Finnish operator Elisa reported fourth-quarter sales of EUR 402 million, up from EUR 401 million a year earlier. EBITDA, excluding one-time items, rose 8 percent to EUR 128 million, while EPS grew to EUR 0.32 from EUR 0.31. Growth came mainly in the mobile market, as fixed-line operations were under pressure. While the number of broadband customers grew 5 percent last year to 521,844, analogue and other lines were down 10 percent to 471,542. The number of mobile customers rose to 2.657 million, including 322,800 in Estonia, from 2.489 million at the end of 2006, while mobile ARPU improved to EUR 30.1 from EUR 29.9 in Q3. Elisa now has over 1 million 3G customers, with network coverage at 75 percent of the population. Further growth in 3G and efficiency measures are expected to lead to further revenue and EBITDA growth in 2008. Capex for this year was forecast at 10-12 percent of revenues, while cash flow will substantially exceed last year’s level.
Wireless Federation » Elisa posts small rise in Q4 results, sees better 2008 (Finland)
Elisa posts small rise in Q4 results, sees better 2008 (Finland)
- February 13th, 2008
- 2:45 pm
