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Last €6.96 EUR
Change Today +0.13 / 1.90%
Volume 33.1K
TLT1V On Other Exchanges
As of 11:29 AM 04/17/15 All times are local (Market data is delayed by at least 15 minutes).

teleste oyj (TLT1V) Snapshot

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02/13/15 - €7.38
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08/11/14 - €4.31
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teleste oyj (TLT1V) Details

Teleste Corporation provides video and broadband solutions, and network services. The company offers broadband access network products, including AC and ACE amplifiers and nodes, CATVisor management software, CXX amplifiers and nodes, DH amplifiers, DOCSIS access hubs, echoBox Ethernet over coax adapters, HDO headend and residential optics, and optical and RF passives to cable operators for building combined fiber-optic and coax cable networks; and field maintenance, network upgrades, and turnkey projects, as well as design, planning, and documentation services. It also provides video headend solutions, such as Teleste Broadcast Manager, a PSI/SI, electronic program guide, and bootload management server; Teleste Luminato digital headend platform that receives live content, and descrambles and re-organizes it for either CATV, OTT, and/or IPTV delivery; and Teleste Optimo, a transcoder for cable TV, broadcast IPTV, and OTT applications, as well as headend engineering, video and operative headend, repair, support, maintenance, and training services for TV distribution industry, and cable and telecom operators. In addition, the company offers video surveillance solutions comprising S-VMX video management system for networked video; Teleste MPX device that covers various components needed in IP networked digital video system for video security system; cable fiber optics product portfolio for video, audio, data, contact closure, and Ethernet signal optical transmission; and industrial Ethernet switches for critical applications ranging from mass transportation needs to military and other high-end projects. It serves hotel and hospitality integrators, installers, operators, wholesalers and distributors, content providers, and system integrators; and rail, road, airports, public security, and military and border control markets primarily in Finland, Nordic countries, Europe, North America, and Asia. The company was founded in 1954 and is headquartered in Littoinen, Finland.

1,343 Employees
Last Reported Date: 03/13/15
Founded in 1954

teleste oyj (TLT1V) Top Compensated Officers

Chief Executive Officer and President
Total Annual Compensation: €438.3K
Compensation as of Fiscal Year 2014.

teleste oyj (TLT1V) Key Developments

Teleste Corp. Approves Dividend for Year 2014, Payable on 13 April 2015

Teleste Corp. at its Annual General Meeting held on April 9, 2015, approved to distribute a dividend of EUR 0.20 per share for year 2014 for shares other than those held by the company. The record date for the dividend payment is 13 April 2015 and the dividend will be paid on 20 April 2015.

Teleste Corporation Announces Parent Earnings Results for the Full Year Ended December 31, 2014

Teleste Corporation announced parent earnings results for the full year ended December 31, 2014. For the year, on parent basis, the company reported net sales of EUR 67,677,000 against EUR 63,807,000 a year ago. Operating profit was EUR 3,417,000 against EUR 2,237,000 a year ago. Profit before taxes was EUR 6,737,000 against EUR 8,385,000 a year ago. Profit for the period was EUR 6,096,000 against EUR 7,757,000 a year ago. Cash flow from operating activities was EUR 6,374,000 against EUR 4,554,000 a year ago. Payment for other tangible assets was EUR 184,000 against EUR 436,000 a year ago.

Teleste Corp. Proposes Dividend for the Financial Period Ended December 31, 2014, Payable on April 20, 2015

The Board of Directors of Teleste Corp. proposed to the Annual General Meeting that a dividend of EUR 0.20 per share be paid based on the adopted balance sheet for the financial period that ended on 31 December 2014 for shares other than those held by the company. The dividend will be paid to a shareholder who on the record date of dividend payment 13 April 2015 is registered in the company's shareholders' register maintained by Euroclear Finland Ltd. The dividend will be paid on 20 April 2015.


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