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Netel Holding AB ( (SE:NETEL) ) has issued an announcement.
Netel’s subsidiary, Morberg, has signed a significant agreement with Mälarenergi for two projects focused on renewing heating and water systems, valued at approximately 50 MSEK. This expansion of collaboration with Mälarenergi, which already partners with Netel in the power sector, underscores the company’s strengths in planning and communication, enhancing its industry positioning and reinforcing stakeholder trust.
The most recent analyst rating on (SE:NETEL) stock is a Buy with a SEK26.00 price target. To see the full list of analyst forecasts on Netel Holding AB stock, see the SE:NETEL Stock Forecast page.
More about Netel Holding AB
Netel Holding AB is a leader in the development and maintenance of critical infrastructure within Infraservices, Power, and Telecom in Northern Europe. With 25 years of experience, the company is involved in the entire value chain from design to maintenance of facilities, aiming to secure a reliable future where technology transforms society. Netel reported net sales of SEK 3,300 million in 2024 and employs about 840 people. It has been listed on Nasdaq Stockholm since 2021.
Average Trading Volume: 94,096
Current Market Cap: SEK442.9M
See more insights into NETEL stock on TipRanks’ Stock Analysis page.