Eltel AB (publ) (ELTEL) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

A warm welcome to this presentation of LTEL's Q4 results, full year results. My name is Alexandra Kjernlund. I am the communications director of LTEL. And with me to present the results is our president and CEO, Håkan Dahlström, and LTEL's CFO, Tarja Leikas. After their presentations, we will open up for questions. And you can either dial in via the telephone conference or ask the questions through the web conference. With that, I'd like to hand it over to you, Håkan. Thank you. Thank you, Alexandra. And good morning, all. Welcome to this session. I will start saying a few words about the financials during the fourth quarter. And I'm pleased to announce that the fourth quarter means that we ended the year on a highly positive note with a growth of 5.7% and an improved adjusted EBITDA. So we increased to 18% gross profit, meaning 5 million more than last year. And this altogether means that we now have 10 consecutive quarters where we year over year in adjusted EBITDA had made this improvement. So for me, this is very important. As you have heard me say many times, we always compare to our own track record and what we have done last year and should be better than that. So it's of course with great pleasure that we're standing here today with 10 consecutive quarters with improved adjusted EBITDA. I also see the development of net sales as a very good indication here. It has been for some years more or less the same level. I would say zooming out a bit, Eltäl's net sales have been more or less flat. With the fourth quarter, we see possibility to come into an area with a bit more growth. And when we look at this fourth quarter on the commercial side, it is an impressive net sales development in Sweden, where Sweden delivered 26% growth in the fourth quarter. And this ove...