Eltel Q4 net sales rise 5.7%, EBITA improves; says confident of profitability target

Eltel AB

13/02/2026 07:10

Overview

Nordic infrastructure service provider's Q4 net sales increased 5.7% yr/yr

Adjusted EBITA for Q4 improved to EUR 8.3 mln, reflecting strategic initiatives

Company announced bond listing on Nasdaq Stockholm and major contract wins

Outlook

Eltel confident of reaching its profitability target of 5% within 12 to 18 months

Company sees strong growth opportunities in data centers, solar and energy storage

Eltel's strong orderbook positions it for continuous growth opportunities

Result Drivers

NEW BUSINESS GROWTH - Eltel's Q4 performance was bolstered by growth in new business areas like data centers and solar PV, particularly in Finland

CUSTOMER BASE EXPANSION - Sweden broadened its customer base in classic telecommunications and public infrastructure, contributing to growth

POWER SERVICES - Growth in power services in Denmark and Norway helped offset communication declines, with a focus on battery energy storage systems

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Sales
Beat
EUR 239 mln
EUR 228 mln (2 Analysts)
Q4 EPS
EUR 0.02
Q4 Net Income
EUR 3.60 mln
Q4 EBIT
EUR 8.30 mln


Analyst Coverage

The one available analyst rating on the shares is "buy"

The average consensus recommendation for the integrated telecommunications services peer group is "buy"

Wall Street's median 12-month price target for Eltel AB is SEK9.90, about 12.5% above its February 12 closing price of SEK8.80

The stock recently traded at 14 times the next 12-month earnings vs. a P/E of 15 three months ago

Press Release: ID:nMFN9wqFyF

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)