3.17
+0.32%
Close of 9 Nov 2026, in EUR
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About Teleste Oyj
Its shares trade on Nasdaq Helsinki under the ticker TLT1V.HE. It has been listed since 30 March 1999. In the fiscal year to 31 December 2025, it reported revenue of €138.6m and net income of €2.8m. At that date it held total assets of €122.7m and shareholders' equity of €57.9m.
Teleste Oyj engages in the development of security, broadband, and information technologies, and related services. The company is headquartered in Turku, Lansi-Suomen. The firm is operational through two business units, Video and Broadband Solutions business segment focusing on product solutions for broadband access networks, video service platforms and video surveillance applications; and Network Services segment, delivering comprehensive network service solutions including new construction, rebuilding, upgrading, planning and maintenance services of cable networks. The firm also offers network services for turn-key projects and new construction. Additionally, it provides public transportation information systems and display solutions via Mitron Group Oy Ltd. The firm operates around 30 wholly owned subsidiaries in such countries as Germany, Belgium, Norway, the United Kingdom, Switzerland, Finland, Sweden, Poland, India, Slovenia, China, France and the United States.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Information Technology
- Industry
- Communications Equipment
- Listed since
- 30 Mar 1999
- Employees
- 858
- Website
- teleste.com ↗
Leadership
Pay as last reported
- Mr. Timo LuukkainenNon-Executive Chairman of the Board€67,600
- Mr. Esa HarjuPresident, Chief Executive Officer, Member of the Leadership Team, since 2012€378,863
- Ms. Mervi Kerkela-hiltunenChief Financial Officer, Member of the Leadership Team
- Mr. Ulf AnderssonExecutive Vice President - Broadband Networks, Member of the Leadership Team
- Mr. Tuomas VanneSenior Vice President - People and Culture, Member of the Leadership Team
- Mr. Pasi JaervenpaeaeSenior Vice President - Research and Development, Member of the Leadership Team
- Ms. Linda KallasSenior Vice President - Strategy, Communications and Sustainability, Member of the Leadership Team
- Mr. Esa KorolainenSenior Vice President - Operations, Logistics and Sourcing, Member of the Leadership Team
- Mr. Valerian SandSenior Vice President - Public Safety and Mobility, Member of the Leadership Team
- Mr. Vesa KorpimiesDirector€36,600
- Mr. Jussi HimanenIndependent Director€36,600
- Ms. Mirel Leino-haltiaIndependent Director€49,000
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 70
- Environment
- 74
- Social
- 67
- Governance
- 68
- Direct emissions (scope 1)
- 126 t
- Energy emissions (scope 2)
- 600 t
- Value chain emissions (scope 3)
- 942 t
- Women in the workforce
- 25.63291%
- Carbon reduction policy
- No
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Teleste Oyj has several strengths that contribute to its success in the market. Firstly, the company has a strong technological expertise and a comprehensive product portfolio. This allows Teleste to meet a wide range of customer needs and cater to different markets. Secondly, Teleste has established a strong reputation for high-quality products and reliable services, which enhances customer trust and loyalty. Additionally, the company has a global presence with a strong distribution network, enabling it to reach customers worldwide.
Weaknesses
- Despite its strengths, Teleste Oyj also faces certain weaknesses that need to be addressed. One significant weakness is the company's dependence on a few key customers for a large portion of its revenue. This creates a risk of financial instability if those customers reduce their orders or switch to competitors. Furthermore, Teleste operates in a highly competitive market where price pressures are common. This may impact the company's profitability and market share. Improving efficiency and diversifying the customer base could help mitigate these weaknesses.
Opportunities
- Teleste Oyj operates in an industry with several growth opportunities. The increasing demand for high-speed internet and digital television services presents a significant opportunity for the company. Teleste can leverage its expertise to develop innovative solutions that cater to this demand. Additionally, the growing adoption of smart city technologies and the need for efficient public transportation systems creates avenues for Teleste to expand its product offerings and generate new revenue streams. Expanding into emerging markets with less competition could also provide long-term growth opportunities for the company.
Threats
- Teleste Oyj faces various threats that pose challenges to its business. One major threat is the rapid technological advancements in the industry, which require continuous investments in research and development to stay competitive. Failure to keep pace with these advancements may result in losing market share to more innovative companies. Additionally, the industry is subject to regulatory changes and evolving standards, which can increase compliance costs and affect product development. Economic downturns and fluctuations in exchange rates also pose risks to Teleste's international operations. Implementing effective risk management strategies and staying adaptable to industry changes are crucial for mitigating these threats.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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