• Eltel discussed Q3 2023 results in a webcast attended by CEO Hâkan Dahlstrom, CFO Tarja Leikas, IR head Elin Otter, ABG analyst Adrian Gilani.
• Net sales reached EUR 230 million, up about 3% reported, with about 8% growth in local currency; adjusted EBITA was EUR 5.9 million.
• Management estimated roughly two-thirds of organic growth came from volumes, with about one-third from pricing.
• Cost cuts reached a run-rate above EUR 13 million, affecting more than 225 staff; Norway added 60 layoffs for EUR 2.3 million annual savings.
• Finland still faces two loss-making Power Services contracts into early 2024; wind projects paused, while utility-scale solar work begins with a 10 MW park.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Eltel AB published the original content used to generate this news brief on July 09, 2026, and is solely responsible for the information contained therein.