Eltel Q2'26: Strong order intake and continued margin improvement

Eltel reported its Q2 results today, with strong order intake and continued margin improvement. We sat down with CEO Håkan Dahlström to unpack what is driving the order momentum, how the profitability gains are holding up, and his read on the current market.

00:00 Intro

00:17 Unpacking the quarter

00:50 The impact of commodity prices

02:12 How indexation works

03:10 Customers investment activities

04:21 How to the company stays productive

05:54 The strong order intake

07:24 Scaling a big project

08:32 The communication business

09:43 The potential Vattenfall contract

11:26 The Vattenfall agreement and what Eltel did differently

13:45 The margin if the contract gets signed

14:22 Perception among customers

15:09 Potential future contracts

15:20 On leverage

16:27 Executing towards the target