Eltel

OverviewSuggest Edit

Eltel is a leading European provider of technical services for critical infrastructure networks – Infranets – in the segments of Power, Communication and Transport & Security, with operations throughout the Nordic and Baltic regions, Poland, Germany, the United Kingdom and Africa. Eltel provides a broad and integrated range of services, spanning from maintenance and upgrade services to project deliveries. Eltel has a diverse contract portfolio and a loyal and growing customer base of large network owners. In 2015 Eltel net sales amounted to EUR 1,255 million.
TypePublic
Founded2001
HQBromma, SE
Websiteeltelnetworks.com

Latest Updates

Employees (est.) (Jun 2022)5,023
Revenue (FY, 2021)€812.6 M(-13%)
Share Price (Jun 2022)KR8
Cybersecurity ratingBMore
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Eltel Office Locations

Eltel has offices in Bromma and London
Bromma, SE (HQ)
Adolfsbergsvägen 13
London, GB
St James House 13 Kensington Square
Show all (2)

Eltel Financials and Metrics

Eltel Revenue

Eltel's revenue was reported to be €812.6 m in FY, 2021
EUR

Revenue (Q1, 2022)

184.0m

Gross profit (Q1, 2022)

24.9m

Net income (Q1, 2022)

(4.5m)

EBITDA (Q1, 2022)

5.1m

EBIT (Q1, 2022)

(2.5m)

Market capitalization (29-Jun-2022)

1.3b

Closing stock price (29-Jun-2022)

8.0

Cash (31-Mar-2022)

20.8m

EV

1.4b
Eltel's current market capitalization is kr1.3 b.
Annual
EURFY, 2018FY, 2019FY, 2020FY, 2021

Revenue

1.2b1.1b938.0m812.6m

Cost of goods sold

(1.1b)(978.4m)(815.4m)(383.8m)

Gross profit

115.8m110.3m124.0m428.8m
Quarterly
EURQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Revenue

251.0m276.0m281.8m236.6m245.5m226.7m182.0m210.4m193.8m184.0m

Cost of goods sold

(217.7m)(240.2m)(247.9m)(202.9m)(210.5m)(190.9m)(154.7m)(179.3m)(164.6m)(159.4m)

Gross profit

33.6m36.0m34.3m34.0m56.0m36.1m28.0m31.8m29.7m24.9m
Annual
EURFY, 2018FY, 2019FY, 2020FY, 2021

Cash

53.4m65.2m26.0m32.3m

Accounts Receivable

144.0m124.9m98.8m102.0m

Prepaid Expenses

23.6m14.6m13.2m14.5m

Inventories

13.2m14.6m12.1m17.2m
Quarterly
EURQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Cash

12.8m23.6m26.2m18.5m37.2m8.5m20.3m30.0m17.7m20.8m

Accounts Receivable

332.3m310.7m293.3m205.8m214.4m229.9m199.8m215.6m207.1m184.4m

Inventories

16.6m17.7m10.8m14.2m13.9m11.2m12.6m12.2m12.4m17.4m
Annual
EURFY, 2018FY, 2019FY, 2020FY, 2021

Net Income

(9.2m)(11.2m)24.8m14.5m

Depreciation and Amortization

14.3m40.9m38.2m32.1m

Inventories

(3.9m)(2.2m)2.1m(5.0m)

Accounts Payable

(4.5m)(46.4m)(10.4m)(14.5m)
Quarterly
EURQ1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021Q1, 2022

Net Income

(3.6m)(1.5m)2.5m(2.2m)20.8m26.7m(800.0k)3.5m7.5m(2.5m)

Depreciation and Amortization

11.0m21.6m32.0m9.6m19.2m29.0m8.3m16.7m24.5m7.6m

Inventories

(3.3m)(5.2m)1.5m(100.0k)400.0k2.9m(500.0k)(100.0k)(400.0k)(300.0k)

Accounts Payable

(38.6m)(44.2m)(61.8m)(23.4m)(7.6m)(21.6m)(22.4m)(5.6m)(29.0m)(17.7m)
EURFY, 2018

Revenue/Employee

154.8k
Show all financial metrics

Eltel Acquisitions / Subsidiaries

Company NameDateDeal Size
GJM Components S.R.L.

Eltel Revenue Breakdown

Embed Graph

Eltel revenue breakdown by business segment: 37.4% from POWER, 63.2% from COMMUNICATION and -0.5% from Other

Eltel revenue breakdown by geographic segment: 22.4% from SWEDEN, 36.9% from FINLAND, 19.8% from NORWAY, 10.8% from DENMARK, 11.3% from OTHER BUSINESS and -1.2% from Other

Eltel Cybersecurity Score

Cybersecurity ratingPremium dataset

B

84/100

SecurityScorecard logo

Eltel Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

60-79

out of 100

CSRHub logo

Eltel Online and Social Media Presence

Embed Graph

Eltel News and Updates

Eltel signs contract to build transmission line in Finland worth about EUR 17.5 million

Eltel’s Power business in Finland has signed an agreement with Fingrid, Finland’s national transmission system operator, to build a 45 km long 400+110 kV power transmission line in the Oulu region. The contract is worth about EUR 17.5 million.read more

Eltel Group: Interim report JanuaryMarch 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% (-2.9) Operating result (EBIT) EUR -3.6 million (-10.4) and EBIT margin -1.4% (-3.9) Net result EUR -7.4 million (-9.…

Eltel Signs a High Voltage Power Line Agreement With the Polish Power Grid Company PSE S.A. for a Value of About EUR 18.5 Million

STOCKHOLM, October 18, 2018 /PRNewswire/ -- Eltel's Polish company Eltel Networks Energetyka S.A. has in a consortium signed an agreement with the Polish power grid company PSE S.A. to deliver a 400 kV overhead line. Eltel's part of the contract is worth approximately EUR 18.5 million....

Eltel Frequently Asked Questions

  • When was Eltel founded?

    Eltel was founded in 2001.

  • How many employees does Eltel have?

    Eltel has 5,023 employees.

  • What is Eltel revenue?

    Latest Eltel annual revenue is €812.6 m.

  • What is Eltel revenue per employee?

    Latest Eltel revenue per employee is €161.8 k.

  • Who are Eltel competitors?

    Competitors of Eltel include Valard, Klick and Mozilla Foundation.

  • Where is Eltel headquarters?

    Eltel headquarters is located at Adolfsbergsvägen 13, Bromma.

  • Where are Eltel offices?

    Eltel has offices in Bromma and London.

  • How many offices does Eltel have?

    Eltel has 2 offices.