Elisa Oyj (ELMUY) Q4 2025 Earnings Call Transcript
Elisa Oyj (OTCPK:ELMUY) Q3 2025 Earnings Call October 23, 2025 5:00 AM EDT Company Participants Vesa Sahivirta - Director of Investor Relations Topi Manner - CEO & Member of Management Board Jari Kinnunen - CFO & Member of Executive Board Conference Call Participants Andrew Lee - Goldman Sachs Group, Inc., Research Division Owen McGiveron - BofA Securities, Research Division Andreas Joelsson - DNB Carnegie, Research Division Paul Sidney - Joh. Berenberg, Gossler & Co. KG, Research Division Ajay Soni - JPMorgan Chase & Co, Research Division Abhilash Mohapatra - BNP Paribas Exane, Research Division Artem Beletski - SEB, Research Division Siyi He - Citigroup Inc., Research Division Terence Tsui - Morgan Stanley, Research Division Presentation Vesa Sahivirta Director of Investor Relations Good morning, everyone, and welcome to Elisa's Third Quarter 2025 Analyst Meeting and Conference Call.
Elisa Ojy is a well-managed Finnish telecommunications company with strong operating margins, high ROIC, and a generous dividend policy, making it a potentially attractive investment. The company is diversifying into high-growth areas like streaming, corporate IT, IoT, and international software services, enhancing its competitive moat and innovation. Despite mixed Q3 financial results, Elisa's EBITDA increased, and the company upgraded its full-year guidance, reflecting operational efficiency and strategic growth initiatives.
| Specialized REITs Industry | Real Estate Sector | Mr. Topi Manner M.Sc. CEO | OTC PINK Exchange | 28660R102 CUSIP |
| US Country | 5,961 Employees | 20 Jul 2026 Last Dividend | - Last Split | - IPO Date |
Elisa Oyj is a prominent telecommunications service provider with operations stretching from Finland to the rest of Europe and onto the international stage. The company, founded in 1882 and based in Helsinki, Finland, caters to a wide audience, including consumers, corporate entities, and public administration organizations. It operates through two main segments: Consumer Customers and Corporate Customers. Through these segments, Elisa Oyj offers a comprehensive array of telecommunications and digital solutions designed to meet the evolving needs of its varied clientele.
Elisa Oyj provides a broad spectrum of data communication services to its customers. These include both fixed and mobile network subscriptions that ensure connectivity regardless of the user's location. Beyond simple connectivity, Elisa extends its offerings to supplementary digital services, which encompass a range of solutions from entertainment services to ebook services, designed to enhance the digital lifestyle of its subscribers. Additionally, cable-TV subscriptions are part of the portfolio, catering to the traditional entertainment needs of consumers.
Elisa Polystar stands as a software suite developed by Elisa Oyj, aimed at telecom operators seeking efficient automation and operational solutions. The software specializes in automated operations and backup, network monitoring and analytics, as well as data integration and transfer. This tool enables telecom operators to enhance their operational efficiency and reliability, marking Elisa Oyj’s contribution to the backend support and optimization of telecommunication services.
As a testament to its innovation beyond core telecom services, Elisa Oyj offers Elisa IndustrIQ. This industrial software solution serves sectors ranging from high-tech and chemicals to food and beverage, as well as machinery and equipment. The software focuses on optimizing key supply chain, production, quality, and Environmental, Health, and Safety (EHS) processes. Elisa IndustrIQ exemplifies the company's push into digital solutions tailored for the industrial sector, enabling businesses to achieve greater efficiencies and sustainability in their operations.
Elisa Oyj provides advanced solutions catered towards the automation of network management and operation specifically for mobile operators. These solutions cover a broad spectrum of needs, ensuring efficient and seamless network functionality, which is pivotal in today’s fast-paced digital world. The offering underscores Elisa’s pivotal role in supporting mobile telecommunications' infrastructure and operational excellence.
The company extends its technological prowess into the realm of the Internet of Things (IoT), offering holistic IoT solutions tailored for various industrial applications. These solutions facilitate smarter and more efficient operations across diverse sectors, leveraging connected devices and systems to optimize processes, enhance data collection and analysis, and enable decision-making that is both data-driven and agile.
Elisa Oyj’s repertoire of products and services also includes a wide array of Information and Communications Technology (ICT) and online services. This encompasses everything from cloud solutions to cybersecurity, aiming to support businesses in their digital transformation journey, enhance their operational efficiency, and safeguard their digital assets against emerging threats.
In a nod to consumer electronics and the growing market for wearable technology, Elisa Oyj also enters the market with smartwatches designed specifically for children. These innovative products combine functionality with safety, allowing parents to stay connected with their children and monitor their well-being through technology.
Demonstrating its commitment to sustainability and innovation, Elisa Oyj has ventured into electricity generation through base station battery reserves. This initiative not only supports the company's operations but also contributes to the broader efforts towards sustainable energy use, highlighting Elisa Oyj’s role in pioneering environmentally friendly technologies within the telecommunications sector.