This is Eltel
Securing the lifelines of modern society
Everyone depends on stable communication and power networks. Eltel builds, maintains and upgrades these essential 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 provides infrastructure that allows renewable energy generation, electric vehicle charging and high-capacity communication networks. This enables the electrification and digitalisation of society, and new ways of living and interacting.
The infranet solutions that Eltel provides enable the transition to a robust, resilient and carbon-neutral society.
Our services and offering
We deliver a comprehensive range of communication and power services – from project delivery to maintenance and
upgrade solutions – primarily for the owners of communication and power networks. We typically offer a 24/7 and comprehensive geographical presence in our home markets.
Most of our work is conducted through long-term framework agreements that enable us to collaborate with customers
to achieve their objectives. We accomplish this through our business strategy, which focuses on delivering on our customer promises, streamlining our operations and improving productivity.
Eltel in brief
- Founded: 2001
- Geographic markets: Nordics, Poland, Germany and Lithuania
- Operations: communication and power, including smart metering
- Employees: 5,000 (2021)
- CEO: Casimir Lindholm
- Share listed: Nasdaq Stockholm
Eltel is a leading Nordic field service provider for communication and power networks. We deliver a comprehensive range of solutions from maintenance and upgrade services to project delivery. This includes design, planning, building, installing and securing the operation of networks for a more sustainable and connected world today and for future generations.
Eltel in figures
Key figures (2021)
|Net sales||EUR 812.6 million|
|Net sales growth||-13.4%|
|Operative EBITA||EUR 14.8 million|
|Operative EBITA margin||1.8%|
|Operating result (EBIT)||EUR 14.5 million|
|Return on operative capital employed (ROCE)||23.6%|
|Net working capital||EUR -16.0 million|
|Net debt, 2021 financing agreement||EUR 69.2 million|
|Net debt||EUR 122.6 million|
|Number of employees, average||5,176|