to provide
a point of comparison for the 2010 financial information in respect to those of
2009.
The financial information from AVC Systemhaus GmbH and Cableway AG was
consolidated with Teleste as from 1 July 2009. Therefore, the financial
information specified in interim reports that were released after 1 July 2009 as
well as the information for the entire 2009 is not directly comparable with
interim reports that expired before 1 July 2009.
Reclassification of financial information:
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| Information per | 1-3/09 | 4-6/09 | 7-9/09 | 10-12/09 | 1-12/2009 |
| guarter (tEUR) | | | | | |
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| Video and Broadband Solutions |
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| | Order intake | 17 290 | 19 109 | 22 508 | 22 705 | 81 612 |
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| | Net sales | 16 908 | 20 095 | 18 262 | 21 015 | 76 280 |
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| | EBIT | -1 464 | -295 | 1 524 | -457 | -692 |
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| | EBIT % | -8.7 % | -1.5 % | 8.3 % | -2.2 % | -0.9 % |
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| | Segment | 62 540 | 63 941 | 57 212 | 56 120 | 56 120 |
| | assets | | | | | |
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| | Depreciations | | | | | 4 573 |
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| | Impairment of | | | | | 800 |
| | goodwill | | | | | |
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| | Investments | | | | | 7 957 |
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| Network Services |
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| | Order intake | 8 696 | 10 457 | 26 136 | 24 119 | 69 408 |
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| | Net sales | 8 696 | 10 457 | 23 449 | 22 769 | 65 371 |
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| | EBIT | 259 | 698 | 84 | 2 175 | 3 216 |
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| | EBIT % | 3.0 % | 6.7 % | 0.4 % | 9.6 % | 4.9 % |
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| | Segment | 20 827 | 22 751 | 38 223 | 41 440 | 41 440 |
| | assets | | | | | |
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| | Depreciations | | | | | 1 009 |
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| | Impairment of | | | | | 0 |
| | goodwill | | | | | |
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| | Investments | | | | | 17 284 |
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| Total | | | | | |
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| | Order intake | 25 986 | 29 566 | 48 644 | 46 824 | 151 020 |
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| | Net sales | 25 604 | 30 552 | 41 711 | 43 784 | 141 651 |
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| | EBIT | -1 205 | 403 | 1 608 | 1 718 | 2 524 |
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| | EBIT % | -4.7 % | 1.3 % | 3.9 % | 3.9 % | 1.8 % |
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| | Financial | -239 | -146 | -154 | -66 | -605 |
| | items | | | | | |
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| | Share of | -100 | -90 | -354 | 0 | -544 |
| | profit of | | | | | |
| | associates | | | | | |
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| | Profit before | -1 544 | 167 | 1 100 | 1 652 | 1 375 |
| | taxes | | | | | |
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| | Segment | 83 367 | 86 692 | 95 435 | 97 560 | 97 560 |
| | assets | | | | | |
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| | Unallocated | 7 311 | 8 932 | 12 836 | 12 518 | 12 518 |
| | assets | | | | | |
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| | Total assets | 90 678 | 95 624 | 108 271 | 110 078 | 110 078 |
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| | Depreciations | | | | | 5 582 |
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| | Impairment of | | | | | 800 |
| | goodwill | | | | | |
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| | Investments | | | | | 25 241 |
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Teleste is an international technology group founded in 1954, which is
specialised in broadband video and data communication systems and services. The
group is active in two business segments, Video and Broadband Solutions and
Network Services; in both fields, we are among the global leaders. Video is at
the core of our business activities, with a focus on the processing,
transmission and management of video and data for operators and public
authorities who provide multiple video-related information, entertainment and
security services to end-users. Video and Broadband Solutions business segment
has the emphasis on product solutions for broadband access networks, video
service platforms and video surveillance applications. Network Services segment
deliver comprehensive network service solutions including new construction,
rebuilding, upgrading, planning and maintenance services of cable networks. In
2009 the group's net sales totalled EUR 142 million and the group employed 1260
persons at the year-end. The company has approximately 30 offices world-wide and
over 90% of Teleste's net sales are generated outside Finland. The company is
listed on the NASDAQ OMX Helsinki Ltd. www.teleste.com for more information.
TELESTE CORPORATION
Jukka Rinnevaara
CEO
ADDITIONAL INFORMATION:
Mr Jukka Rinnevaara, CEO, Tel. +358 2 2605 866 or +358 400 747 488
DISTRIBUTION:
NASDAQ OMX Helsinki Ltd
Media
www.teleste.com
