• Eltel posted Q2 operating profit (EBIT) of EUR 4.2 million, up from EUR 2 million; net sales edged down 0.7% to EUR 199.6 million.
• Net loss narrowed to EUR 0.5 million from EUR 0.8 million, while gross margin widened 1.2 percentage points to 12.4%.
• H1 EBIT climbed to EUR 7.3 million from EUR 2.3 million as net sales rose 5.4% to EUR 390.8 million; net loss narrowed to EUR 2.3 million.
• Q2 contracts signed totaled about EUR 217 million versus EUR 104 million a year earlier; total orderbook was unchanged at EUR 1.2 billion.
• Received a Vattenfall contract award decision in Sweden worth EUR 275 million, now appealed; CEO said profitability improvement continues, led by Norway’s turnaround.

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 21, 2026, and is solely responsible for the information contained therein.