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Eltel AB ( (SE:ELTEL) ) has shared an announcement.
Eltel AB reported a decrease in net sales for the first half of 2025, but showed improved profitability with an increase in gross profit and adjusted EBITA. The company signed significant new contracts and completed a comprehensive refinancing of its debt portfolio, positioning itself for future growth. Despite global uncertainties affecting decision-making, Eltel’s operations in Sweden and Finland showed strong growth, particularly in renewable energy and data centers. The company’s strategic focus on operational excellence and new business development is expected to drive future profitability and market positioning.
More about Eltel AB
Eltel AB operates in the infrastructure services industry, focusing on providing technical services for critical infrastructure networks, including power, communication, and data centers. The company is involved in sectors driven by megatrends such as digitalization, electrification, and climate change, with a market focus on renewable energy and robust network solutions.
Average Trading Volume: 57,669
Technical Sentiment Signal: Buy
Current Market Cap: SEK1.75B
Learn more about ELTEL stock on TipRanks’ Stock Analysis page.