No surprise regarding the Q3 release with revenues and EBITDA both growing by 1% yoy, but beyond the pandemic we clearly believe that Elisa is reverting to a no-growth status in the telecom sector.
This means that its valuation (the best in European telcos) is a little bit excessive. We maintain our opinion at Reduce on the stock.
16 Oct 2020
Reverting to a no-growth status?
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Reverting to a no-growth status?
Elisa Oyj Class A (ELISA:HEL) | 0 0 0.0%
- Published:
16 Oct 2020 -
Author:
Jean-Michel Salvador -
Pages:
2
No surprise regarding the Q3 release with revenues and EBITDA both growing by 1% yoy, but beyond the pandemic we clearly believe that Elisa is reverting to a no-growth status in the telecom sector.
This means that its valuation (the best in European telcos) is a little bit excessive. We maintain our opinion at Reduce on the stock.