Nordic Business Report-April 25, 2006-Teleste Corporation reports 3-month operating profit of EUR2.2m
(C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com
Finnish technology group Teleste Corporation reported on Tuesday (25 April) an operating profit of EUR2.2m on net sales of EUR22.8m for the financial quarter January-March 2006.
Both operating profit and net sales for the three-month period increased, respectively from EUR1.3m and EUR19.8m, as compared to the corresponding period in 2005.
Teleste expected its sales and profitability for the full year to improve.
One euro (EUR) is worth approximately 0.69 British pounds (GBP).
((Comments on this story may be sent to email@example.com))