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Companies >
Finland >
Telecoms - Fixed & Cable >
ELISA OYJ >
Research >
Slight growth in Q2

  • 16 Jul 2015

Slight growth in Q2


ELISA OYJ | ELI1V | 0 0 0.0%


  • AlphaValue
    • Jean-Michel Salvador

    • 2 pages

Telecomms - Fixed & Cable image


 
Telecomms - Fixed & Cable image


An as expected Q2 for Elisa with revenues up by 2% yoy (to €390m) while the EBITDA grew by 3% yoy (to €131m) thanks to continued efficiency improvements. Remember that three months ago Elisa had kicked off the telcos' Q1 release season with stable revenues and a slight 2% increase in the EBITDA. The outlook for 2015 is unchanged: full-year revenue and EBITDA are estimated to be at the same level as in 2014. Full-year capex is expected to be a maximum of 12% of revenue (quite logical ....


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