Elisa Oyj (OTCPK:ELMUY)

$ 22 0 (0%) Market Cap: 7.06 Bil Enterprise Value: 8.44 Bil PE Ratio: 17.52 PB Ratio: 4.94 GF Score: 82/100

Q1 2023 Elisa Oyj Earnings Call Transcript

Apr 20, 2023 / 09:00AM GMT

Release Date Price: $31.15

Transcript

Vesa Sahivirta

Elisa Oyj - Director of IR

Good morning, everyone, and welcome to Elisa's First Quarter 2023 Conference Call. My name is Vesa Sahivirta, and I'm Head of the Investor Relations. And here, again, we have very familiar team, CEO, Veli-Matti Mattila; and CFO, Jari Kinnunen. Following the normal practice, we start this meeting with a presentation followed by Q&A. And in Q&A, we take first questions from the audience if we have and then from the conference call lines. But now 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 Interim Report Q1 2023 on my behalf as well.

Let's get started by the highlights. Our revenue was growing by 5.5%, while the EBITDA growth was 3.5%. Mobile service revenue increased 4.9%, and the post-paid churn was decreasing further to 14.9% this quarter. We had post-paid subscriptions growing by 19,400. Machine-to-machine and IoT subscription

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