February 8, 2018 / 6:39 AM / 14 days ago

BRIEF-Teleste Oyj Q4 Operating Profit Falls To EUR 0.3 Million

Feb 8 (Reuters) - Teleste Oyj:

* Q4 NET SALES EUR 58.7 MILLION VERSUS EUR 68.6 MILLION YEAR AGO

* Q4 OPERATING PROFIT EUR 0.3 MILLION VERSUS EUR 4.3 MILLION YEAR AGO

* Q4 ORDERS RECEIVED EUR 66.7 MILLION VERSUS EUR 64.6 MILLION YEAR AGO

* EXPECTS COMPANY‘S NET SALES TO INCREASE IN 2018 COMPARED WITH 2017 (EUR 234.6 MILLION)

* 2018 OPERATING RESULT IS EXPECTED TO BE CLEARLY POSITIVE

* ‍DIRECTORS PROPOSES A DIVIDEND OF EUR 0.10 (0.25) PER OUTSTANDING SHARE.​ Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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