By Reuters Staff
(Adds CEO, detail)
HELSINKI, April 21 (Reuters) - Finnish telecom operator Elisa posted a 2.4% rise in first-quarter operating profit on Wednesday and said its full-year core result for 2021 remains on track to match or slightly exceed last year’s earnings.
Elisa’s January-March earnings before interest, tax, depreciation and amortisation (EBITDA) rose to 170 million euros ($204.5 million) from 166 million a year ago.
The company saw a 2.9% rise in first-quarter revenue which came in at 482 million euros compared to 468 million euros the previous year.
“Despite increased restrictions and lockdowns due to COVID-19 and nearly all of Elisa’s personnel working remotely, we achieved a strong result in the first quarter,” Chief Executive Veli-Matti Mattila said in a statement.
UPDATE 1-Finnish telecom Elisa reports rise in Q1 profit reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.