Elisa Oyj (FRA:EIA)

€ 42.04 0.64 (1.55%) Market Cap: 6.76 Bil Enterprise Value: 8.06 Bil PE Ratio: 18.31 PB Ratio: 5.63 GF Score: 87/100

Q1 2019 Elisa Oyj Earnings Call Transcript

Apr 17, 2019 / 09:00AM GMT

Release Date Price: €37.29 (-0.72%)

Transcript

Vesa Sahivirta

Elisa Oyj - Director of IR

Good morning, everyone, and welcome to Elisa's First Quarter 2019 Conference Call and Analyst Meeting. I'm Vesa Sahivirta, Head of Investor Relations, and here is again a very familiar team, CEO, Veli-Matti Mattila; and CFO, Jari Kinnunen. We start this meeting with a presentation followed by Q&A, and first, we take questions from the audience here and then from the conference call lines.

I think we are ready to start, so I give the word to Veli-Matti, please.

Veli;Matti Johannes Mattila

Elisa Oyj - CEO, President & Member of Executive Board

Thank you, Vesa, and welcome to Elisa's first quarter 2019 record review on my behalf as well.

We had a good quarter. We were executing according to the guidance and plan we have set and had. Revenue was slightly down, especially due to the equipment sales going down a bit. Also, interconnection prices have come down, bringing revenue slightly down. Also with that, did some divestments last year also that impacted on revenues.

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