Elisa shares tumble as Q3 shows rising competition, ISS growth turns negative

Elisa Oyj

23/10/2025 09:10

** Shares in Elisa ELISA.HE fall more than 6% after the Finnish telecom's Q3 results miss on customer metrics, organic growth in its International Software Services (ISS) business

** Q3 mobile service revenue growth came in at 3.3%, which J.P.Morgan says remains slightly below the group's mid-term ambitions

** While ISS revenue of EUR 34 million showed +53% growth, JPM estimates organic growth deteriorated to slightly negative in Q3 from +9.6% in Q2

** The broker also notes the groups comments about "keen" competition, especially in low-speed-tier 4G subscription

** The stock is among the worst performers on STOXX 600 index .STOXX and if losses hold, it will see its worst day in a year

 (Reporting by Jagoda Darlak)

 ((Jagoda.Darlak@thomsonreuters.com; +48 58 769 65 40;))