Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. Finland
  4. Nasdaq Helsinki
  5. Elisa Oyj
  6. News
  7. Summary
    ELISA   FI0009007884

ELISA OYJ

(ELISA)
  Report
Delayed Quote. Delayed Nasdaq Helsinki - 07/23 11:29:57 am
54.26 EUR   +0.11%
07/21Telia core earnings beat as Nordic countries open up
RE
07/20ELISA : Notification of the Managers' Transactions
AQ
07/16ELISA OYJ : Operational Data Q2 2021 (.xlsx)
PU
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Finnish telecom Elisa's second-quarter profit rises on cost cuts, data demand

07/15/2020 | 02:22am EDT

Finnish telecom service provider Elisa on Wednesday reported higher profit for the April-June quarter, boosted by cost cuts, growth in consumer business as the coronavirus-induced lockdown helped boost customers' data usage.

Finnish telecom service provider Elisa on Wednesday reported higher profit for the April-June quarter, boosted by cost cuts, growth in consumer business as the coronavirus-induced lockdown helped boost customers' data usage.

The company's earnings before taxes, depreciation and amortisations (EBITDA) came in at 168 million euros (£152.3 million), up 6% from last year. The numbers were in line with analysts' average forecast of 168.7 million euros in a Refinitiv poll.

Elisa said the lockdowns in Finland and Estonia boosted data usage on its mobile network that surged over 40% in the second quarter from last year.

However, group sales grew just 2% as shoppers were reluctant to enter stores for non-essentials during the lockdown.

"Mobile churn levels and equipment sales have decreased due to the reduced number of customer visits to physical stores, and roaming revenue has reduced as travelling has been virtually non-existent," the Finnish company said.

Elisa, which competes with Telia and Telenor's DNA for Finnish market share, reiterated that it expects 2020 revenue and EBITDA at the same level or slightly higher than 2019, despite mounting risks of an economic slowdown.

(Reporting by Tarmo Virki in Tallinn; Editing by Christian Schmollinger and Sherry Jacob-Phillips)


© Reuters 2020
Stocks mentioned in the article
ChangeLast1st jan.
ELISA OYJ 0.11% 54.26 Delayed Quote.20.93%
TELENOR ASA 0.88% 154.15 Real-time Quote.5.65%
TELIA COMPANY AB 0.62% 38.925 Delayed Quote.14.62%
All news about ELISA OYJ
07/21Telia core earnings beat as Nordic countries open up
RE
07/20ELISA : Notification of the Managers' Transactions
AQ
07/16ELISA OYJ : Operational Data Q2 2021 (.xlsx)
PU
07/16Elisa to Seek Acquisitions
CI
07/16ELISA OYJ : Affirms FY21 Outlook of Slight Revenue Growth, Stable EBITDA
MT
07/16ELISA OYJ : Half-Year Financial Report 2021
PU
07/16ELISA OYJ : Half-Year Financial Report January-June 2021
AQ
07/16Elisa Oyj Provides Earnings Guidance for the Full Year 2021
CI
07/16Elisa Oyj Reports Earnings Results for the Second Quarter Ended June 30, 2021
CI
06/18ELISA OYJ : transfer of company's own shares
AQ
More news
Financials
Sales 2021 1 956 M 2 302 M 2 302 M
Net income 2021 340 M 400 M 400 M
Net Debt 2021 1 188 M 1 398 M 1 398 M
P/E ratio 2021 25,6x
Yield 2021 3,75%
Capitalization 8 692 M 10 224 M 10 228 M
EV / Sales 2021 5,05x
EV / Sales 2022 4,91x
Nbr of Employees 5 478
Free-Float 83,9%
Chart ELISA OYJ
Duration : Period :
Elisa Oyj Technical Analysis Chart | ELISA | FI0009007884 | MarketScreener
Technical analysis trends ELISA OYJ
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 21
Last Close Price 54,26 €
Average target price 51,26 €
Spread / Average Target -5,52%
EPS Revisions
Managers and Directors
Veli-Matti Johannes Mattila Chief Executive Officer
Jari Juhani Kinnunen Chief Financial Officer
Anssi Markku Kaleva Vanjoki Chairman
Sami Tapio Ylikortes Executive Vice President-Administration
Seija Kaarina Turunen Independent Director
Sector and Competitors
1st jan.Capi. (M$)
ELISA OYJ20.93%9 585
VERIZON COMMUNICATIONS-4.77%233 417
CHARTER COMMUNICATIONS, INC.9.86%136 083
CHINA MOBILE LIMITED13.35%130 586
DEUTSCHE TELEKOM AG19.59%101 282
NIPPON TELEGRAPH AND TELEPHONE CORPORATION7.41%94 734