Here are the pre-comments from Christoffer as Eltel releases its Q1 results on Thursday, April 30. ![]()
We expect the report to show a continuation of the company’s positive profitability trend, which would be the eleventh consecutive quarter of year-on-year profitability improvement. Although Q1 is seasonally the quietest period for Eltel as weather conditions impact construction activities, we predict that strong development in the Swedish market and growth in new business areas, such as data centers and solar power, will support moderate revenue growth. In the report, we focus on the sustainability of the Norwegian turnaround, the development of new business segments, and qualitative comments on the market outlook following the quarter’s turbulent geopolitical situation.