Ankündigung • Jul 16
Elisa Oyj Provides Earnings Guidance for the Fiscal Year 2026 Elisa Oyj provided guidance for the fiscal year 2026. For the period, Full-year revenue is estimated to be at the same level as or slightly higher than in 2025. Reported Earnings • Jul 16
Second quarter 2026 earnings released: EPS: €0.55 (vs €0.56 in 2Q 2025) Second quarter 2026 results: EPS: €0.55 (down from €0.56 in 2Q 2025). Revenue: €552.3m (flat on 2Q 2025). Net income: €88.9m (down 1.4% from 2Q 2025). Profit margin: 16% (in line with 2Q 2025). Revenue is forecast to grow 2.2% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings. Ankündigung • Jul 15
Elisa Oyj Announces Second Dividend, Payable on July 29, 2026 Elisa Oyj on 14 July 2026, the Board decided that the second instalment of the dividend is EUR 0.60 per share and it will be paid to a shareholder registered in the shareholders' register held by Euroclear Finland Oy on the dividend payment record date of 20 July 2026. The dividend will be paid on 29 July 2026. Following this announced distribution, the Board's remaining distribution authorisation is a maximum of EUR 1.20 per share. Upcoming Dividend • Jul 10
Upcoming dividend of €0.60 per share Eligible shareholders must have bought the stock before 17 July 2026. Payment date: 29 July 2026. The company is paying out more than 100% of its profits and is paying out 91% of its cash flow. Trailing yield: 6.6%. Within top quartile of British dividend payers (5.6%). Higher than average of industry peers (4.7%). Ankündigung • Jun 02
Elisa Corporation Announces Nomination Board Changes Elisa Corporation announced that the Shareholders' Nomination Board was established in 2012 by the Annual General Meeting. Its duty is to prepare proposals for the election and remuneration of the members of the board of directors of Elisa for the General Meeting. According to Elisa's shareholder register as of May 31, 2026, the composition of the Shareholders' Nomination Board is as follows: Mr. Petter Söderström, Chief Financial Officer, nominated by Solidium Oy; Mr. Mikko Mursula, CEO, nominated by Ilmarinen Mutual Pension Insurance Company; Mr. Markus Aho, Deputy CEO, Chief Investment Officer, nominated by Varma Mutual Pension Insurance Company; Ms Jonna Ryhänen, Chief Investment Officer, Deputy CEO, nominated by Elo Mutual Pension Insurance Company; Other member: Mr. Christoph Vitzthum, Chair of the Board of Elisa. The Nomination Board shall elect the chair from amongst its members. Buy Or Sell Opportunity • May 29
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 4.8% to €41.12. The fair value is estimated to be €51.42, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 2.9%. For the next 3 years, revenue is forecast to grow by 2.2% per annum. Earnings are also forecast to grow by 6.0% per annum over the same time period. Board Change • May 02
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Rene Lindell was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Apr 22
Elisa Oyj Provides Earnings Guidance for the Fiscal Year 2026 Elisa Oyj provided earnings guidance for the fiscal year 2026. For the period, Full-year revenue is estimated to be at the same level as or slightly higher than in 2025. Reported Earnings • Apr 21
First quarter 2026 earnings released: EPS: €0.57 (vs €0.56 in 1Q 2025) First quarter 2026 results: EPS: €0.57 (up from €0.56 in 1Q 2025). Revenue: €548.4m (down 1.3% from 1Q 2025). Net income: €91.4m (up 1.6% from 1Q 2025). Profit margin: 17% (in line with 1Q 2025). Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 10% per year, which means it is performing significantly worse than earnings. Upcoming Dividend • Mar 26
Upcoming dividend of €0.60 per share Eligible shareholders must have bought the stock before 02 April 2026. Payment date: 15 April 2026. The company is paying out more than 100% of its profits and is paying out 94% of its cash flow. Trailing yield: 5.6%. Lower than top quartile of British dividend payers (5.9%). Higher than average of industry peers (4.2%). Buy Or Sell Opportunity • Mar 18
Now 20% undervalued Over the last 90 days, the stock has risen 17% to €43.60. The fair value is estimated to be €54.55, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 1.9% per annum. Earnings are also forecast to grow by 5.4% per annum over the same time period. Ankündigung • Mar 13
Elisa Industriq Releases Cornerstone Version 8.2 Elisa Industriq released Cornerstone version 8.2 and the release of Cornerstone version 8.2 introduces significant enhancements designed to support professionals in quality engineering, manufacturing, and process improvement with more robust statistical and analytical capabilities. A key focus of the version 8.2 is the new Measurement System Analysis (MSA) functionality. The new release now supports Type 1 gage studies, gage bias and linearity studies, attribute gage studies, and gage R&R analysis, enabling organizations to systematically assess and improve the capability of their measurement systems. In addition, version 8.2 introduces Logistic Regression, allowing users to analyze binary quality outcomes such as pass/fail decisions and defect occurrence. This capability supports deeper root-cause analysis and more data-driven quality improvement initiatives. The release also expands the range of available hypothesis tests, including standard deviation tests, mean rates tests, proportion tests, and frequencies (goodness-of-fit) tests. These tools support statistically sound comparisons of processes, defect rates, and variation. To improve data preparation, Cornerstone 8.2 adds flexible dataset join options, including inner joins, left and right outer joins, and full outer joins. In addition, the new variables editor for derived datasets and summary statistics lets you now get back into the variable selection dialog to edit input variables and subset selection, making the analysis workflow even more flexible and easier to edit. Probability plotting has also been enhanced with support for lognormal, and Weibull distributions, next to Normal distributions, commonly used in capability, reliability, and lifetime analysis. Finally, a new computed column function enables the generation of linearly spaced values for engineering calculations, simulations, and analytical studies. With version 8.2, Cornerstone continues to support organizations in achieving reliable measurements, compliant analyses, and confident quality decisions. Reported Earnings • Mar 05
Full year 2025 earnings released: EPS: €2.13 (vs €2.23 in FY 2024) Full year 2025 results: EPS: €2.13 (down from €2.23 in FY 2024). Revenue: €2.26b (up 3.0% from FY 2024). Net income: €342.0m (down 4.6% from FY 2024). Profit margin: 15% (down from 16% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.8% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 7% per year. Ankündigung • Feb 10
Elisa Oyj Announces Changes in Corporate Executive Board Elisa Oyj announced that Henri Korpi (52), LLM, has been appointed as Executive Vice President of Consumer Customer business effective from 10 February 2026, and Mikko Soirola (56), MA, as a member of Elisa's Corporate Executive Board from 30 March 2026. The current EVP of Elisa's Consumer Customer business, Vesa-Pekka Nikula, will leave the company's Corporate Executive Board on 10 February 2026 and will end his employment with the company in August 2026. Declared Dividend • Feb 08
Final dividend of €0.60 announced Shareholders will receive a dividend of €0.60. Ex-date: 2nd April 2026 Payment date: 15th April 2026 Dividend yield will be 4.3%, which is lower than the industry average of 4.7%. Sustainability & Growth Dividend is not covered by earnings (113% earnings payout ratio) nor is it adequately covered by cash flows (94% cash payout ratio). The dividend has increased by an average of 5.5% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 25% to bring the payout ratio under control. EPS is expected to grow by 18% over the next 3 years, which means the dividend may need to be reduced to reach a sustainable payout ratio. Reported Earnings • Feb 01
Full year 2025 earnings released: EPS: €2.13 (vs €2.23 in FY 2024) Full year 2025 results: EPS: €2.13 (down from €2.23 in FY 2024). Revenue: €2.26b (up 3.0% from FY 2024). Net income: €342.0m (down 4.6% from FY 2024). Profit margin: 15% (down from 16% in FY 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.7% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 11% per year, which means it is performing significantly worse than earnings. Ankündigung • Jan 08
Elisa Oyj Announces Maher Chebbo Will Not Be Available for Re-Election At 2026 Annual General Meeting Elisa Oyj announced that current member of Board, Mr. Maher Chebbo has announced that he will not be available for re-election in the 2026 Annual General Meeting. Reported Earnings • Oct 24
Third quarter 2025 earnings released: EPS: €0.64 (vs €0.63 in 3Q 2024) Third quarter 2025 results: EPS: €0.64 (up from €0.63 in 3Q 2024). Revenue: €560.6m (up 4.6% from 3Q 2024). Net income: €103.2m (up 2.3% from 3Q 2024). Profit margin: 18% (in line with 3Q 2024). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 6% per year. Ankündigung • Oct 23
Elisa Oyj Provides Earnings Guidance for the Year 2025 Elisa Oyj provided earnings guidance for the year 2025. Full-year revenue is estimated to be at the same level as or slightly higher than in 2024. Long-term revenue growth and profitability improvement will derive from growth in the mobile data market, as well as domestic digital and international software services. Upcoming Dividend • Oct 09
Upcoming dividend of €1.17 per share Eligible shareholders must have bought the stock before 16 October 2025. Payment date: 24 October 2025. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 5.3%. Lower than top quartile of British dividend payers (5.4%). Higher than average of industry peers (4.3%). Ankündigung • Sep 24
Elisa Introduces a Feature Allowing Customers to Block Incoming Calls from Foreign Number At the end of August, Elisa introduced a feature allowing customers to block incoming calls from foreign numbers if they are not expecting such calls (link in Finnish), which helps to eliminate scam calls from foreign numbers. Over 10,000 customers have already activated this call blocking, and it is already making scammers' methods less effective. Call blocking does not affect calls made from Finnish numbers, which will continue to work normally even when the user is in a foreign country.riminals areered, as their attempted scam calls to Finland from foreign numbers to Finland are no longer getting through as easily. Elisa's network data shows that customers who enable foreign call blocking may receive as many as 55 call attempts in a short period from a variety of country codes. This behaviour is straight from the scammers' playbook: The majority of unwanted calls from abroad occur on weekdays during office hours, with weekends being quieter. There are also often signs of " campaigns" on some days, thousands of calls are made to Finland, while on other days, there are hardly any. In recent days, the new solution has blocked over 800 unwanted foreign calls per day, on average, with the number rising rapidly as the user base expands. It will be interesting to see how long scammers continue trying to make calls to Finland. Blocking foreign numbers is not something that has happened much in other countries, and scammers have rarely encountered it elsewhere. Finland is once again taking the lead internationally in blocking scam calls. Blocking foreign numbers is one of the features of Elisa's "Liittymaturva" subscriptions and is easy to enable in OmaElisa. The feature is ideal for young people, senior citizens and others who don't generally expect calls from abroad. Calls from Finnish numbers are not affected, so a call from a family member travelling abroad will connect normally if the caller is calling from a Finnish phone number. Ankündigung • Sep 03
Elisa Oyj, Annual General Meeting, Apr 01, 2026 Elisa Oyj, Annual General Meeting, Apr 01, 2026. Reported Earnings • Jul 16
Second quarter 2025 earnings released: EPS: €0.56 (vs €0.57 in 2Q 2024) Second quarter 2025 results: EPS: €0.56 (down from €0.57 in 2Q 2024). Revenue: €552.4m (up 2.0% from 2Q 2024). Net income: €90.2m (down 1.8% from 2Q 2024). Profit margin: 16% (in line with 2Q 2024). Revenue is forecast to grow 3.0% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 4% per year. Buy Or Sell Opportunity • Jun 25
Now 21% undervalued Over the last 90 days, the stock has risen 4.7% to €46.54. The fair value is estimated to be €58.54, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 2.5% per annum. Earnings are also forecast to grow by 5.9% per annum over the same time period. Buy Or Sell Opportunity • Jun 04
Now 20% undervalued Over the last 90 days, the stock has risen 3.0% to €46.32. The fair value is estimated to be €57.99, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 2.8% per annum. Earnings are also forecast to grow by 6.0% per annum over the same time period. Ankündigung • May 15
Elisa Corporation Announces CFO Changes Elisa Corporation announced that Mr. Jari Kinnunen, who has served as CFO and a member of the Executive Board since 2005, will leave the company. Kinnunen will continue in his position until October 31, 2025, and work as a senior adviser at Elisa until the end of 2025 to ensure an orderly transition. Mr. Kristian Pullola (1973) and holding an M.Sc. (Econ), has been appointed as the new Chief Financial Officer. Pullola will join Elisa on October 1, 2025, and assume the duties of CFO on November 1, 2025, reporting to CEO Topi Manner. Pullola has previously held CFO roles at Nokia and Finnair, with a proven track record in driving strategy and extensive experience in telecommunications and technology industries, as well as various finance domains such as Planning & Control, Treasury, Investor Relations, and M&A. Buy Or Sell Opportunity • May 02
Now 20% undervalued Over the last 90 days, the stock has risen 12% to €46.61. The fair value is estimated to be €58.44, however this is not to be taken as a buy recommendation but rather should be used as a guide only. For the next 3 years, revenue is forecast to grow by 2.8% per annum. Earnings are also forecast to grow by 6.0% per annum over the same time period. Reported Earnings • Apr 17
First quarter 2025 earnings released: EPS: €0.56 (vs €0.52 in 1Q 2024) First quarter 2025 results: EPS: €0.56 (up from €0.52 in 1Q 2024). Revenue: €555.8m (up 4.0% from 1Q 2024). Net income: €90.0m (up 8.6% from 1Q 2024). Profit margin: 16% (in line with 1Q 2024). Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Ankündigung • Apr 17
Elisa Corporation Provides Earnings Guidance for the Full Year 2025 Elisa Corporation provided earnings guidance for the full year 2025. The company expects double-digit organic revenue growth. Full-year revenue is estimated to be at the same level as or slightly higher than in 2024. Declared Dividend • Apr 12
Dividend of €1.17 announced Shareholders will receive a dividend of €1.17. Ex-date: 16th October 2025 Payment date: 24th October 2025 Dividend yield will be 5.2%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is not covered by earnings (105% earnings payout ratio) nor is it covered by cash flows (110% cash payout ratio). The dividend has increased by an average of 5.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 17% to bring the payout ratio under control. EPS is expected to grow by 21% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Upcoming Dividend • Mar 27
Upcoming dividend of €1.18 per share Eligible shareholders must have bought the stock before 03 April 2025. Payment date: 11 April 2025. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 5.2%. Lower than top quartile of British dividend payers (5.9%). Higher than average of industry peers (4.0%). Declared Dividend • Feb 10
Final dividend of €1.18 announced Shareholders will receive a dividend of €1.18. Ex-date: 3rd April 2025 Payment date: 11th April 2025 Dividend yield will be 5.4%, which is higher than the industry average of 4.7%. Sustainability & Growth Dividend is not covered by earnings (105% earnings payout ratio) nor is it covered by cash flows (110% cash payout ratio). The dividend has increased by an average of 5.9% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 17% to bring the payout ratio under control. EPS is expected to grow by 18% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Board Change • Feb 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 7 experienced directors. No highly experienced directors. Independent Director Christoph Vitzthum was the last director to join the board, commencing their role in 2024. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 01
Full year 2024 earnings released: EPS: €2.23 (vs €2.34 in FY 2023) Full year 2024 results: EPS: €2.23 (down from €2.34 in FY 2023). Revenue: €2.19b (flat on FY 2023). Net income: €358.4m (down 4.5% from FY 2023). Profit margin: 16% (in line with FY 2023). Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Ankündigung • Jan 31
Elisa Oyj Proposes Dividend in Two Instalments, Payable on 11 April 2025; October 24 October 2025 Elisa Oyj at its AGM meeting to be held on April 2, 2025 proposed dividend will be paid in two instalments. The first instalment of the dividend EUR 1.18 per share is proposed to be paid to a shareholder registered in the shareholders' register of the Company held by Euroclear Finland Oy on the dividend payment record date of the first instalment of 4 April 2025. The Board of Directors proposes that the first instalment of the dividend be paid on 11 April 2025. The second instalment of the dividend EUR 1.17 per share is proposed to be paid to a shareholder registered in the shareholders' register of the Company held by Euroclear Finland Oy on the dividend payment record date of the second instalment of 17 October 2025. The Board of Directors proposes that the second instalment of the dividend be paid on 24 October 2025. If the payment of dividend is prevented due to applicable law, regulations or unexpected circumstances, the Board of Directors will decide on a new record date and payment date as soon as possible. Ankündigung • Dec 13
Elisa Oyj Announces Board Changes Elisa Oyj announced that current Chair of the Board, Mr. Anssi Vanjoki and the current member of Board, Mr. Antti Vasara have announced that they will not be available for re-election in the 2025 Annual General Meeting. Reported Earnings • Oct 18
Third quarter 2024 earnings released: EPS: €0.63 (vs €0.63 in 3Q 2023) Third quarter 2024 results: EPS: €0.63 (up from €0.63 in 3Q 2023). Revenue: €535.9m (down 1.6% from 3Q 2023). Net income: €100.9m (flat on 3Q 2023). Profit margin: 19% (in line with 3Q 2023). Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 2.1% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Upcoming Dividend • Oct 15
Upcoming dividend of €1.12 per share Eligible shareholders must have bought the stock before 22 October 2024. Payment date: 30 October 2024. Payout ratio is on the higher end at 98%, however this is supported by cash flows. Trailing yield: 4.7%. Lower than top quartile of British dividend payers (5.6%). Higher than average of industry peers (4.0%). Ankündigung • Sep 05
Elisa Oyj, Annual General Meeting, Apr 02, 2025 Elisa Oyj, Annual General Meeting, Apr 02, 2025. Ankündigung • Sep 02
Elisa Oyj Announces Composition of It's Shareholders' Nomination Board Elisa Oyj announced composition of it's shareholders' nomination board is following: Mr. Pauli Anttila, Investment Director, nominated by Solidium Oy; Mr. Jouko Pölönen, President and CEO, nominated by Ilmarinen Mutual Pension Insurance Company; Mr. Markus Aho, Chief Investment Officer, nominated by Varma Mutual Pension Insurance Company; Ms Jonna Ryhänen, Chief Investment Officer, Deputy CEO, nominated by Elo Mutual Pension Insurance Company and Mr. Anssi Vanjoki, Chair of the Board of Elisa. The Nomination Board shall elect the chair from amongst its members. Reported Earnings • Jul 17
Second quarter 2024 earnings released: EPS: €0.57 (vs €0.56 in 2Q 2023) Second quarter 2024 results: EPS: €0.57 (up from €0.56 in 2Q 2023). Revenue: €541.4m (up 1.6% from 2Q 2023). Net income: €91.9m (up 2.5% from 2Q 2023). Profit margin: 17% (in line with 2Q 2023). Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 4% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Ankündigung • Jun 28
Elisa Appoints Eveliina Dahl as Executive Vice President, People and Culture, and a Member of the Corporate Executive Board, Effective 1 January 2025 Elisa announced that Eveliina Dahl (41), M.Sc. (Tech.), has been appointed Executive Vice President, People and Culture, and a member of the Corporate Executive Board as of 1 January 2025. Ms Dahl will report to CEO Topi Manner. Eveliina Dahl will join Elisa from Fortum, where she works as Executive Vice President, People and Procurement. Dahl has long experience in various positions in the company in the areas of human resources, procurement and strategy. Ankündigung • Jun 25
Merja Ranta-Aho to Leave Elisa Corporation as Executive Vice President, Human Resources, and Member of the Executive Board, Effective December 31, 2024 Ms Merja Ranta-aho, Elisa corporation's Executive Vice President, Human Resources, and member of the Executive Board, will leave the company. Ms Ranta-aho will continue in her position until 31 December 2024. The process of selecting her successor has begun. Reported Earnings • Apr 19
First quarter 2024 earnings released: EPS: €0.52 (vs €0.57 in 1Q 2023) First quarter 2024 results: EPS: €0.52 (down from €0.57 in 1Q 2023). Revenue: €535.2m (flat on 1Q 2023). Net income: €82.9m (down 9.5% from 1Q 2023). Profit margin: 16% (down from 17% in 1Q 2023). Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 2.0% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Upcoming Dividend • Apr 08
Upcoming dividend of €1.13 per share Eligible shareholders must have bought the stock before 15 April 2024. Payment date: 23 April 2024. Payout ratio is on the higher end at 96%, and the cash payout ratio is above 100%. Trailing yield: 5.2%. Lower than top quartile of British dividend payers (6.1%). Higher than average of industry peers (4.5%). Reported Earnings • Mar 15
Full year 2023 earnings released: EPS: €2.34 (vs €2.33 in FY 2022) Full year 2023 results: EPS: €2.34 (up from €2.33 in FY 2022). Revenue: €2.18b (up 2.4% from FY 2022). Net income: €375.2m (flat on FY 2022). Profit margin: 17% (in line with FY 2022). Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Declared Dividend • Feb 04
Dividend of €1.13 announced Shareholders will receive a dividend of €1.13. Ex-date: 15th April 2024 Payment date: 23rd April 2024 Dividend yield will be 2.6%, which is lower than the industry average of 4.7%. Sustainability & Growth Dividend is not adequately covered by earnings (96% earnings payout ratio) nor is it covered by cash flows (105% cash payout ratio). The dividend has increased by an average of 5.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to grow by 6.9% to bring the payout ratio under control. EPS is expected to grow by 12% over the next 3 years, which is sufficient to bring the dividend into a sustainable range. Reported Earnings • Jan 27
Full year 2023 earnings released: EPS: €2.34 (vs €2.33 in FY 2022) Full year 2023 results: EPS: €2.34 (up from €2.33 in FY 2022). Revenue: €2.19b (up 2.9% from FY 2022). Net income: €375.2m (flat on FY 2022). Profit margin: 17% (in line with FY 2022). Revenue is forecast to grow 2.3% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Buy Or Sell Opportunity • Jan 26
Now 20% undervalued Over the last 90 days, the stock has risen 9.2% to €43.38. The fair value is estimated to be €54.52, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.5% over the last 3 years. Earnings per share has grown by 5.8%. For the next 3 years, revenue is forecast to grow by 2.3% per annum. Earnings are also forecast to grow by 3.9% per annum over the same time period. Buying Opportunity • Dec 15
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 9.5%. The fair value is estimated to be €50.84, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.5% over the last 3 years. Earnings per share has grown by 5.8%. For the next 3 years, revenue is forecast to grow by 2.6% per annum. Earnings is also forecast to grow by 3.9% per annum over the same time period. Reported Earnings • Oct 20
Third quarter 2023 earnings released: EPS: €0.63 (vs €0.63 in 3Q 2022) Third quarter 2023 results: EPS: €0.63 (down from €0.63 in 3Q 2022). Revenue: €546.4m (up 2.3% from 3Q 2022). Net income: €100.5m (flat on 3Q 2022). Profit margin: 18% (in line with 3Q 2022). Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Buying Opportunity • Oct 19
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 14%. The fair value is estimated to be €53.26, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.4% over the last 3 years. Earnings per share has grown by 6.0%. For the next 3 years, revenue is forecast to grow by 2.9% per annum. Earnings is also forecast to grow by 4.2% per annum over the same time period. Ankündigung • Oct 19
Elisa Oyj Updates Revenue Guidance for 2023 Elisa Oyj updated revenue guidance for 2023. For the period, Revenue guidance for 2023 is upgraded to "slightly higher" (previously same level or slightly higher). Ankündigung • Sep 02
Elisa Oyj Announces Composition of Nomination Board Composition of Elisa's Shareholders' Nomination Board is following: Mr. Pauli Anttila, Investment Director, nominated by Solidium Oy, Mr. Jouko Pölönen, President and CEO, nominated by Ilmarinen Mutual Pension Insurance Company, Mr. Markus Aho, Chief Investment Officer, nominated by Varma Mutual Pension Insurance Company, Ms Hanna Hiidenpalo, Deputy CEO, nominated by Elo Mutual Pension Insurance Company, Mr. Anssi Vanjoki, Chair of the Board of Elisa. The Nomination Board shall elect the chair from amongst its members. Elisa's Shareholders' Nomination Board was established in 2012 by the Annual General Meeting. Its duty is to prepare proposals for the election and remuneration of the members of the board of directors of Elisa for the Annual General Meeting. Ankündigung • Aug 19
Elisa Oyj Announces CEO Changes Elisa Oyj announced that Veli-Matti Mattila, Elisa's CEO since 2003, considers that now it is a suitable moment to retire from Elisa. He has informed the company's Board of Directors that he will retire when the new CEO starts in the position, on 1 March 2024 at the latest. During Veli-Matti Mattila's long career as CEO, Elisa has grown into the clear market leader in its field and a pioneer for the entire telecommunications industry, and has developed into a modern software and service company that is followed globally. Elisa's Board of Directors would like to express their sincere due to Veli-Matti Mattila for his long and exceptionally meritorious work and for his successful steering of the company in the fast-developing digital world. Under Mattila's leadership, Elisa has created a continuously evolving culture of excellence that is beyond comparison and has achieved results beneficial for Elisa's customers, employees and owners, all enjoying the industry's best shareholder value creation. The Board of Directors of Elisa has decided to appoint Topi Manner as the new CEO. Topi Manner is currently the CEO of Finnair Oyj. He is also a member of the Elisa's Board of Directors, from which position he is stepping down today. Elisa's Board of Directors now has seven members. Mr. Manner will start in the position of CEO of Elisa on 1 March 2024 at the latest. Reported Earnings • Jul 14
Second quarter 2023 earnings released: EPS: €0.56 (vs €0.55 in 2Q 2022) Second quarter 2023 results: EPS: €0.56 (up from €0.55 in 2Q 2022). Revenue: €532.7m (up 2.1% from 2Q 2022). Net income: €89.7m (up 1.0% from 2Q 2022). Profit margin: 17% (in line with 2Q 2022). Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Ankündigung • Jul 14
Elisa Oyj Provides Revenue Guidance for the Full Year 2023 Elisa Oyj provided revenue guidance for the full year 2023. Full-year revenue is estimated to be at the same level or slightly higher than in 2022. Ankündigung • May 24
Elisa Oyj Appoints Eliisa Tapio as Executive Vice President, Communications and Sustainability, and Member of the Corporate Executive Board from 1 June 2023 Ms Eliisa Tapio (51), M.Soc.Sc., has been appointed as Executive Vice President, Communications and Sustainability, and member of the Corporate Executive Board of Elisa Oyj from 1 June 2023. Ms Tapio reports to CEO Veli-Matti Mattila. She has worked as VP, Communications and Head of International Communications at Elisa since 2020. She has previously worked e.g. at Nokia in communications. Elisa's mission is a sustainable future through digitalisation. By further strengthening both communications and sustainability Elisa is able to create even more value to customers and other stakeholders. Upcoming Dividend • Mar 30
Upcoming dividend of €2.15 per share at 3.9% yield Eligible shareholders must have bought the stock before 06 April 2023. Payment date: 19 April 2023. Payout ratio is on the higher end at 92%, and the cash payout ratio is above 100%. Trailing yield: 3.9%. Lower than top quartile of British dividend payers (6.0%). In line with average of industry peers (4.3%). Reported Earnings • Mar 17
Full year 2022 earnings released: EPS: €2.33 (vs €2.15 in FY 2021) Full year 2022 results: EPS: €2.33 (up from €2.15 in FY 2021). Revenue: €2.13b (up 6.6% from FY 2021). Net income: €374.1m (up 8.9% from FY 2021). Profit margin: 18% (in line with FY 2021). Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 2.2% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 2% per year. Reported Earnings • Jan 27
Full year 2022 earnings released: EPS: €2.33 (vs €2.15 in FY 2021) Full year 2022 results: EPS: €2.33 (up from €2.15 in FY 2021). Revenue: €2.14b (up 6.9% from FY 2021). Net income: €374.1m (up 8.9% from FY 2021). Profit margin: 18% (in line with FY 2021). Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Ankündigung • Jan 27
Elisa Oyj Proposes Dividend for the Year Ended 31 December 2022, Payable on 19 April 2023 Elisa Oyj announced that at its AGM to be held on 5 April 2023, the board of directors proposes to the General Meeting that the profit for the financial period 2022 be added to accrued earnings and that a dividend of EUR 2.15 per share be paid based on the adopted balance sheet of 31 December 2022 adopted by the General Meeting. The dividend will be paid to a shareholder registered in the shareholders' register of the company held by Euroclear Finland Oy on the dividend payment record date of 11 April 2023. The board of directors proposes that the dividend be paid on 19 April 2023. Board Change • Nov 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Katariina Kravi was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 21
Third quarter 2022 earnings released: EPS: €0.63 (vs €0.60 in 3Q 2021) Third quarter 2022 results: EPS: €0.63 (up from €0.60 in 3Q 2021). Net income: €101.1m (up 4.4% from 3Q 2021). Revenue is forecast to grow 5.6% p.a. on average during the next 3 years, compared to a 2.6% growth forecast for the Telecom industry in Europe. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Buying Opportunity • Sep 08
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 3.4%. The fair value is estimated to be €63.89, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.0% over the last 3 years. Earnings per share has grown by 5.6%. For the next 3 years, revenue is forecast to grow by 2.2% per annum. Earnings is also forecast to grow by 4.0% per annum over the same time period. Reported Earnings • Jul 16
Second quarter 2022 earnings released: EPS: €0.55 (vs €0.49 in 2Q 2021) Second quarter 2022 results: EPS: €0.55 (up from €0.49 in 2Q 2021). Net income: €88.8m (up 12% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 8% per year. Reported Earnings • Apr 27
First quarter 2022 earnings released: EPS: €0.55 (vs €0.51 in 1Q 2021) First quarter 2022 results: EPS: €0.55 (up from €0.51 in 1Q 2021). Revenue: €511.4m (up 6.2% from 1Q 2021). Net income: €88.2m (up 8.1% from 1Q 2021). Profit margin: 17% (in line with 1Q 2021). Over the next year, revenue is forecast to grow 2.7%, compared to a 2.6% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 14% per year, which means it is tracking significantly ahead of earnings growth. 
