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Eltel AB ( (SE:ELTEL) ) has issued an announcement.
Eltel AB has signed a new frame agreement with E.ON for connection and metering services across five geographical areas, valued at EUR 24.6 million for the initial three-year period. This agreement, which includes potential extensions, reinforces Eltel’s position in critical infrastructure and supports the electrification efforts in Sweden.
More about Eltel AB
Eltel is a leading service provider for critical infrastructure in the Nordics, with operations in the Nordics, Germany, and Lithuania. The company focuses on enabling digitalization and electrification through services and turnkey solutions for communication and power networks, as well as renewable energy. Headquartered in Sweden, Eltel is listed on Nasdaq Stockholm and reported net sales of EUR 828.7 million in 2024.
YTD Price Performance: 51.86%
Average Trading Volume: 49,956
Current Market Cap: SEK1.53B
For detailed information about ELTEL stock, go to TipRanks’ Stock Analysis page.