SHERIDAN, WYOMING – April 25, 2025 - Comprehensive annual documentation highlights Teleste's continued commitment to transparency, sustainability, and digital reporting compliance
Teleste Corporation has officially published its Annual Report 2024 and Financial Statements, providing stakeholders and the public with a complete overview of the company’s financial and operational performance for the fiscal year ending December 31, 2024. The documents are now accessible via the company’s official website: teleste.com/financial-reports.
Detailed disclosures in line with European standards
Annual Report publication underscores regulatory alignment
The Annual Report 2024 includes a suite of essential reports: the audited financial statements, the annual review by the Board of Directors, Teleste’s corporate governance statement, and the Auditor’s Report. It also features the Remuneration Report for governing bodies.
According to the company, "The Sustainability statement has been prepared in accordance with the European Sustainability Reporting Standards (ESRS) and Chapter 7 of the Finnish Accounting Act." This underscores Teleste’s proactive approach in adhering to emerging EU transparency and sustainability mandates.
Digital formatting advances financial accessibility
ESEF-compliant disclosures expand usability
In compliance with European Single Electronic Format (ESEF) reporting requirements, Teleste’s financial statements are available in XHTML format. These documents are enhanced with iXBRL tags, including block tags for detailed notes, improving machine readability and data integration across platforms.
“The audit firm PricewaterhouseCoopers Oy has provided an independent auditor’s report on Teleste’s ESEF financial statements based on a reasonable assurance engagement it has performed in accordance with International Standard on Assurance Engagements ISAE 3000,” the company confirms. This level of assurance enhances confidence among investors and analysts seeking credible, verifiable data.
Sustainability reporting gains prominence
Assured by PwC under international standards
A key feature of the 2024 report is Teleste’s Sustainability Statement, which reflects the company’s drive toward responsible business practices. In alignment with EU Taxonomy Regulation and Article 8, the report received limited assurance by PricewaterhouseCoopers Oy, based on ISAE 3000 (revised).
This enhanced focus on ESG (Environmental, Social, and Governance) reporting positions Teleste as a forward-thinking player in an industry undergoing rapid regulatory and ethical transformation.
Access to full reports and supporting materials
Stakeholders encouraged to review comprehensive materials
The Annual Report, Financial Statements, and Remuneration Report are available as PDF attachments and can be downloaded directly from the company's investor relations portal at teleste.com/investors. Additionally, the Finnish version of the ESEF financial statements is available in a downloadable zip file format.
About Teleste Corporation
Headquartered in Finland and listed on Nasdaq Helsinki, Teleste offers integrated solutions in broadband, security, and public information technologies. The company’s innovations support smarter, safer, and more connected communities. In 2024, Teleste recorded EUR 132.5 million in net sales and employed approximately 670 professionals worldwide.
For more information, visit www.teleste.com.