Full Year Results 

Troubled Telit confident about 2018

Troubled Telit confident about 2018

It wasn’t exactly Telit Communications’ (TCM) best year. While revenue was flat, the 'internet of things' enabler plunged into the red, albeit as a result of a marked step-up in research and development and restructuring costs. Then there was the untimely departure of former chief executive Oozi Cats, after evidence emerged of an historic indictment against him in the US – a management overhaul quickly ensued.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now