Teleste Corporation · OMXHEX:TLT1V
Teleste — Q3 2004 Earnings Presentation
13 slides from Teleste's earnings presentation, 2004
Slide 1: Interim Report Q3/2004
Interim Report Q3/2004 Jukka Rinnevaara CEO
Slide 2: Disclaimer
Disclaimer This presentation is confidential and is intended solely for the use of the recipients of the presentation in connection with their consideration of Teleste Corporation (the “Company”). Neither the whole nor any part of the information in this presentation may be disclosed to, or used by,
Slide 3: Market Situation Q3
Market Situation Q3 Positive development in market situation • Main business - Broadband Cable Networks – continued to develop positively • Cable operators network investments clearly activated especially in Europe • Broadband Internet solutions grew strongly • Intense price competition still prevai
Slide 4: Group Q3
Group Q3 Q3/2004 Q3/2003 Change% Orders Received 18.6 13.2 +41% Net Sales 18.0 13.1 +38% Operating Profit 2.0 1.1 +77% Net Profit for the Period 1.3 1.0 +27% 4 4 TELESTE Corporation
Slide 5: Broadband Cable Networks (BCN) Q3
Broadband Cable Networks (BCN) Q3 Q3/2004 Q3/2003 Change% Orders Received 15.8 10.0 +58% Net Sales 15.4 10.6 +45% 5 5 TELESTE Corporation
Slide 6: Video Networks (VN) Q3
Video Networks (VN) Q3 Q3/2004 Q3/2003 Change% Orders Received 2.8 3.1 -11% Net Sales 2.6 2.4 +7% 6 6 TELESTE Corporation
Slide 7: Group Year-to-date
Group Year-to-date 2004 2003 Change% Orders Received 53.3 37.3 +43% Net Sales 42.8 37.5 +14% Operating Profit 2.4 1.3 +93% Net Profit 1.4 0.9 +50% EPS 0.08 0.06 +33% 7 7 TELESTE Corporation
Slide 8: Orders Received by Quarters
Orders Received by Quarters 25,000 20,000 15,000 teur 10,000 5,000 0 Q1/02 Q2/02 Q3/02 Q4/Q2 Q1/03 Q2/03 Q3/03 Q4/03 Q1/04 Q2/04 Q3/04 Continuous business 8 8 TELESTE Corporation
Slide 9: Net Sales by Quarters
Net Sales by Quarters 20,000 18,000 16,000 14,000 12,000 teur 10,000 8,000 6,000 4,000 2,000 0 Q1/02 Q2/02 Q3/02 Q4/Q2 Q1/03 Q2/03 Q3/03 Q4/03 Q1/04 Q2/04 Q3/04 Continuous business 9 9 TELESTE Corporation
Slide 10: Operating Profit by Quarters
Operating Profit by Quarters 2 500 2 000 1 500 1 000 500 teur 0 Q1/02 Q2/02 Q3/02 Q4/Q2 Q1/03 Q2/03 Q3/03 Q4/03 Q1/04 Q2/04 Q3/04 -500 -1 000 -1 500 -2 000 -2 500 Continuous business 10 10 TELESTE Corporation
Slide 11: Equity Ratio
Equity Ratio 50% 48% 46% 44% 42% 40% 38% 1999 2000 2001 2002 2003 Q3/2004 11 11 TELESTE Corporation
Slide 12: Gearing
Gearing 60% 50% 40% 30% 20% 10% 0% 1999 2000 2001 2002 2003 Q3/2004 -10% -20% -30% 12 12 TELESTE Corporation
Slide 13: Future Outlook
Future Outlook • Broadband Cable Networks - Market situation is expected to continue the positive development • Cable operator’s operative business and profitability is developing well • Investment plans for network upgrades has started • Demand for broadband Internet connections still growing We ex