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Eltel AB (ELTEL.ST)

ELTEL.ST on Stockholm Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Eltel Gets Order In Finland Worth About EUR 13 Mln
Monday, 13 May 2019 

May 13 (Reuters) - Eltel AB ::ELTEL SIGNS CONTRACT WORTH ABOUT EUR 13 MILLION TO BUILD PARTS OF TWO WIND FARMS IN FINLAND.ELTEL'S POWER BUSINESS IN FINLAND HAS SIGNED AN AGREEMENT WITH PROJECT INVESTOR OCTOPUS AND ENERGY DEVELOPER VALOREM.CONTRACT IS WORTH ABOUT EUR 13 MILLION..TO BUILD INFRASTRUCTURE FOR TWO NEW WIND FARMS IN WESTERN FINLAND.PROJECT HAS STARTED AND IS SCHEDULED TO BE COMPLETED DURING Q4 OF 2020.  Full Article

Eltel Jan-March Operative EBITA Loss Narrows To EUR 3.0 Mln
Friday, 26 Apr 2019 

April 26 (Reuters) - Eltel AB ::ELTEL GROUP: INTERIM REPORT JANUARY-MARCH 2019.JAN-MARCH NET SALES EUR 251.0 MILLION (266.6).JAN-MARCH OPERATIVE EBITA EUR -3.0 MILLION (-7.6) AND OPERATIVE EBITA MARGIN -1.2% (-2.9).  Full Article

Eltel Secures Stockholm Bypass Infrastructure Contract
Monday, 3 Dec 2018 

Dec 3 (Reuters) - Eltel AB ::ELTEL SECURES STOCKHOLM BYPASS INFRASTRUCTURE CONTRACT VALUED AT EUR 38 MILLION.CONTRACT ALSO INCLUDES OPERATION AND MAINTENANCE FOR 24 MONTHS FROM COMPLETION OF WORK.DESIGN AND INSTALLATION PERIOD IS SEVEN YEARS, BEGINNING IN 2019 WITH COMPLETION ANTICIPATED FOR 2026.CONTRACT ALSO INCLUDES OPERATION AND MAINTENANCE FOR 24 MONTHS FROM COMPLETION OF WORK.TOTAL CONTRACT VALUE IS WORTH ABOUT EUR 75 MILLION, OF WHICH ELTEL'S SHARE IS WORTH AROUND EUR 38 MILLION..  Full Article

Eltel Q3 Operative EBITA Falls To EUR 0.5 Million
Wednesday, 7 Nov 2018 

Nov 7 (Reuters) - Eltel AB ::Q3 NET SALES EUR 295.9 MILLION VERSUS EUR 328.0 MILLION YEAR AGO.Q3 OPERATIVE EBITA EUR 0.5 MILLION VERSUS EUR 3.1 MILLION YEAR AGO.SAYS DURING Q3, SALES DECREASED AS PLANNED AS A CONSEQUENCE OF COMPLETED DIVESTMENTS.  Full Article

Eltel Signs LoI With STRABAG In Germany
Thursday, 15 Mar 2018 

March 15 (Reuters) - ELTEL AB ::ELTEL SIGNS A LETTER OF INTENT WITH STRABAG AG IN GERMANY TO BOOST BROADBAND FIBRE ROLLOUTS.‍LOI COMPRISES DESIGN, PLANNING AND BUILDING NETWORKS IN GERMANY​.‍FOCUS WILL BE ON DELIVERING TURN KEY SOLUTIONS TO GERMAN MARKET.​.  Full Article

Eltel In Finland Signs EUR 30 Mln Frame Agreement For Power Distribution
Friday, 9 Mar 2018 

March 9 (Reuters) - Eltel Ab ::ELTEL IN FINLAND SIGNS A EUR 30 MILLION FRAME AGREEMENT FOR POWER DISTRIBUTION.‍AGREEMENT COMPRISES BUILDING AND MODERNISATION OF POWER DISTRIBUTION NETWORK IN SOUTHERN FINLAND.​.‍AGREEMENT COVERS A THREE-YEAR TIME PERIOD FROM MARCH 2018 TILL MARCH 2021.​.  Full Article

Eltel: LoI To Divest Power Transmission International Expires
Friday, 2 Mar 2018 

March 2 (Reuters) - ELTEL AB ::ELTEL'S LETTER OF INTENT TO DIVEST POWER TRANSMISSION INTERNATIONAL HAS EXPIRED.RAMP DOWN AND DISCONTINUATION PROCESS IS EXPECTED TO BE COMPLETED IN 2019..PURCHASER HAS NOT FULFILLED CONDITION TO OBTAIN FINANCING OF TRANSACTION AND A FULL RELEASE FOR ELTEL UNDER CERTAIN GUARANTEES..ELTEL WILL PROCEED WITH DISCONTINUATION OF PTI.ELTEL - IT IS ESTIMATED THAT TOTAL FINANCIAL EFFECT OF CLOSURE OF PTI WILL BE SOMEWHAT LOWER THAN PREVIOUSLY ESTIMATED RAMP DOWN EXPENSES OF EUR 40 MILLION.  Full Article

Eltel In Finland Awarded Renewal Of Telecom Frame Agreement Worth EUR 30 Mln
Monday, 5 Feb 2018 

Feb 5 (Reuters) - Eltel Ab ::ELTEL IN FINLAND AWARDED RENEWAL OF TELECOM FRAME AGREEMENT WORTH EUR 30 MILLION.‍AWARDED FRAME AGREEMENT RENEWAL BY A FINNISH TELECOM OPERATOR COVERING SERVICES WITHIN FIXED TELECOM NETWORKS IN FINLAND​.‍FRAME AGREEMENT IS VALID FOR TWO YEARS FROM APRIL 2018 UNTIL END OF MARCH 2020​.‍ELTEL'S COMMUNICATION BUSINESS IN FINLAND HAS BEEN AWARDED A RENEWAL OF FRAME AGREEMENT, FOR NEXT TWO YEARS​.  Full Article

Eltel Completes Divestment Of Rail Operations In Finland
Wednesday, 31 Jan 2018 

Jan 31 (Reuters) - ELTEL AB ::ELTEL COMPLETES DIVESTMENT OF RAIL OPERATIONS IN FINLAND.TRANSACTION IS ESTIMATED TO POSITIVELY IMPACT GROUP EBITA BY APPROXIMATELY 4 MILLION EUR IN Q1 OF 2018​.  Full Article

Eltel To Divest Rail Business Operations In Denmark
Friday, 29 Dec 2017 

Dec 29 (Reuters) - Eltel Ab ::ELTEL SIGNS A LETTER OF INTENT TO DIVEST ITS RAIL BUSINESS OPERATIONS IN DENMARK.UNDER LETTER OF INTENT, PARTIES AIM TO FINALISE DEFINITIVE TRANSACTION BY 31 JANUARY 2018.‍PARTIES AIM TO FINALISE DEFINITIVE TRANSACTION BY 31 JANUARY 2018.​.CONTRACT IS VALID UNTIL MARCH 2019 WITH A ONE-YEAR PROLONGATION OPTION.NEGATIVE CASH FLOW EFFECT OF DKK 18 MILLION, EXPECTED TO OCCUR IN THE FOURTH QUARTER 2017 AND Q1 2018.  Full Article