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Netel Holding AB ( (SE:NETEL) ) has provided an announcement.
Netel Holding AB’s subsidiary, Nett-Tjenester, has secured a renewed two-year framework agreement with Elvia, a leading energy company in Norway, to provide emergency services in Østfold and Akershus counties. This agreement, valued at MNOK 20–30 annually, underscores Netel’s reliability and commitment to quality, strengthening its position in the Northern European infrastructure sector.
The most recent analyst rating on (SE:NETEL) stock is a Hold with a SEK7.00 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 the Infraservices, Power, and Telecom sectors 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 ensure a reliable technological future. Netel reported net sales of SEK 3,300 million in 2024 and employs around 840 people. It is listed on Nasdaq Stockholm since 2021.
Average Trading Volume: 170,743
Technical Sentiment Signal: Sell
Current Market Cap: SEK228.7M
See more data about NETEL stock on TipRanks’ Stock Analysis page.