Eltel revenues fall 1.8% to EUR 856.4 mln in 2010

Monday 2 May 2011 | 09:25 CET | News
Network design company Eltel Group's sales fell 1.8 percent to EUR 856.4 million in 2010 from the year before. The second half of 2010 showed a recovery of 6 percent increase in sales from the same period in 2009. Eltel Group reported a 5 percent operative EBITA of EUR 43.1 million, despite slow market demand in the first half year. During the year, Eltel won contracts in its electricity and telecommunication sectors. In railway infrastructure, Eltel signed five-year contracts in Sweden and Denmark.

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Categories: Fixed
Companies: Eltel Group
Countries: World
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