Teleste

The improvement in loan terms is expected as the balance sheet has strengthened.

In our view, the cooperation will help Teleste strengthen its competitive position in European network upgrades but will not necessitate any changes to our forecasts.

Compared to the earnings growth outlook for the coming years, Teleste's share valuation appears moderate.

Adjusted EBIT exceeded our estimate, driven by efficiency measures and a strong gross margin.

For indeværende år tynger indtjeningsforventningerne mod slutningen af året.