Press releases

August 2019

Change in Eltel Group Management Team

Mikael Malmgren, Strategy and Business Development Director of Eltel AB, has been appointed Chief Financial Officer, CFO, and Chief Operating Officer, COO, of Eltel Sweden as of September 1, 2019. As a...

Eltel divests its Polish Communication business

Eltel has signed an agreement to divest its Polish Communication business to VINCI Energies, a global player in concessions and contracting. The total consideration of the transaction is about EUR 12.7...

July 2019

Eltel Group: Interim report January–June 2019

April–June 2019 Net sales EUR 276.0 million (295.5). Total growth -6.6% and organic growth(1 in Power and Communication -6.4% Operative EBITA(2 EUR 2.5 million (2.0) and operative EBITA margin 0.9% (...

Invitation to Eltel’s second quarter 2019 interim report presentation

Eltel will publish its interim report for the second quarter 2019 on Wednesday 24 July 2019 at approximately 08.00 am CET. Eltel’s CEO Casimir Lindholm and CFO Petter Traaholt will host a presentation v...

June 2019

Eltel and LFV signs letter of intent

Eltel and LFV, Air Navigation Services of Sweden, have signed a letter of intent to which Eltel will transfer the business area Aviation & Security to LFV. In the letter of intent, both parties undertake...

May 2019

Eltel signs contract worth about EUR 13 million to build parts of two wind farms in Finland

Eltel’s Power business in Finland has signed an agreement with project investor Octopus and energy developer VALOREM to build the infrastructure for two new wind farms in Western Finland. The contract i...

Resolutions by Eltel’s 2019 Annual General Meeting

Today, Tuesday 7 May 2019, Eltel AB held its 2019 Annual General Meeting (AGM).

April 2019

Eltel Group: Interim report January–March 2019

January–March 2019 Net sales EUR 251.0 million (266.6). Total growth -5.9% and organic growth1 in Power and Communication -2.0% Operative EBITA2 EUR -3.0 million (-7.6) and operative EBITA margin -1.2% (...

Invitation to Eltel’s first quarter 2019 interim report presentation

Eltel will publish its interim report for the first quarter 2019 on Friday 26 April 2019 at approximately 08.00 am CET. Eltel’s CEO Casimir Lindholm and CFO Petter Traaholt will host a presentation via a...

Eltel has published its Annual Report 2018

Eltel has today published its Annual Report 2018 on Eltel Group’s website.

Notice to the Annual General Meeting 2019 in Eltel AB

The shareholders of Eltel AB (publ) (Reg. No. 556728-6652) (“Eltel”) are hereby invited to the Annual General Meeting to be held on Tuesday, 7 May 2019 at 14.00 CEST.

Eltel focuses on the Nordic market – evaluates strategic alternatives for its Polish and German operations

In line with the new strategy, Operational Excellence, Eltel has initiated a strategic evaluation of the company's operations outside the Nordics, including a potential divestment. 

March 2019

Amendments to Eltel’s financing agreement

Eltel has agreed with its banks on certain amendments to its existing financial agreement that matures in Q1 2021. The new amendments include financial covenants and a plan to reduce net debt during the...

February 2019

Eltel Group: Full-year report January–December 2018

October–December 2018 Net sales EUR 330.9 million (374.2). Total growth -11.6% and organic growth* in Power and Communication -5.1% Operative EBITA** EUR 2.9 million (2.2) and operative EBITA margin 0...

Invitation to Eltel’s full year and fourth quarter 2018 interim report presentation

Eltel will publish its full year and interim report for the fourth quarter 2018 on Thursday 14 February 2019 at approximately 08.00 am CET. Eltel’s CEO Casimir Lindholm and CFO Petter Traaholt will host a...

January 2019

Number of shares and votes in Eltel AB

Today, on 31 January 2019, the total number of shares in Eltel amounts to 157,499,081 and the total number of votes amounts to 156,734,081.

Eltel signs renewal of three-year telecom frame agreement in Finland worth about EUR 39 million

Eltel’s Communication business in Finland has signed a renewal of a three-year frame agreement with Finnish telecommunications provider DNA to be a major fixed network service supplier. The agreement i...

Change in Eltel Group Management Team

Elin Otter has been appointed new member of the Eltel Group Management Team as of January 1, 2019. Elin was employed at Eltel in June 2018 as Head of Group Communications.