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.
We enable a more sustainable society
The infranet solutions that Eltel provides enable the transition to a robust, resilient and carbon-neutral society. For example, Eltel delivers infrastructure that allows renewable energy generation, electric vehicle charging and high-capacity communication networks. This infrastructure enables the electrification and digitalization of society, as well as new ways of living and interacting.
Our services and offering
Eltel delivers a comprehensive range of communication and power services – everything from the design and build phase to corrective maintenance – primarily for the owners of communication and power networks. We offer a 24/7 and extensive geographical presence in our home markets. Operations are conducted in the Nordic countries, Poland, Germany and Lithuania within country-based organisations.
Our communication and power services are becoming increasingly intertwined as we draw on synergies between our communication and power capabilities to deliver solutions that combine both. We are offering more projects related to renewable energy, energy storage, electric vehicle charging and public infrastructure.
Most of our work is conducted through long-term framework and service agreements that enable us to collaborate with customers to achieve their objectives. Eltel also provides services through projects and other business models. Our business strategy focuses on delivering on our customer promises, streamlining our operations and improving productivity.
Always connected, always powered – we make it happen by transforming society for a sustainable future.
Eltel in brief
- Founded: 2001
- Geographic markets: Nordics, Poland, Germany and Lithuania
- Operations: communication and power, including projects related to renewable energy, energy storage, electric vehicle charging and public infrastructure
- Employees: 5,000 (2023)
- CEO: Håkan Dahlström
- Share listed: Nasdaq Stockholm
Eltel is the leading service provider for critical infrastructure that enables renewable energy and high-performing communication networks. Eltel designs, plans, builds and secures the operation of networks for a more sustainable and connected world today and for future generations.
Eltel in figures
Key figures (2023) |
|
| Net sales | EUR 850.1 million |
| Net sales growth | 3.2% |
| Adjusted EBITA | EUR 1.7 million |
| Adjusted EBITA margin | 0.2% |
| Operating result (EBIT) | EUR -5.3 million |
| Return on operative capital employed (ROCE) | 5.3% |
| Net working capital | EUR -49.8 million |
| Net debt | EUR 100.6 million |
| Number of employees, average | 5,024 |
