Eltel AB (STU:E5E)
€ 0.582 -0.002 (-0.33%) Market Cap: 96.21 Mil Enterprise Value: 240.41 Mil PE Ratio: 0 PB Ratio: 0.56 GF Score: 49/100

Q4 2023 Eltel AB Earnings Call Transcript

Feb 14, 2024 / 09:00AM GMT
Release Date Price: €0.626 (+1.29%)
Elin Otter
Eltel AB - IR

My name is Elin Otter. And with me today, I have our President and CEO, Håkan Dahlström; and our CFO, Tarja Leikas. After the presentation, there will be opportunities for questions, and you can post questions either via the webcast or through the telephone conference. But with that, I'm handing over to you, Håkan.

HÃ;kan DahlstrÃ;m
Eltel AB - President and CEO

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Thank you, Elin, and good morning. I would like to talk a bit about the highlights during the fourth quarter.

And I'm very happy to say that we have a strong development on top-line. So we reached a net sales of EUR240 million and a growth of 7%. And in local currency, we are close to 11% in the segments. So this is a very good and strong development that we are really happy for. And as the group, we reached 10% in local currency growth. So I think that's a good thing here.

We see a fantastic development in Denmark, almost 35% growth in the last quarter of '23. Finland also stepping up in the end of the year, reaching 22%

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