Elisa Oyj Class A · OMXHEX:ELISA
Elisa Oyj Class A — Investor Day (February 2010)
16 slides from Elisa Oyj Class A's investor day presentation, Feb 15, 2010
Slide 1: Group Overview
Group Overview Veli-Matti Mattila CEO
Slide 2: Contents
Contents 1. Performance update 2. Strategy execution 3. CEO priorities 2 15/02/2010
Slide 3: Improving productivity…
Performance update Improving productivity… 71 OPEX / subscription, EUR 69 68 Streamlining 67 products and services 64 in the65number of subscription types - e.g. reduction Process improvements: 60 59 - e.g. shortened lead times, automatisations 56 55 IT consolidation: 54 52 - from 260 to 160 systems
Slide 4: …and competitive market position created
Performance update …and competitive market position created Mobile market shares Fixed BB market shares 0% 10 % 20 % 30 % 40 % 0% 10 % 20 % 30 % 40 % Elisa TeliaSonera DNA Elisa TeliaSonera DNA Finnet Others Fixed network market shares Cable TV market shares 0% 10 % 20 % 30 % 40 % 0% 10 % 20 % 30 %
Slide 5: Even in weak economic conditions…
Performance update Even in weak economic conditions… GDP change • Economy deteriorated further in 2009 • In 2010 GDP is estimated to improve but still clearly below Unemployment long term average • Unemployment is expected to increase in 2010 Source: Consensus of seven institutions estimates 5 15/02
Slide 6: …growing new services business…
Performance update …growing new services business… Online and ICT Services + 9.3% Online and ICT Services Online and ICT Services Telecom Services -4.5% Telecom Services Telecom Services 2008 2009 6 15/02/2010
Slide 7: …and improving profitability
Performance update …and improving profitability EBITDA, EURm EBITDA margin 132 131 128 129 129 36 % 122 35 % 115 116 115 116 34 % 34 % 111 109 33 % 33 % 33 % 32 % 30 % 30 % 30 % 29 % 1Q07 2Q07 3Q07 4Q07 1Q08 2Q08 3Q08 4Q08 1Q09 2Q09 3Q09 4Q09 7 15/02/2010
Slide 8: Strategy execution
Strategy execution
Slide 9: Disruptions create strategic opportunities
Strategy execution Disruptions create strategic opportunities Online entertainment 100 million yearly paid tickets Mobile Targeted digital Globally, mobile data traffic in Finnish public wallet messaging will double every year transportation by 2015 (3). through 2014, increasing 39 Globally mobile t
Slide 10: ...which our strategy is well aligned to exploit
Strategy execution ...which our strategy is well aligned to exploit New services and new markets Strengthening market position in core markets Integration of One Elisa 10 15/02/2010
Slide 11: Determined improvement of productivity …
Strategy execution Determined improvement of productivity … Self-service and automatisation IT consolidation Sourcing and procurement Quality improvements 11 15/02/2010
Slide 12: …and development of new Online and ICT services businesses…
Strategy execution …and development of new Online and ICT services businesses… Customer intimacy Corporate Customers Consumer Customers Total market potential Total market potential ~EUR 6bn ~EUR 8bn 12 15/02/2010
Slide 13: …will enable us to meet our financial targets
Strategy execution …will enable us to meet our financial targets Financial targets by end-2011 Parameter Target Revenue growth Above industry average EBITDA margin Above 35% CAPEX-to-sales 10 - 12% Capital structure Net debt / EBITDA 1.5 - 2x Equity ratio > 35% 13 15/02/2010
Slide 14: CEO priorities
CEO priorities Determinedly driving productivity by targeting world-class operational excellence Further strengthening development of new services businesses Actively leading the corporate-wide transformation 14 15/02/2010
Slide 15: Thank you and Q&A
Group Overview Thank you and Q&A
Slide 16: Forward looking statements
Forward looking statements Statements made in this document relating to future status or circumstances, including future performance and other trend projections are forward-looking statements. By their nature, forward-looking statements involve risk and uncertainty because they relate to events and