Netel Holding AB

Netel Holding AB

2.75
SEK
-0.20
(-6.78%)
-1.83EPS
157.66MMarket Cap
Oct 28Next Earn
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
40.03
39.86
39.5
68.04
65.81
65.72
66.25
60.09
59.51
Basic EPS, GAAP
-0.01
0.42
1.03
1.86
2.58
0.91
-0.97
-2.41
-1.88
Free Cash Flow per Basic Share
1.57
2.64
2.72
2.56
-1.89
4.6
0.29
-1.46
-1.3
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
11.58
12.03
12.95
19.53
22.94
23.38
22.59
20.04
19.21
Tangible Book Value per Share
-5.56
-4.89
-3.62
-1.95
-5.66
-6.25
-7.17
-9.34
-10.31
Basic Weighted Avg Shares
47
47
47
36
48
48
49
49
49
Sales/Revenue/Turnover
1,870
1,861
1,845
2,418
3,141
3,186
3,214
2,915
2,887
Operating Margin (%)
0.99
2.94
6.4
5.25
5.6
5.18
4.88
-0.45
0.38
Depreciation Expense
45
58
39
44
65
76
72
82
84
Net Income, GAAP
-1
20
48
66
123
44
-47
-117
-91
Effective Tax Rate (%)
- -
35.14
26.87
34
23.6
18.63
20.99
- -
- -
Profit Margin (%)
-0.04
1.06
2.6
2.73
3.92
1.38
-1.46
-4.01
-3.15
Working Capital
223
186
170
418
803
590
506
353
-562
LT Debt
435
429
312
554
1,037
1,003
958
965
104
Total Equity
541
562
605
912
1,106
1,134
1,096
972
932
Return on Invested Capital (%)
- -
3.17
8.31
6.57
7.18
6.03
5.76
- -
- -
Return on Capital (%)
- -
3.5
6.32
6.71
7.77
4.46
0.2
- -
- -
Return on Common Equity (%)
- -
3.58
8.23
8.7
12.19
3.93
-4.22
-11.32
-9.05

Capital Structure

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
154
199
1,092
LT Borrowings
884
- -
- -
LT Finance Leases
81
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
49
49
49
Market Capitalization
208
194
158

Working Capital

SEK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,100
1,018
1,052
Cash, Cash Equivalents & STI
205
183
137
Accounts Receivable, Net
478
829
907
Inventories
5
6
8
Total Current Liabilities
747
665
1,614
Payables & Accruals
- -
- -
- -
ST Debt
154
199
1,092
Deferred Revenue
- -
- -
- -

Growth Rates

SEK

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
11.98%
-11.31%
Free Cash Flow
- -
-255.18%
-607.14%
Net Income, GAAP
- -
0.35%
148.94%
Sales/Revenue/Turnover
- -
10.79%
-9.3%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
676
854
796
949
3,214
2025
676
775
- -
812
2,915
2026
575
725
- -
- -
- -

Quarterly Earnings Per Share

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.16
0.23
0.19
-1.2
-0.97
2025
-0.16
0.52
- -
-1.38
-2.41
2026
-0.37
-0.64
- -
- -
- -

Quarterly Dividends Per Share

SEK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Jeanette Reuterskiöld
Full Time Employees
807
Sector
Industrial services
Industry
Engineering & construction
Address
Fågelviksvägen 9 Stockholm AB Sweden 145 84
IPO Date
Oct 15, 2021
Website
netel.se
Business
Netel Holding AB (publ) (NETEL.ST) is a Sweden-based contracting company that specializes in the development, construction, and maintenance of critical infrastructure networks across Infraservices, Power, and Telecom segments. The company provides comprehensive services including project management, design, planning, construction, expansion, modernization, and maintenance of physical telecommunications and broadband networks, electricity distribution networks, district heating infrastructure, water and sewage systems, and associated civil engineering works; in Power, it delivers design, planning, construction, and maintenance for electricity distribution in Sweden and Norway; in Telecom, it offers fibre rollout, mobile network services, and maintenance across its markets; and in Infraservices, it handles infrastructure upgrades for heating, water, and sewage primarily in Sweden. Netel serves telecommunications operators, network owners, power producers, municipalities, property owners, construction companies, and housing associations. Operations span Sweden, Norway, the United Kingdom, and Germany, with customers primarily in Northern Europe; the company was founded in 2000 and is headquartered in Stockholm, Sweden. In recent developments, Netel completed the divestment of its Finnish operations to private investors in November 2025 to sharpen focus on core markets in Sweden and Norway as well as growth areas in Germany and the UK; initiated a review and divestment process for its UK operations in October 2025 alongside consolidation of subsidiaries, cost-saving programs targeting MSEK 40-50 annually, and organizational streamlining including staff reductions and process improvements; signed new framework agreements such as with E.ON and Vattenfall in Sweden, Elvia in Norway for power station upgrades and emergency services, Ellevio for distribution station reconstruction, and Telia for expanded broadband services; and reported net sales of MSEK 3,284 for 2024 with approximately 800 employees.