Home › Teleste withdraws FY financial guidance due to uncertainty caused by Covid-19
 

Keywords :   


Teleste withdraws FY financial guidance due to uncertainty caused by Covid-19

2020-03-30 09:22:00| Telecompaper Headlines

(Telecompaper) Finnish network equipment specialist Teleste said it is withdrawing its financial guidance for 2020 issued on 13 February, because of the potential impact of the Covid-19 pandemic and economic uncertainty. Teleste had predicted that net sales would not deviate materially from the EUR 235.5 million achieved for the 2019 full year, and predicted an adjusted operating profit of EUR 6-10 million compared with EUR 7.7 million in 2019. [ more ]

Tags: due financial caused guidance

Category:Telecommunications

Latest from this category

All news
»
27.03Covestro Publishes Energy Efficiency Target
27.03PPG Starts up Waterborne Automotive Coatings Plant in Thailand
27.03Susceptibility to bovine TB in cattle traced to key genes
27.03Fed cattle prices surge as beef production rises; Futures market faces pressure
27.03Strategic trace mineral supplementation offers advantages to cattle producers
27.03UK not entering trade war with US over car tariffs, says PM
27.03Axiota Animal Health announces FDA approval of Multimin 90
27.03APP Group Advocates Sustainable Packaging Solutions to Reduce Plastic Waste in the US
More »