Eltel reports record order book and highest quarterly EBITA since 2015
The company achieved EUR 11.0 million adjusted EBITA, EUR 680.7 million in new contracts, and improved operating cash flow during Q3 2026.
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Critical infrastructure services provider
eltelgroup.comLast updated
In short: Eltel secured major Nordic contracts and reported improved profitability in 2026.
The company achieved EUR 11.0 million adjusted EBITA, EUR 680.7 million in new contracts, and improved operating cash flow during Q3 2026.
The five-year agreement covers electricity network expansion and maintenance in Jutland. Eltel will hire 40 technicians to support the work starting February 2027.
The five-year deal exceeds EUR 475 million in revenue and positions Eltel as the sole supplier for network services, with potential value reaching EUR 1 billion.
The company integrates nine new employees in Vejle and expands its geographical presence as well as market potential within critical infrastructure on Jutland.
Infrastructure service company Eltel reports decreased turnover but higher operating profit and net profit in the third quarter compared to the corresponding period last year.
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The Stockholm Stock Exchange shows positive development at lunchtime driven by a major deal for Eltel, while commodities lead and technology falls.
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