Eltel AB (publ) (ELTEL) Q2 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning and a warm welcome to this presentation of LTEL's results for the second quarter 2025. My name is Alexandra Kjernlund. I'm the communications director for LTEL. And by my side are Håkan Dahlström, president and chief executive officer of LTEL, and Tarja Leikas, chief financial officer of LTEL. Welcome. These guys will be running the show and presenting the results to you while I'll be monitoring questions towards the end of the conference. And you can already now start asking your questions via the webcast or via the phone. I'll be back with some more instructions. But with that, let's move to the next slide and handing over to you, Håkan and Tarja. Thank you Alexandra. Good morning and welcome also from my behalf. I'm delighted to see that we are able to report the eight consecutive quarters of improved profitability. And also important is that all segments are contributing to that improved profitability. So that's something that I think is really important, that we are consistent in this steady improvement and the structured improvement work. Starting on the top, talking a bit about net sales. It's of course not great to see that the net sales decreased by close to 7% in the second quarter. Sweden is the greatest. exception here, with great growth in Sweden. And it's good to see that both power and communication are contributing to the net sales development of the Swedish business. In Finland, where we had a peak of the fiber to the home rollout last year, and there's a much lower level of activity in the fiber rollout this year, we see also a decline on the net sales and in the Finnish market it's clear that the market is going from rollout to densification and more focus on multi-dwelling unit for the continuation of the fiber. Also more money is mov...