Elisa Oyj Ord A (ELMUF) Q2 2026 Earnings Call

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WEBVTT 00:00:00.111 -- 00:00:05.474 Hello everyone and welcome to ELISA's Q2 2026 00:00:05.474 -- 00:00:10.477 analyst conference call. I'm Vesa Sahivirta, Head of Investor Relations and here we 00:00:10.477 -- 00:00:16.420 have a very familiar team, CEO Topi Manner and CFO Kristian Pullola. 00:00:16.420 -- 00:00:21.182 We also follow the normal practice and we start with the presentation followed by the 00:00:21.182 -- 00:00:22.765 Q&A. 00:00:22.765 -- 00:00:27.792 Topi will go through the highlights of the report and Kristian will elaborate more on 00:00:27.792 -- 00:00:33.447 financials. And now we are ready to start, so I give word to Topi, please go ahead. 00:00:33.447 -- 00:00:39.371 Thank you, Vesa, and welcome everybody to this ELISA Q2 00:00:39.371 -- 00:00:44.395 earnings call. Let's go right down to the main points 00:00:44.395 -- 00:00:49.839 of our Q2. During Q2, revenue was effectively 00:00:49.839 -- 00:00:51.460 flat 00:00:51.460 -- 00:00:55.983 and comparable EBITDA was up by 1.4%, 00:00:55.983 -- 00:01:02.248 especially driven by successful execution of cost measures. 00:01:02.248 -- 00:01:07.274 We were still weighed down by last year's competition in terms of 00:01:07.274 -- 00:01:09.616 mobile service 00:01:09.616 -- 00:01:11.418 revenue, 00:01:11.418 -- 00:01:16.644 but that was partly offset by good progress in fixed service revenue, which grew 00:01:16.644 -- 00:01:18.644 2.2%. 00:01:19.267 -- 00:01:22.669 The overall telecom service revenue decreased 00:01:22.669 -- 00:01:24.669 0.7%. 00:01:25.571 -- 00:01:30.975 In international software services, the comparable organic revenue 00:01:30.975 -- 00:01:34.016 increased by 0.6%. 00:01:34.157 -- 00:01:39.881 This was largely due to the fact that customers were cautious 00:01:39.881 -- 00:01:45.50...