Elisa Oyj Class A · OMXHEX:ELISA
Elisa Oyj Class A — Investor Day (November 2002)
10 slides from Elisa Oyj Class A's investor day presentation, Nov 28, 2002
Slide 1: View on Strategy and Outlook 2003
View on Strategy and Outlook 2003 Matti Mattheiszen CEO and President Elisa Communications’ Capital Markets Day 28 November 2002
Slide 2: View on Strategy and Outlook for 2003
View on Strategy and Outlook for 2003 Underlying Elisa’s Strategy Status Report of Strategy Execution Strategy Focus 2003 Growth Trends of the Finnish Market Outlook for 2003 2
Slide 3: Underlying Elisa's Strategy
Underlying Elisa’s Strategy Elisa as the leading national Elisa as the national telecommunication challenger in the service provider Helsinki domestic market Telephone as the local market leader Revenue level Revenue EUR 2bn EUR 1.6bn Revenue EUR 0.4bn Leader in Investment Domestic the domestic mark
Slide 4: Status Report of Strategy Execution (1) Domestically
Status Report of Strategy Execution (1) Domestically Announced strategy Strategy executed Mobile services Radiolinja in full control Nationwide backbone Datatie’s network merged to Elisa Networks, strong synergy benefits Access and presence in key markets SoonCom, Kestel, Lounet, RPO, TikkaCom Scale
Slide 5: Status Report of Strategy Execution (2) Internationally
Status Report of Strategy Execution (2) Internationally Announced strategy Solution delivered Global reach of services to Elisa’s Vodafone cooperation ensures global customers scope and quality of mobile services to Elisa’s customers Profitable growth from neighbour countries Profitable business in
Slide 6: Strategy Focus in 2003
Strategy Focus in 2003 Elisa will strengthen further its core businesses and thus increase the shareholder value by focusing in telecommunication business, integrating domestic businesses further, turning the German-based businesses profitable, and divesting remaining non-core businesses. 6
Slide 7: Growth Trends of the Finnish Market
Growth Trends of the Finnish Market 7 Settling back to long-term 6 The market growth trend Total market size EUR billion doubled in . 5 five years 3 % p.a Market Trend .a. p Growth boosted . p .a 4 % 7 by Consumer % Mobile Services 20 3 p.a. GNP Trend 3 % 2 1 0 2002 7
Slide 8: Outlook 2003
Outlook 2003 Objective Execution Management continues to Group synergy effects facilitate more competition power. focus on long term share Business Areas concentrate on improving their margins by holder value … leveraging existing infrastructure assets. Strong customer intake in H1 2002 partly compe
Slide 9: Outlook 2003
Outlook 2003 Objective Execution … positive cash flow, EBITDA / CAPEX ratio is stable, financial expenses are decreasing. … and decreasing net debt. Further non-core businesses and assets will be divested. Net debt will be further reduced to the level of 2 x EBITDA, and the stable financial position
Slide 10: Outlook 2003
Outlook 2003 Objective Execution Growth potential Domestic telecom market annual growth 1…3%. Elisa leverages its broadband market leadership in fixed, MNP* is seen as an opportunity in mobile. CAPEX control Operative investments of the Group are targeted to level of 15% of revenue, excluding target