Eltel "Profitable partner for future infrastructure"

Here are Christoffer Jennel’s comments regarding the Vattenfall contract :slight_smile:

Eltel announced on Monday a service and maintenance contract award from Vattenfall Eldistribution, valued at approximately EUR 138 million for the initial four-year contract period, which could rise to EUR 275 million including four option years. The contract represents new volume for Eltel, whose previous work with Vattenfall had focused on smart meter rollouts, and we believe it marks a significant expansion of this relationship. In our view, the agreement improves the visibility of our medium-term forecasts for the Swedish unit and creates upward pressure on our estimates, although we are awaiting the signing of the final contract before revising them.

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