US/UK/Canada

Share

Contacts

  • Alexandra Kärnlund

    Director, Communications


    Adolfsbergsvägen 13, Bromma, POB 126 23, SE-112 92 Stockholm, Sweden
    +46 70 910 0903
    https://www.eltelgroup.com
    • Pick a time period -
    Tags ( Active)

    Resolutions by Eltel’s Extraordinary General Meeting 2016

    On Monday 20 June 2016 Eltel AB held an Extraordinary General Meeting (EGM) at Eltel’s headquarters in Stockholm.The following resolutions were made at the EGM:   Long-term incentive programme for 2016 (LTIP 2016)     The EGM approved the implementation of a share savings programme (LTIP 2016) for key individuals at Eltel Group. The aim is to create an individual long-term ownership of Eltel shares among the participants. The proposal was divided into four items: A. Terms of the Share Savings Programme 2016 (LTIP 2016).B. Hedge for LTIP 2016 in the form of new class C

    Eltel Group - Interim report January–September 2015

    January - September 2015 · Net sales EUR 857.6 million (889.8), down 3.6%*, organic net sales increased 3.1%* · Operative EBITA** EUR 41.7 million (43.6) or 4.9% of net sales (4.9) · Non-recurring items EUR -1.7 million (-15.9), mainly IPO-related · EBITA EUR 40.0 million (27.6) or 4.7% of net sales (3.1) · Net financial expenses decreased to EUR 12.2 million (14.8) · Net result EUR 25.9 million (2.4) · Earnings per share EUR 0.42 (-0.05) · Operative cash flow** EUR -44.6 million (42.0), strongly impacted by IPO-related cash payments in the first quarter July -

    Eltel’s power distribution signs a EUR 20 million smart metering contract with Kamstrup for DONG Energy in Denmark

    Eltel has signed a contract for the rollout and implementation of smart meters for power distribution with Kamstrup A/S in their project with DONG Energy. This project will be the largest smart meter rollout in Denmark so far. The total value of the contract for Eltel is approximately EUR 20 million.Kamstrup A/S, a leading solution provider within smart metering, announced the signing of a turnkey contract of one million smart electricity meters with Danish DONG Energy in April 2015. Eltel has now been selected as one of Kamstrup’s two rollout partners to implement part of the total volume.

    Eltel wins a new long-term contract with E.ON in Power distribution in Sweden

    E.ON has chosen Eltel as its main contractor in two regions of its power distribution network in Sweden. The value of the contract amounts to approximately 46 MEUR over four years, from the beginning of 2016 until the end of 2019. There is also an option for contract extension by one to two years.The E.ON contract covers the two Swedish regions Norrköping and Södra Nord. The contracted services will include fault repair, maintenance, service works and project deliveries. Axel Hjärne, CEO of Eltel Group, comments:We are very happy to win the confidence of E.ON to become one of their

    Eltel wins another major smart metering contract in Norway

    Norwegian power utility Skagerak Nett AS has chosen Eltel its rollout partner  in their smart metering project. The rollout consists of 180.000 AMM meters to be installed by 2019.Skagerak Nett has decided to contract the rollout of 180.000 smart meters with Eltel. The contracted services include rollout of meters and communication equipment, installations for substations, warehousing and logistics, and customer contacts. For Eltel the contract is another smart metering project in Norway announced during a short period of time. Eltel is the market leader of smart metering rollouts in

    Eltel and Hafslund sign the largest Norwegian smart metering rollout contract

    Eltel and Hafslund Nett have announced today the signing of the largest Norwegian smart metering rollout contract. The volume amounts to 630,000 direct measured meters to be installed by 2019, with approximately 150 Eltel employees involved in the project.Eltel and Hafslund Nett have agreed on a rollout of 630,000 smart meters in Hafslund distribution network in Norway. The project is by far the largest smart metering project in Norway and will take more than three years to implement. Eltel’s delivery scope will include rollout planning, end customer communications, logistics and

    Eltel makes an acquisition in Germany

    Eltel has acquired the German company Edi.Son Energietechnik GmbH within the Power segment. The acquired company shows a turnover of over EUR 20 million per year and has more than 100 employees.Eltel has today announced the signing of the acquisition of Edi.Son Energietechnik GmbH, specializing in planning, design and construction of 110 to 380 kV overhead lines in Germany. With the acquisition of Edi.Son, Eltel is in the position to deliver both transmission lines and substations up to 380 kV to the German customers. The acquisition is an important step for Eltel and its growth strategy to

    Eltel Nomination Committee for AGM 2015

    Based on the February 13, 2015, known ownership in Eltel, a committee is appointed before the 2015 Annual General Meeting (“AGM”).The Nomination Committee consists of: · Mattias Eklund, appointed by 3i (20.0% of votes) · Joakim Rubin, appointed by Zeres Capital (10.5% of votes) · Per Colleen, appointed by AP4 (8.5% of votes) · Thomas Hofmeister, appointed by BNP Paribas (7.6% of votes) Nomination Committee represents about 46,6 percent of the votes in the company. Shareholders in Eltel are invited to submit proposals to the Nomination Committee by e-mail to paivi.

    There are no items matching the current filter
    There are no more items matching the current filter
    Back to top

    Subscribe

    Media