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Eltel AB
(Frankfurt:ELTEL)
Eltel AB (ELTEL) vs. iShares MSCI Sweden ETF (EWD)
Eltel AB Business Overview & Revenue Model
Eltel AB Financial Statement Overview
| Breakdown | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 828.70M | 850.10M | 823.60M | 812.60M | 938.00M |
| Gross Profit | 91.90M | 75.60M | 74.70M | 88.10M | 99.40M |
| EBITDA | 13.70M | 24.80M | 25.90M | 45.40M | 59.40M |
| Net Income | -29.70M | -7.90M | -14.90M | 4.30M | 4.70M |
Balance Sheet | |||||
| Total Assets | 585.40M | 624.30M | 621.70M | 630.80M | 677.30M |
| Cash, Cash Equivalents and Short-Term Investments | 21.30M | 24.70M | 47.90M | 32.30M | 61.00M |
| Total Debt | 135.00M | 124.90M | 172.90M | 154.10M | 150.60M |
| Total Liabilities | 396.10M | 400.60M | 410.20M | 402.90M | 458.20M |
| Stockholders Equity | 181.30M | 216.10M | 204.10M | 220.20M | 211.60M |
Cash Flow | |||||
| Free Cash Flow | 25.10M | 29.60M | 12.30M | 17.90M | 43.00M |
| Operating Cash Flow | 27.50M | 34.00M | 16.40M | 22.30M | 49.40M |
| Investing Cash Flow | -6.60M | -4.30M | -3.90M | -2.90M | 33.50M |
| Financing Cash Flow | -24.00M | -52.30M | 3.10M | -13.70M | -121.60M |
Eltel AB Technical Analysis
Eltel AB Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | kr91.98B | 15.12 | 10.49% | 3.58% | 9.67% | 26.69% | |
75 Outperform | kr15.85B | 11.42 | 20.77% | 4.49% | 6.35% | 9.38% | |
69 Neutral | €6.92B | 23.59 | 8.49% | 2.64% | -4.16% | -50.90% | |
64 Neutral | kr1.68B | ― | -2.77% | ― | -2.53% | 83.08% | |
63 Neutral | kr59.49B | 12.36 | 1.88% | 2.32% | 0.55% | -4.48% | |
63 Neutral | kr21.59B | 13.77 | 10.37% | 4.10% | -3.46% | 12.20% | |
59 Neutral | kr3.63B | ― | -1.10% | ― | -25.66% | 62.75% |
Eltel AB Corporate Events
Eltel AB has announced that it will release its half-year report for 2025 on July 24, inviting investors, analysts, and media to a webcast and teleconference. The presentation, led by CEO Håkan Dahlström and CFO Tarja Leikas, will provide insights into the company’s performance and strategic direction, potentially impacting stakeholders’ perspectives on Eltel’s market positioning.
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.
Eltel AB has completed the settlement of its tender offer and canceled repurchased hybrid bonds, amounting to approximately EUR 24 million. This move is part of the company’s strategy to issue new EUR-denominated senior secured floating rate bonds, enhancing its financial structure and potentially impacting its market position.
Eltel AB has secured a EUR 16 million contract to construct grid connections for Hyperco’s new Data Center in Kouvola, Finland. The project involves the turnkey delivery of a 110 kV substation and cabling, with construction starting in summer 2025 and completion expected in 2026. This contract highlights Eltel’s expertise in integrating power and communication services, reinforcing its position in the critical infrastructure sector.
Eltel AB has successfully issued EUR 130 million in senior secured bonds with a four-year tenor, attracting strong demand from institutional investors. The company also completed a tender offer for its existing sustainability-linked capital securities, accepting EUR 24 million in valid tenders. These financial maneuvers aim to strengthen Eltel’s market position and support its operations in the critical infrastructure sector.
Eltel AB announced the expiration date for its tender offer and the initiation of a book-building process for new senior secured floating rate bonds. This move is part of a transaction involving the purchase of existing sustainability-linked capital securities, aiming to enhance the company’s financial structure and market positioning. The settlement of the tender offer is contingent upon the successful issuance of the new bonds, potentially impacting stakeholders by stabilizing Eltel’s financial operations.
Eltel AB is considering issuing senior secured bonds worth EUR 120 million to refinance existing debt, including sustainability-linked hybrid bonds. The proceeds will also support general corporate purposes such as investments and acquisitions. The company has announced a tender offer for its outstanding hybrid bonds, offering a purchase price of 106.5% plus accrued interest, with settlement expected shortly after the bond issuance process.
Eltel AB has announced a change in its Group Management Team with the appointment of Yathukulan Kankesan as the new Managing Director for Eltel Denmark & Germany, effective August 1. Kankesan, who has been with Eltel since 2007, brings extensive managerial experience and a strong financial background to the role. This leadership change is expected to support the continued development of Eltel’s operations in communication and power services, amid growing demand for critical infrastructure and renewable energy solutions.
Eltel AB’s Annual General Meeting in 2025 resulted in several key resolutions, including the adoption of financial statements for 2024, a decision not to pay dividends, and the discharge of the Board and CEO from liability. The meeting also saw the re-election of board members and the introduction of a new member, along with the approval of a Long-Term Incentive Program for senior executives. Additionally, the Board was authorized to issue new shares and repurchase existing ones, and amendments to the articles of association were made to reduce share capital, pending regulatory approval. These decisions are likely to impact Eltel’s financial strategy and shareholder value.
Eltel AB has announced the appointment of Klas Elmberg as the new Managing Director for Eltel Sweden, effective August 1. Elmberg, with a strong background in the service industry and leadership roles at Coor and OCAB, is expected to drive Eltel Sweden towards new opportunities in public infrastructure and renewable energy.
Eltel AB has signed a new framework agreement with the Norwegian Defence Materiel Administration, valued at approximately EUR 8.4 million, to provide installation services and materials over a two-year period, with an option to extend for another two years. This agreement emphasizes security and sustainability, aiming to enhance the ICT infrastructure of the Norwegian Armed Forces in several regions, which aligns with Eltel’s expertise in critical infrastructure and telecommunications networks.
Eltel AB has signed a new framework agreement with the Norwegian Defence Materiel Administration valued at approximately EUR 8.4 million for installation services and materials. This two-year agreement, with an option for an additional two years, focuses on enhancing the ICT infrastructure of the Norwegian Armed Forces in various regions, emphasizing security and sustainability. This collaboration is crucial for Eltel as it aligns with their expertise in developing and maintaining critical infrastructure, especially in the face of increasing digitalization and security threats.
Eltel AB has signed a new framework agreement with the Norwegian Defence Materiel Administration valued at approximately EUR 8.4 million for installation services and materials. This agreement, effective from April 2025, is set to last two years with an option for an additional two years, focusing on security and sustainability. It aims to address the Armed Forces’ needs for installation services related to ICT infrastructure in various Norwegian regions. This collaboration underscores Eltel’s expertise in maintaining critical infrastructure and highlights the importance of robust telecommunications networks amid increasing digitalization and security threats.
Eltel AB has secured a new framework agreement with the Norwegian Defence Materiel Administration valued at EUR 8.4 million for installation services and materials. This two-year agreement, with an option for two additional years, focuses on enhancing the Armed Forces’ ICT infrastructure in Norway, emphasizing security and sustainability. The collaboration aims to bolster telecommunications networks amid a growing threat landscape and increased digitalization, reinforcing Eltel’s position as a key player in critical infrastructure development.
Eltel AB has secured a new framework agreement with the Norwegian Defence Materiel Administration valued at approximately EUR 8.4 million for installation services and materials. The two-year agreement, with an option for two additional years, focuses on enhancing the Armed Forces’ ICT infrastructure in Norway’s Nordland, Central, and Southwest regions. This collaboration underscores Eltel’s expertise in developing and maintaining critical infrastructure, reinforcing its position in the Nordic market amid increasing digitalization and security demands.
Eltel AB has secured a new framework agreement with the Norwegian Defence Materiel Administration valued at approximately EUR 8.4 million. This two-year agreement, with an option for extension, focuses on the installation and maintenance of ICT infrastructure for the Norwegian Armed Forces, emphasizing security and sustainability. The partnership highlights Eltel’s expertise in critical infrastructure, reinforcing its position in the Nordic market and its role in supporting robust telecommunications networks amid growing digitalization and security threats.
Eltel AB has secured a new framework agreement with the Norwegian Defence Materiel Administration valued at approximately EUR 8.4 million for installation services and materials. This two-year agreement, with an option for an additional two years, focuses on enhancing the Armed Forces’ ICT infrastructure in Norway, emphasizing security and sustainability. This collaboration underscores Eltel’s expertise in developing and maintaining critical infrastructure, which is increasingly vital amid a growing threat landscape and societal digitalization.
Eltel AB has signed a new framework agreement with the Norwegian Defence Materiel Administration valued at approximately EUR 8.4 million. This two-year agreement, with an option to extend for another two years, focuses on installation services and materials for the Norwegian Armed Forces’ ICT infrastructure. The collaboration emphasizes security and sustainability, aiming to enhance the telecommunications networks in Nordland, Central Norway, and Southwest Norway. This agreement reinforces Eltel’s position as a key player in developing and maintaining critical infrastructure, particularly in the context of an increasing threat landscape and the ongoing digitalization of society.
Eltel AB has signed a new framework agreement with the Norwegian Defence Materiel Administration valued at approximately EUR 8.4 million for installation services and materials. This two-year agreement, with an option for a two-year extension, focuses on enhancing the Armed Forces’ ICT infrastructure in Norway, emphasizing security and sustainability. This collaboration underscores Eltel’s role in developing and maintaining critical infrastructure amid growing digitalization and security challenges.
Eltel AB has signed a new framework agreement with the Norwegian Defence Materiel Administration, valued at approximately EUR 8.4 million, for installation services and materials over two years, with an option for an additional two years. This agreement aims to enhance the Armed Forces’ ICT infrastructure in Norway, focusing on security and sustainability, and underscores Eltel’s expertise in critical infrastructure, further strengthening its collaboration with the Norwegian Armed Forces.
Eltel AB has secured a new framework agreement with the Norwegian Defence Materiel Administration valued at approximately EUR 8.4 million for installation services and materials. This two-year agreement, with an option for an additional two years, focuses on enhancing the Armed Forces’ ICT infrastructure in Norway, emphasizing security and sustainability. The collaboration underscores Eltel’s expertise in developing and maintaining critical infrastructure, which is vital in the context of increasing digitalization and security threats.
Eltel AB has signed a new framework agreement with the Norwegian Defence Materiel Administration valued at EUR 8.4 million for installation services and materials. This two-year agreement, with an option for extension, focuses on security and sustainability, aiming to address the Norwegian Armed Forces’ needs for ICT infrastructure development in specific regions. This collaboration reinforces Eltel’s position in the industry by leveraging its expertise in critical infrastructure, particularly as the demand for robust telecommunications networks grows due to digitalization and increasing security threats.
Eltel AB has signed a new framework agreement with the Norwegian Defence Materiel Administration, valued at approximately EUR 8.4 million, to provide installation services and materials over a two-year period, with an option to extend for another two years. This agreement focuses on enhancing the Armed Forces’ ICT infrastructure across several regions in Norway, emphasizing security and sustainability. The collaboration underscores Eltel’s expertise in maintaining critical infrastructure and highlights the importance of robust telecommunications networks amid increasing digitalization and security threats.
Eltel AB has signed a new framework agreement with the Norwegian Defence Materiel Administration valued at approximately EUR 8.4 million. This agreement, effective from April 2025, will last for two years, with an option to extend for another two years, focusing on installation services and materials for the Norwegian Armed Forces’ ICT infrastructure. This collaboration emphasizes security and sustainability, aligning with Eltel’s expertise in developing and maintaining critical infrastructure, which is crucial given the increasing threat landscape and the ongoing digitalization of society.