Latest Eltel Group News & Updates

See the latest news and media coverage for Eltel. We track all announcements, press releases, and industry mentions in real time, all in one place.

Eltel Group (Eltel)

Critical infrastructure services provider

eltelgroup.com

Headquarters: Stockholm, Sweden
Founded year: 2001
Company type: Public company
Number of employees: 3,000–5,000
Industry: Construction & Engineering

Last updated Today

Latest news about Eltel Group (Eltel)

In short: Eltel secured a massive €275 million Vattenfall contract and multiple major infrastructure projects in Finland while reporting Q1 growth.

Company announcements

July 21 Eltel

Eltel publishes half-year report with improved profitability

Net sales increased to 390.8 million euros and adjusted EBITA doubled compared to the previous year. Major contracts were signed with Vattenfall, Fingrid and others.

July 13 Eltel

Eltel expands collaboration with GlobalConnect for fiber installations in Denmark

The agreement is worth approximately 13 million euros and runs for three years. The installations cover the entire installation chain from customer contact to final connection.

July 3 Eltel

Eltel wins its largest power line contract in Finland from Fingrid

The contract is worth 34 million euros and includes construction of two parallel power lines over 43 kilometers.

July 3 Eltel

Eltel delivers critical network infrastructure to FCDC's data center in Finland

The contract worth 20 million euros includes a 110 kV transformer station and cabling to Fingrid's main grid, runs until the end of 2027.

Media coverage

July 4 The Globe and Mail

Eltel Wins EUR 20 Million Grid Contract for Finnish Data Center

Eltel has secured a EUR 20 million contract to deliver the grid connection for FCDC’s new data center in Karjaa, Finland, including a turnkey 110...

June 8 FinanzNachrichten.de

Eltel AB: Eltel receives contract award decision from Vattenfall worth EUR 275 million

Vattenfall Eldistribution has today, subject to a 10-day standstill period as described below, awarded Eltel a service and maintenance agreement for the geographical areas named...

February 13 London Stock Exchange

Eltel Group: Full-year report January-December 2025

Net sales EUR 239.0 million (226.1), an increase of 5.7%. Organic growth1) was 4.0%Gross profit EUR 32.7 million (27.7) and gross margin 13.7% (12.2)Adjusted EBITA2...

8 June 2025 Morningstar

Eltel AB ELTEL

Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive...

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