Eltel announces estimated negative operative EBITA for the fourth quarter 2022
Eltel’s market position is strong and there is high demand for our services. However, due to recently postponed customer investments, high inflation impact and cost overruns, Eltel expects slightly reduced net sales and significantly reduced operative EBITA in the fourth quarter, compared to the same period previous year. For the fourth quarter, operative EBITA is estimated to be negative, which risks resulting in the full year operative EBITA not being positive.– The orderbook is strong but some of our customers have recently reduced their purchase volumes, which negatively impacts the net