Teleste Corporation · OMXHEX:TLT1V
Teleste — Q2 2004 Earnings Presentation
13 slides from Teleste's earnings presentation, 2004
Slide 1: Interim Report Q2 2004
Interim Report Q2 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 Q2
Market Situation Q2 Market situation improved • Main business - Broadband Cable Networks - Market turned into the right direction • Cable operators network investments clearly activated especially in Europe • Intense price competition still prevailed the markets • Video Networks – Market situation s
Slide 4: Q2 Interim Report
Q2 Interim Report 2004 2003 Change% Orders Received 23.5 13.0 +81% Net Sales 13.7 11.9 +15% Operating Profit 0.6 0.4 +45% Net Profit for the Period 0.3 0.4 -27% 4 4 TELESTE Corporation
Slide 5: Broadband Cable Networks (BCN)
Broadband Cable Networks (BCN) 2004 2003 Change% Net Sales 11.0 9.9 +12% Orders Received 20.5 11.0 +87% 5 5 TELESTE Corporation
Slide 6: Video Networks (VN)
Video Networks (VN) 2004 2003 Change% Net Sales 2.6 2.0 +31% Orders Received 3.0 2.0 +49% 6 6 TELESTE Corporation
Slide 7: H1 Group
H1 Group 2004 2003 Change% Orders Received 34.7 24.1 +44% Net Sales 24.8 24.4 +2% Operating Profit 0.4 0.1 +222% Net profit 0.1 - 0.1 EPS 0.00 -0.01 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 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 Continuous business 9 9 TELESTE Corporation
Slide 10: Operating Profit by Quarters
Operating Profit by Quarters 1,500 1,000 500 0 Q1/02 Q2/02 Q3/02 Q4/Q2 Q1/03 Q2/03 Q3/03 Q4/03 Q1/04 Q2/04 teur -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 Q2/2004 11 11 TELESTE Corporation
Slide 12: Gearing
Gearing 60% 50% 40% 30% 20% 10% 0% 1999 2000 2001 2002 2003 Q2/2004 -10% -20% -30% 12 12 TELESTE Corporation
Slide 13: Future Outlook
Future Outlook • Broadband Cable Networks – Market situation showing good signals • Cable operator’s operative business stabilizing • Investment plans for networks upgrades activating • Demand for broadband Internet connections still growing We expect the market growth to continue this year • Video