Assets

The company's long-term assets, including property, plant, and equipment, as well as intangible assets, have shown a moderate increase in value, indicating a strategic focus on capital expenditures and investments in research and development. Conversely, the short-term assets, such as cash and cash equivalents, have experienced a decline, suggesting a potential need for liquidity management and optimization of working capital. Overall, the company's total assets have remained relatively stable, with investments in associated companies and other financial assets contributing to a balanced asset base.

Shareholders Equity

The company's Shareholders Equity has demonstrated a notable increase, primarily driven by the significant profit retention, which has allowed the company to reinvest in its operations and maintain a strong financial position. This trend is also supported by the company's ability to manage its dividend payments effectively, striking a balance between rewarding shareholders and preserving capital for future growth. Furthermore, the company's equity has been bolstered by the absence of any material changes in accounting principles, which has ensured that the financial statements accurately reflect the company's financial performance.

The value of Elisa Equity at the end of Q2 2026 is 1335.6 million Euros. The predicted value of Elisa Equity at the end of Q2 2027 (e) is 1745.2 million Euros. Elisa Equity is expected to change by 409.6 million Euros in one year, which is an increase of 30.7% from Q2 2026 to Q2 2027 (e). The change in Elisa's Equity from 2025 to 2026 is approximately 291.3 million Euros, representing a 23.2% increase. From 2026 to 2027, the expected change is 413.1 million Euros, a 26.7% increase. The year-end values for Equity are 1252.5 million Euros in 2025, 1543.8 million Euros in 2026, and 1956.9 million Euros in 2027.

*Future dividents are not included in prediction

Debt

The company's reliance on long-term debt appears to be a strategic choice, allowing it to maintain a stable capital structure and fund significant investments in its operations. However, the high levels of short-term debt may indicate a potential liquidity risk, particularly if the company is unable to manage its cash flows effectively. The gearing ratio suggests that the company's debt levels are manageable, but the equity ratio indicates that the company's equity base is relatively strong, providing a cushion against potential financial shocks.

The Net Debt in Q2 2026 is 1482.3 million Euros, and the predicted Net Debt in Q2 2027 (e) is 1094.4 million Euros. The expected change in Net Debt from Q2 2026 to Q2 2027 (e) is a decrease of 387.9 million Euros, which is a 26.2% reduction. The Net Debt is expected to decrease by 230.1 million Euros from 2025 to 2026, which is a 15.3% decrease. From 2026 to 2027, the Net Debt is expected to decrease by 394.6 million Euros, which is a 30.9% decrease. The year-end values for Net Debt are 1508.0 million Euros in 2025, 1277.9 million Euros in 2026, and 883.3 million Euros in 2027.