Q1 2020 Eltel AB Earnings Call Transcript
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-Lähde. Please begin your meeting.
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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-Lähde. 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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