Eltel

* Q3e sales +6%, with 5% organic growth * Raised EBITA driven by new contracts * Share trading at 15x '26e EV/EBITA, goes to 9x in '28e Q3 expectations Eltel has had an active few months, securing the Telenor agreement, signing the previously awarded...

Based on the update published by Renewables Finland at the end of August 2026, a few new onshore wind power projects have been launched in Finland over the past year.

We estimate that data center construction is partly filling the gap left in the construction market by the decline in residential construction in recent years.