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

Q3 2020 Elisa Oyj Earnings Call Transcript

Oct 16, 2020 / 09:00AM GMT

Release Date Price: €50.02 (-0.87%)

Transcript

Vesa Sahivirta

Elisa Oyj - Director of IR

Good morning, everyone, and welcome to Elisa's Third Quarter 2020 Analyst Meeting and Conference Call. I'm Vesa Sahivirta, the Head of Investor Relations. And here together with me is a very familiar team, CEO, Veli-Matti Mattila; and CFO, Jari Kinnunen; and we have some audience as well.

We start this meeting with the presentation followed by Q&A. And in Q&A, we take first questions from the audience and then from the conference call lines. 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 welcome to Elisa's third quarter interim report in 2020 on my behalf as well. We had a solid development continuing regardless of the COVID-19 impacts. Revenue growing by 1% and our EBITDA was going up by 1%. Mobile service revenue decreased 0.5% year-on-year mostly by the decrease in roaming because the customers have not been traveling. Postpaid churn increased from

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