Eltel signs three-year frame agreement with Telia in Finland
Eltel announced on Friday that it has signed a three-year continuation of an existing framework agreement with Telia in Finland. The contract is worth approximately 70 MEUR and covers a wide range of service packages, including the construction, maintenance and fault repair of fixed and mobile networks, as well as customer deliveries in Finland. The new contract will become effective on April 1, 2025. It also includes an option for an additional year.
Spread roughly evenly on an annual basis, the agreement is relatively small for Eltel (3% of 2024e revenue 829 MEUR). On the other hand, it is important for the Finnish country unit (2024e revenue 359 MEUR) as it brings significant volume for the coming years. Given the background (continuation agreement), the framework agreement has no direct impact on our forecasts or view on the company.
Eltel
Eltel är verksamt inom telekommunikations- och elbranschen och erbjuder tjänster inom infrastruktur för nätverk och elkraft. Bolagets tjänster inkluderar installation, underhåll och projektledning för telekommunikation och elnät. Verksamheten riktar sig till företag och offentliga institutioner i Europa. Eltel grundades 2001 och har sitt huvudkontor i Stockholm.
Read more on company pageKey Estimate Figures2024-11-01
2023 | 24e | 25e |
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2023 | 24e | 25e | |
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Omsättning | 850,2 | 828,9 | 843,8 |
tillväxt-% | 3,2 % | −2,5 % | 1,8 % |
EBIT (adj.) | 1,7 | 10,1 | 20,3 |
EBIT-% | 0,2 % | 1,2 % | 2,4 % |
EPS (adj.) | −0,02 | −0,05 | 0,01 |
Utdelning | 0,00 | 0,00 | 0,00 |
Direktavkastning | |||
P/E (just.) | - | - | 52,3 |
EV/EBITDA | 8,5 | 15,5 | 5,1 |
