Elisa Oyj (FRA:EIA)

€ 41.6 -0.32 (-0.76%) Market Cap: 6.70 Bil Enterprise Value: 8.00 Bil PE Ratio: 18.31 PB Ratio: 5.63 GF Score: 87/100

Q1 2022 Elisa Oyj Earnings Call Transcript

Apr 22, 2022 / 09:00AM GMT

Release Date Price: €52.5 (-3.35%)

Transcript

Vesa Sahivirta

Elisa Oyj - Director of IR

Good morning, everyone, and welcome to Elisa's First Quarter 2022 Analyst Meeting and Conference Call. I'm Vesa Sahivirta, the Head of Investor Relations. And here is, again, a very familiar team, CEO, Veli-Matti Mattila; and CFO, Jari Kinnunen, as well some audience. We start this meeting with a presentation followed by Q&A. We take first questions from the audience and then from the lines. And I think we are now 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 of the first quarter 2022 on my behalf as well.

Our revenue was growing by 6%, while the EBITDA grew by 4%. Mobile service revenues growing 6.8%. In Finland, we saw the churn to decrease fourth quarter. Intensive campaigning periods, of course, had a higher churn. We can say that the competitive intensity has not decreased or the competitive intensity is the same, except that those

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