Slide 1: Half year financial report 1 January to 30 June 2017
Half year financial report 1 January to 30 June 2017 Jukka Rinnevaara CEO Teleste Proprietary. All rights reserved. Unclassified
Slide 2: Disclaimer
Disclaimer This presentation has been prepared by the Company. The information on which it is based has not been independently verified by any other person. This presentation is not intended to provide the basis of any investment decision and should not be considered as a recommendation by the Compa
Slide 3: We make your everyday life smart, safe and smooth.
We make your everyday life smart, safe and smooth. Teleste Proprietary. All rights reserved. Company confidential 3
Slide 4: Business areas
Business areas Video and Broadband Solutions Network Services Broadband networks and video security Comprehensive service solutions for and information solutions cable networks Teleste Proprietary. All rights reserved. Company confidential 4
Slide 5: Teleste Group Q2 2017 highlights
Teleste Group Q2 2017 highlights Orders received decreased both year-on-year and quarter-on-quarter. Order backlog increased both on the reference period and quarter-on-quarter. Net sales decreased both year-on-year and quarter-on-quarter. Operating result was negative due to the restructuring
Slide 6: Video and Broadband Solutions
Video and Broadband Solutions Q2 2017 highlights Orders received were at par year-on-year, but decreased quarter-on-quarter. Orders increased for access network products in Denmark, Switzerland and Germany, but decreased for video security and information solutions. Order backlog grew both year-on
Slide 7: Network Services
Network Services Q2 2017 highlights Net sales and orders received decreased both year-on-year and quarter-on-quarter. Net sales decreased in Germany and in the UK. Operating profit decreased both year-on-year and quarter-on-quarter. The principal reasons for the negative operating result were op
Slide 8: Teleste Group, January – June 2017
Teleste Group, January – June 2017 1-6 2017 1-6 2016 YoY change Orders received, M€ 138,1 126,5 +9,2 % Net sales, M€ 119,6 128,1 -6,6 % EBIT, M€ -9,0 6,5 -239,8 % EBIT 1), M€ 0,3 6,5 -96,0 % EBIT-% -7,6 % 5,1 % Net profit, M€ -9,6 4,5 -312,4 % Net profit 1), M€ -0,3 4,5 -107,3 % Operative cash flow,
Slide 9: Video and Broadband Solutions, January – June 2017
Video and Broadband Solutions, January – June 2017 1-6 2017 1-6 2016 YoY change Orders received, M€ 90,7 78,9 +15,0 % Net sales, M€ 72,2 80,5 -10,3 % EBIT, M€ 2,9 5,6 -48,9 % EBIT-% 4,0 % 7,0 % Average personnel 764 737 +3,7 % Teleste Proprietary. All rights reserved. Unclassified
Slide 10: Network Services, January – June 2017
Network Services, January – June 2017 1-6 2017 1-6 2016 YoY change Orders received, M€ 47,5 47,6 -0,4 % Net sales, M€ 47,5 47,6 -0,4 % EBIT, M€ -11,9 0,8 -1510,4 % EBIT 1), M€ -2,6 0,8 -409,7 % EBIT-% -25,1 % 1,8 % Average personnel 749 770 -2,7 % 1) Excluding goodwill impairment and restructuring p
Slide 11: Equity Ratio (at the end of period)
Equity Ratio (at the end of period) Teleste Group 60% 50% 52,7 % 53,4 % 52,5 % 48,3 % 47,7 % 40% 30% 20% 10% 0% 2013 2014 2015 2016 Q2 2017 Teleste Proprietary. All rights reserved. Unclassified 11
Slide 12: Gearing
Gearing Teleste Group 50% 40% 30% 26,3 % 25,0 % 20% 19,8 % 10% 13,8 % 9,5 % 0% 2013 2014 2015 2016 Q2 2017 Teleste Proprietary. All rights reserved. Unclassified 12
Slide 13: Order Backlog (at the end of period)
Order Backlog (at the end of period) Teleste Group 50 45,4 40 42,2 30 M€ 26,9 20 15,2 10 13,1 0 2013 2014 2015 2016 H1 2017 Teleste Proprietary. All rights reserved. Unclassified 13
Slide 14: Outlook for 2017
Outlook for 2017 The business objective of Video and Broadband Solutions is to maintain its strong market position in Europe and to strengthen this market position in selected new markets outside Europe. The weight of net sales and operating profit of Video and Broadband Solutions will be on the sec
Slide 15: One Teleste
One Teleste Teleste Proprietary. All rights reserved. Company confidential