Elisa Oyj Posts Strong Q4 2024 Results Amid Challenging Market Conditions
Elisa Oyj, a leading telecommunications company in Finland, has released its financial results for the fourth quarter of 2024. Despite a challenging macroeconomic environment, the company reported robust performance metrics, highlighting its resilience and strategic growth initiatives.
Sammanfattning
Elisa Oyj's Q4 2024 results show revenue growth and improved EBITDA despite challenging conditions. The company continues to expand its 5G and fiber networks, enhance customer satisfaction, and pursue strategic acquisitions.
Elisa Oyj, a prominent telecommunications operator in Finland, has reported its financial results for the fourth quarter of 2024. The company demonstrated resilience in a challenging macroeconomic environment, achieving significant growth in key performance indicators.
| KPI | Q4 2024 | Q4 2023 | Change (%) |
|---|---|---|---|
| Revenue | €580 million | €564 million | +2.8% |
| Operating Income | €504 million | €487 million | +3.5% |
| Net Income | Not disclosed | Not disclosed | N/A |
| Earnings per Share | €0.63 | €0.60 | +5.0% |
| Debt Ratio | Not disclosed | Not disclosed | N/A |
| Interest Coverage Ratio | Not disclosed | Not disclosed | N/A |
In comparison to the previous year, Elisa's revenue increased by €16 million, reaching €580 million in Q4 2024. The company's comparable EBITDA improved by 3% to €198 million. For the full year 2024, revenue rose by 1% to €2.2 billion, while both comparable EBITDA and EBIT reached record levels of €783 million and €504 million, respectively.
Elisa continued to expand its standalone 5G and fiber networks, achieving notable milestones such as trialing 100 Gbps speeds in a production fiber network in collaboration with Nokia. The company's Net Promoter Score, which measures customer satisfaction, increased to 31.1 from 28.1 in 2023.
Strategic acquisitions, such as the purchase of Italy-based sedApta, bolstered Elisa's international digital services segment, contributing to a 77% year-on-year growth in Q4 2024. This acquisition enhances Elisa's software offerings in industrial automation and strengthens its presence in the global manufacturing sector.
Elisa's outlook for 2025 remains cautiously optimistic, with expectations for revenue and EBITDA to be at or slightly above 2024 levels. The company plans to continue investing in productivity improvements, automation, and data analytics to enhance customer satisfaction and operational efficiency.
Conclusion: Elisa Oyj's strong financial performance in Q4 2024, despite external challenges, underscores its strategic focus on network expansion, customer satisfaction, and digital service growth. For investors, the company's resilience and growth initiatives present a promising outlook.
Källa
Sammanfattning
Elisa's financial statement for the fourth quarter of 2024 highlights strong performance despite challenging economic conditions. Revenue increased by EUR 16 million to EUR 580 million, and comparable EBITDA rose by 3% to EUR 198 million. For the full year 2024, revenue grew by 1% to EUR 2.2 billion, with record-high comparable EBITDA and EBIT of EUR 783 million and EUR 504 million, respectively. The company expanded its 5G and fiber networks and achieved significant technological milestones, including a 100 Gbps fiber network trial and deploying 800 Gbps coherent technology. Elisa's international digital services business experienced substantial growth, supported by acquisitions such as the Italy-based sedApta. The company emphasizes sustainability and digital safety, particularly for children and young people. The outlook for 2025 anticipates stable or slightly increased revenue and EBITDA, with a focus on mobile data and digital services. The Board of Directors proposes a dividend of EUR 2.35 per share, to be paid in two instalments, and seeks authorization to acquire up to 5 million treasury shares.
