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 2020 Elisa Oyj Earnings Call Transcript

Apr 22, 2020 / 09:00AM GMT

Release Date Price: €52.56 (-1.05%)

Transcript

Vesa Sahivirta

Elisa Oyj - Director of IR

Good morning, ladies and gentlemen. And welcome to Elisa's First Quarter 2020 Conference Call.

I'm Vesa Sahivirta, Head of Investor Relations, and here together with me is a very familiar team: CEO Veli-Matti Mattila and CFO Jari Kinnunen. We start this meeting with presentations, followed by Q&A. And because we don't have any audience here, so we go straight to the conference call lines.

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

Veli;Matti Johannes Mattila

Elisa Oyj - CEO, President & Member of Executive Board

Thank you, Vesa, and good morning, everybody, on my behalf as well. And welcome to Elisa's first quarter result review.

Let me start by going through the highlights first. Our revenue was growing by 6% during the quarter. Comparable EBITDA was up by 5% as well. Mobile service revenue was growing 2.1%, and we saw churn to come down to 18.9% during the quarter. We had increase in postpaid mobile subscriptions over 20,000. In the

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