Slide 1: Financial Highlights Q2 2015
Financial Highlights Q2 2015 Enabling Jukka Rinnevaara digital evolution CEO Teleste Proprietary. All rights reserved. Unclassified
Slide 2: We make…
We make… Teleste Proprietary. All rights reserved. Company restricted
Slide 3: your everyday life easier, safer and more efficient
your everyday life easier, safer and more efficient Teleste Proprietary. All rights reserved. Company restricted
Slide 4: Business Areas
Business Areas Video and Broadband Network Services Solutions Broadband networks and video Comprehensive service security and information solutions for cable networks solutions Teleste Proprietary. All rights reserved. Company restricted
Slide 5: Market environment Q2 2015
Market environment Q2 2015 Video and Broadband Solutions • Growth in demand for broadband capacity continued while network investments based on the new Docsis 3.1 standard went on at an accelerating pace • Orders received and net sales grew strongly • Orders received in the second quarter reached a
Slide 6: Overview Q2 2015
Overview Q2 2015 • Net sales 59,7 MEUR (49,4), +20,9 % • Operating profit 2,5 MEUR (1,4), +81,3 % • Net profit 1,7 MEUR (0,9), +89,9 % • EPS 0,10 EUR (0,05), +86,3 % • Operative cash flow -2,2 MEUR (0,3) • Orders received 64,1 MEUR (50,3), +27,5 % Net sales, M€ Operating profit, M€ EPS, € Operative
Slide 7: Teleste Group – Q2 2015 highlights
Teleste Group – Q2 2015 highlights • Both segments grew orders and net sales year-on-year and sequentially. • Orders received all-time high, strong demand especially for Docsis 3.1 access network products. • EBIT and EPS growth resulting from increased VBS sales volumes. Good operative results achie
Slide 8: Video and Broadband Solutions – Q2 2015 highlights
Video and Broadband Solutions – Q2 2015 highlights • Orders received and net sales grew year-on-year and sequentially. • All-time high net sales and order book. Strong demand especially for Docsis 3.1 access network products. • Significant operating profit improvement driven by increased access netw
Slide 9: Network Services – Q2 2015 highlights
Network Services – Q2 2015 highlights • Net sales and operating profit grew slightly year-on-year and sequentially. • Dissapointing profitability in Germany and in the UK. • Deviations in service volumes led to productivity underperformance in Germany. • New engineering services business expansion r
Slide 10: Teleste Group, January - June 2015
Teleste Group, January - June 2015 1-6 2015 1-6 2014 YoY change 1-12 2014 Orders received, M€ 121,0 97,2 +24,5 % 199,3 Net sales, M€ 113,2 92,9 +21,8 % 197,2 EBIT, M€ 5,1 2,7 +91,0 % 11,1 EBIT-% 4,5 % 2,9 % 5,6 % Net profit, M€ 3,9 1,8 +115,0 % 8,5 EPS, € 0,22 0,10 +111,5 % 0,48 Operative cash flow
Slide 11: Video and Broadband Solutions, January - June 2015
Video and Broadband Solutions, January - June 2015 1-6 2015 1-6 2014 YoY change 1-12 2014 Orders received, M€ 74,9 52,8 +41,9 % 109,0 Net sales, M€ 67,1 48,5 +38,3 % 106,9 EBIT, M€ 5,0 2,6 +89,8 % 9,7 EBIT-% 7,5 % 5,4 % 9,0 % Average personnel 682 562 +21,4 % 560 Teleste Proprietary. All rights rese
Slide 12: Network Services, January - June 2015
Network Services, January - June 2015 1-6 2015 1-6 2014 YoY change 1-12 2014 Orders received, M€ 46,1 44,5 +3,8 % 90,3 Net sales, M€ 46,1 44,5 +3,8 % 90,3 EBIT, M€ 0,1 0,0 +170,1 % 1,5 EBIT-% 0,2 % 0,1 % 1,6 % Average personnel 795 713 +11,5 % 741 Teleste Proprietary. All rights reserved. Unclassifi
Slide 13: Orders Received
Orders Received Teleste Group 250 199,3 200 188,1 189,7 188,9 Orders received, M€ 150 4Q 121,0 3Q 100 2Q 64,1 1Q 49,2 50,3 50,6 44,2 50 0 11 12 13 14 2Q15 Teleste Proprietary. All rights reserved. Unclassified 13
Slide 14: Net Sales
Net Sales Teleste Group 250 193,9 192,8 197,2 200 183,6 Net Sales, M€ 150 4Q 113,2 3Q 100 2Q 49,7 59,7 1Q 41,9 46,5 49,4 50 0 11 12 13 14 2Q15 Teleste Proprietary. All rights reserved. Unclassified 14
Slide 15: Earnings Per Share
Earnings Per Share Teleste Group 0,60 0,50 0,47 0,48 0,38 0,40 0,36 4Q EPS, EUR 0,30 3Q 0,22 2Q 0,20 1Q 0,07 0,10 0,07 0,10 0,05 0,03 0,00 11 12 13 14 2Q15 Teleste Proprietary. All rights reserved. Unclassified 15
Slide 16: Equity Ratio
Equity Ratio Teleste Group 60% 52,7 % 53,4 % 50,5 % 50% 44,3 % 41,6 % 40% 30% 20% 10% 0% 2011 2012 2013 2014 Q2 15 Teleste Proprietary. All rights reserved. Unclassified 16
Slide 17: Gearing
Gearing Teleste Group 40% 35,3 % 32,2 % 30% 20% 13,7 % 13,8 % 9,5 % 10% 0% 2011 2012 2013 2014 Q2 15 Teleste Proprietary. All rights reserved. Unclassified 17
Slide 18: Order Backlog at the end of period
Order Backlog at the end of period Teleste Group 50 46,7 45 40 35 30 25 21,2 20 17,0 15,2 15 13,1 10 5 0 2011 2012 2013 2014 H1 15 Teleste Proprietary. All rights reserved. Unclassified 18
Slide 19: Outlook
Outlook 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. Network capacity will continue to increase, driven by the new broadband and video services provided by th