Eltel AB (FRA:E5E)
€ 0.532 0.002 (0.38%) Market Cap: 89.40 Mil Enterprise Value: 233.60 Mil PE Ratio: 0 PB Ratio: 0.52 GF Score: 56/100

Q2 2019 Eltel AB Earnings Call Transcript

Jul 24, 2019 / 08:00AM GMT
Release Date Price: €2.03 (-3.33%)
Operator

Ladies and gentlemen, welcome to the Eltel audiocast with teleconference Q2 2019 call. Today, I'm pleased to present CEO, Casimir Lindholm; and CFO, Petter Traaholt. (Operator Instructions) Speakers, please begin.

Casimir Lindholm;publ;President;CEO
Eltel AB

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Hello. Good morning, everyone, and welcome to this audiocast. My name is Casimir Lindholm, and I am the CEO of Eltel. With me, I have our CFO, Petter Traaholt. We will today present Eltel's Q2 report. I will start by going through the highlights in the first (sic) [second] quarter on Page 3.

Overall, we are proceeding according to plan. We are EUR 5 million better during the first 6 months compared to last year. We also had an internal goal to have a positive result after 6 -- the first 6 months, and we were very close to achieving that.

We are also improving the cash flow. We had a positive cash flow during Q2, and that is a very good sign. It's a very good sign in any turnaround and then it's a sign that we are doing the right

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