Pressmeddelanden, rapporter och bolagsmeddelande för Elisa Oyj

Elisa Corporation has announced its Annual General Meeting (AGM) for shareholders on April 2, 2025, in Helsinki. Registration and voting ticket distribution will start at noon, with coffee served until the meeting begins. Shareholders can vote in advance, and instructions are provided in the meeting notice. Key agenda items include the adoption of financial statements, profit allocation, and dividend payment for 2024, with a proposed dividend of EUR 2.35 per share paid in two installments. Other matters include discharging the Board and CEO from liability, approving remuneration reports and policies, and electing Board members and auditors. The Board proposes changes to the Articles of Association regarding sustainability reporting and authorizations for share repurchases and issuances. Shareholders can participate in person or via proxy, with advance voting options available. The meeting will be conducted in Finnish.

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.

Elisa's Annual General Meeting on April 12, 2024, determined that the rights of Kymen Puhelin Plc and Telekarelia Plc owners to receive Elisa Corporation shares as merger consideration were forfeited on that date. Consequently, 113,131 Elisa shares were moved from a common account to Elisa's treasury shares. Following this transfer, Elisa holds 6,925,607 treasury shares, with a total of 167,335,073 shares.

Elisa Corporation's Shareholders’ Nomination Board has proposed maintaining the Board of Directors at eight members for the 2025 Annual General Meeting. Current Chair Anssi Vanjoki and Board member Antti Vasara will not seek re-election. The Nomination Board suggests re-electing Maher Chebbo, Kim Ignatius, Katariina Kravi, Pia Kåll, Eva-Lotta Sjöstedt, and Christoph Vitzthum, and nominating Tuomas Hyyryläinen and Urs Schaeppi as new members. Christoph Vitzthum is proposed as the new Chair, and Katariina Kravi as Deputy Chair. The candidates are deemed independent, except Hyyryläinen, who is not independent of significant shareholder Solidium. The Nomination Board recommends shareholders vote on the proposal as a whole, emphasizing the Board's independence and compliance with Finnish Corporate Governance Code. Proposed changes in remuneration include annual payments of EUR 160,000 for the Chair, EUR 89,000 for the Deputy Chair and Committee Chairs, and EUR 73,000 for other members, with meeting fees remaining unchanged. Remuneration will be partly in shares and partly in cash. More details are available on Elisa’s website.

Elisa has announced the appointment of Stuart Wells as Executive Vice President and Chief Marketing Officer, effective April 1, 2025. He will also join the Elisa Corporate Executive Board and report to CEO Topi Manner. Wells, who previously served as Vice President of Marketing for Adidas Digital Sports, brings extensive experience from his roles at Adidas, Nokia, and Abbott Mead Vickers BBDO. Topi Manner expressed confidence in Wells' ability to drive growth for Elisa. Antti Nieminen, the current Executive Vice President for marketing, will leave the company on April 1, 2025. Manner thanked Nieminen for his contributions and wished him success in his future endeavors.