Q1 2026 Telia Lietuva AB Earnings Call Transcript
Key Points
- Telia Lietuva AB (FRA:ZWS) reported a strong start to the year with service revenue growth of 2.1%, driven by strong performance in business and mission-critical services.
- The company achieved an EBITDA growth of 4%, supported by service revenue growth and operational improvements, with a margin expansion to 40%.
- Telia Lietuva AB (FRA:ZWS) successfully reduced operational expenses by 2%, aided by a 5% reduction in headcount compared to Q1 last year.
- The acquisition of Breband 2 added 500,000 broadband and 30,000 mobile subscribers, enhancing economies of scale and providing cross-selling opportunities.
- The company maintained a strong balance sheet with low leverage, even after significant acquisitions, and improved cash conversion to 61%.
- Despite improvements, Telia Lietuva AB (FRA:ZWS) still faces challenges in Finland and Norway, with ongoing efforts needed to turn around these businesses.
- The company experienced a decline in postpaid customers in Finland, although the rate of decline was less than in previous years.
- In Norway, Telia Lietuva AB (FRA:ZWS) lost 27,000 postpaid customers due to pricing and billing cycle changes, impacting customer retention.
- Higher energy and marketing costs were noted in Lithuania, affecting EBITDA despite strong service revenue growth.
- The company faces competitive pressures in the B2B market, with macroeconomic and geopolitical factors causing companies to hold back on investments.
Welcome, everyone, to Telia Lietuva Company's Q1 results presentation.
And with that, I will now hand over to Erik Strandin Pers- Head of Investor Relations. Please go ahead, the floor is yours.
Thank you, and welcome, everyone, to the call this morning. We have in the room here, President and CEO, Patrik Hofbauer and the Group CFO, Eric Hageman. And I leave the word to you, Patrick. Please go ahead.
Thank you, Erik, and good morning to all of you.
Our performance in 2025, including how we ended the year and started this year, confirms that we are on track to reshape TL Iointia, a simpler, faster and more efficient company, in line with our promises at the investor update back in September 2024.
I'm glad to see that our mission to constantly improve and deliver on our promises is generating good results across many areas, including customer satisfaction, network stability, capital allocation,
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
