Elisa’s Q3 2024 Earnings: A Closer Look
Welcome to Elisa’s Q3 2024 Interim Report
Good morning everyone! Vesa Sahivirta, Head of Investor Relations, here. I’m excited to introduce our CEO, Topi Manner, and CFO, Jari Kinnunen, as we dive into Elisa’s Third Quarter 2024 Interim Report. We have a packed agenda, starting with a presentation, followed by a Q&A session. Let’s get started!
Revenue Highlights: A Mixed Bag
Topi Manner takes the floor: “Good day, everyone! Thank you for joining us today. Let’s dive into the highlights of our Q3 performance. Our revenue saw a 2% decline, primarily due to the net impact of acquisitions and disposals. Additionally, lower equipment sales played a significant role, as consumers opted to hold onto their devices for longer periods. The regulated revenue related to interconnection and corporate numbers also contributed to this decline, amounting to €14 million in revenue.”
Breaking Down the Numbers
Had we eliminated these factors, our revenue would have actually seen an increase. So, what do these numbers tell us? It’s clear that consumers are becoming more cautious with their device purchases, and we need to adapt to this new landscape. Meanwhile, our focus on strategic acquisitions and disposals will continue to shape our revenue stream.
A Deeper Dive into Q3 Performance
We’ll explore the intricacies of our Q3 performance, including the impact of market trends and our response to these changes. Stay tuned for more insights from Topi and Jari as we navigate the Q&A session.
Your Questions, Answered
Now it’s your turn! We invite our audience to pose their questions, and our team will provide detailed responses. Let’s get started!
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