We are Eltel
Transforming how we power and connect the world
Everyone depends on stable communication and power networks. Eltel designs, builds, maintains and upgrades these critical lifelines of modern society for national network operators and owners.
Our services and offering
Within our business area Communication, Eltel establishes high-performing networks and supports the societal need for greater digitalization. We design, install, upgrade and service mobile and fixed communication networks, including mobile indoor solutions.
Within our business area Power, we enable the electrification of society. We install, maintain and upgrade electricity distribution and transmission infrastructure, and provide turnkey solutions for smart grids, e-Mobility, solar power, wind power and Battery Energy Storage Systems (BESS).
We are increasingly combining our unique communication and power expertise on projects. Data centers, for example, may include both communication and power services.
We offer a 24/7 and extensive geographical presence in our home markets. Operations are conducted in the Nordic countries, Germany and Lithuania within country-based organisations.
Most of our work is conducted through long-term framework agreements that run between two to five years. This allows us to create and maintain long-term relationships with our customers and, through close cooperation, help them achieve their objectives.
Always connected, always powered – we make it happen by transforming society for a sustainable future.
Eltel in brief
- Founded: 2001
- Geographic markets: Nordics, Germany and Lithuania
- Operations: communication and power, including projects related to renewable energy, energy storage, electric vehicle charging and public infrastructure
- Employees: 4,550 (2024)
- CEO: Håkan Dahlström
- Share listed: Nasdaq Stockholm
Eltel is the leading service provider for critical infrastructure in the Nordics. Our 4,500 colleagues across the Nordics, Germany and Lithuania enable the digitalization and electrification of society by providing services and turnkey solutions for high performing communication and power networks and renewable energy.
Eltel in figures
Key figures (2024) |
|
| Net sales | EUR 828.7 million |
| Net sales growth | -2.5% |
| Adjusted EBITA | EUR 10.5 million |
| Adjusted EBITA margin | 1.3% |
| Operating result (EBIT) | EUR -18.0 million |
| Return on operative capital employed (ROCE) | 102.4% |
| Net working capital | EUR -61.3 million |
| Net debt | EUR 114.0 million |
| Number of employees, average | 4,550 |
