Eltel AB (FRA:E5E)

€ 0.604 0.006 (1%) Market Cap: 101.86 Mil Enterprise Value: 229.25 Mil PE Ratio: 0 PB Ratio: 0.56 GF Score: 49/100

Q1 2020 Eltel AB Earnings Call Transcript

Apr 29, 2020 / 08:00AM GMT

Release Date Price: €1.79 (+0.34%)

Transcript

Operator

Hello, and welcome to Eltel Audiocast with Teleconference Q1 2020. (Operator Instructions)

Today, I am pleased to present CEO, Casimir Lindholm; and CFO, Saila Miettinen-LÃÂ¤hde. Please begin your meeting.

Casimir Lindholm;publ;President;CEO

Eltel AB

()-&

Thank you. Hello, everyone, and welcome to this audiocast. My name is Casimir Lindholm, and I'm the President and CEO of Eltel. With me, I have our CFO, Saila Miettinen-LÃÂ¤hde. We will today present Eltel's Q1 report.

I will start by going through the highlights of the third (sic) [first] quarter on Page 3. We have won significant and strategically important contracts in both the Power and Communication segments in Finland and Sweden. This is a statement and testament that Eltel continues to deliver high-quality services and therefore is the customer's first choice. These new contracts, mainly frame agreements, are predictable and repetitive business with healthy margins and low working capital requirements. I will get back to these

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