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

Q4 2020 Eltel AB Earnings Call Transcript

Feb 18, 2021 / 09:00AM GMT

Release Date Price: €2.3 (+1.10%)

Transcript

Operator

Ladies and gentlemen, welcome to the Eltel Q4 teleconference 2020. Today, I am pleased to present CEO, Casimir Lindholm; and CFO, Saila Miettinen-LÃ¤hde. (Operator Instructions). Speakers, please begin.

Casimir Lindholm;publ;President;CEO

Eltel AB

()-&

Thank you. Hello, everyone, and welcome to this audiocast. My name is Casimir Lindholm. I'm the President and CEO of Eltel. With me, I have our CFO, Saila Miettinen-LÃ¤hde. We will today present Eltel's full year and Q4 report.

I will start by going through the highlights for the fourth quarter on Page 3. Our operational performance continued to improve during the fourth quarter, leading to a positive operative EBITDA for the full year 2020. This is the proof that we are on track with our transformation journey. Furthermore, our net working capital at year-end was at a historical low, and we were able to further reduce our net debt.

We signed 5 large and important frame agreements, which confirms our position as the leading Nordic field

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