TELES back in the black before tax
TELES makes headway in the restructuring. In the previous year the company from Berlin
closed with a profit before tax.
Berlin, April 7, 2014. The Berlin-based telecommunications service provider TELES AG
Informationstechnologien has made significant progress in restructuring the company
in the last business year. The Group’s annual net income was in the reporting period
approx. € 1.5m in comparison to the previous year with a loss of € 2.9m.
“In 2013 we have made a major leap forward,” explained Oliver Olbrich, Chief Operating
Officer of TELES. “This year we will focus our efforts on profitable growth: There is still
much work to be done to tap the full market potential – this applies to North America, where
we have not yet been able to fully reap the gains of this market sector.”
About TELES
Established in 1983, Berlin-based TELES AG Informationstechnologien provides access,
routing and switching equipment, services and solutions for voice and data communications.
TELES solutions are designed to meet the needs of service providers and enterprises.
The Deutsche Boerse Prime Standard listed company with branch offices in Austria and in
the USA provides its products and solutions to over 300 customers in the global
telecommunications industry.
30 Years TELES – We create networks that connect the world.
Please have a look at our website: www.teles.com
Ernst-Reuter-Platz 8
10587 Berlin
GERMANY
Phone +49 (30) 399 28 – 040
Fax +49 (30) 399 28 – 226
Mobile +49 (172) 321 82 79
Email m.scheffler@teles.com
Management Board: Prof. Dr. Sigram Schindler (CEO), Oliver Olbrich
Supervisory Board: Prof. Dr. Walter L. Rust (Chair), Prof. Dr. Radu Popescu-Zeletin, Prof. Dr. Dr. Thomas Schildhauer
Commercial Register: Amtsgericht Berlin Charlottenburg, HRB 60781