Telit Communications PLC operates in the Telephone and telegraph apparatus sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Telit Communications PLC with three other
audio-visual equipment producers in Europe:
sales of 214.15 million Euros [US$259.89 million]
of which 55%
was Germany - Operating segment),
(200.64 million Euros [US$243.49 million]
of which 67%
was Industry), and
Ericsson Nikola Tesla DD
based in CROATIA
(2.02 billion Croatian Kunas [US$326.91 million]
of which 48%
Telit Communications PLC reported sales of £265.87 million (US$374.99 million)
December of 2020.
decrease of 13.4%
versus 2019, when the company's sales were £306.87 million.
Contributing to the drop in overall sales was the 15.6% decline
in Iot Products, from £274.86 million to £231.87 million.
However, these declines were partially offset by the increase in sales of
Cloud Connectivity Services (up 6.2% to £34.00 million)