Eltel is the leading service provider for critical infrastructure that enables renewable energy and high-performing communication networks. Operations are conducted in the Nordic countries, Germany, Poland (a Shared Services Center) and Lithuania within country-based organizations that have full responsibility for their financial results.
Our strategy – towards sustainable profitable growth
Through our strategy, we build the foundation for investing in sustainable profitable growth. This involves:
- Improve the efficiency and profitability of its business
- Broaden its customer base
- Grow in new and adjacent markets
- Integrate sustainability as part of its offerings and operations
- Develop its concepts and commercial capabilities
- Implement new business models and expand our position in the value chain
The strategy will enable Eltel to continue to develop, grow and invest in order to ensure long-term value creation for the company, its shareholders and society at large.
Eltel’s financial targets
| Group adjusted EBITA margin | 5% |
| Annual growth | 2–4% |
| Leverage | 1.5–2.5x net debt/EBITDA |
| Dividend payout | Subject to leverage target |