Financial Information
Growth through local entrepreneurship and decentralised accountability for results, as well as the ability to acquire and integrate companies.
Our key figures
Through its subsidiaries, Eleda currently generates SEK 15 billion in revenue. In 2022, we experienced a growth of 27%, resulting in increased operating profit. Our operations are organised into four different sectors, with Electricity Distribution & Production being the largest, representing 35% of revenue, Data & Logistics Centres accounting for 27%. Transportation represents 21% of revenue, while Underground Infrastructure accounts for 17%. Learn more about our sectors.
We have 3,000 employees and maintain profitability and positive cash flow in all units. We are present in all Nordic countries and carry out 2,000 projects per year within the group. Eleda is proud to be a local company with the resources of a large corporation. Our success is driven by entrepreneurship, decentralised decision-making, deep local knowledge, and long-term customer relationships.
Our way of working based on our Eleda model with a focus on decentralisation and entrepreneurship, alongside our culture built on commitment and community – ‘drive our business forward and contribute to our strong financial performance’.
Jens Lööw, CFO at Eleda
Our market
Eleda has broad geographical coverage within construction work and infrastructure. The group has nationwide coverage in electricity power supply and fibber networks. With a high proportion of recurring small- to medium-sized projects, we have a stable business model.
Together with long-standing customer relationships or contracts from the public sector, as well as satisfied customers, we secure growing recurring business at volume.
Eleda is expected to grow steadily and faster than its underlying market peers and industry, which is positively influenced by factors such as aging infrastructure, urban growth, increased digitisation, and ambitious sustainability goals.
Even during weaker economic conditions, Eleda has good opportunities to operate successfully due to a high proportion of revenue being driven from public customers and activities. In all sectors where we operate, we can expect strong future growth, driven by major general infrastructure updates and the transition to new climate-smart solutions.
Our acquisition strategy
Eleda aims to grow both organically and through strategic acquisitions and opportunities. Our acquisitions consist of smaller companies in regions where Eleda is already present, which will then be integrated into the existing regional structure. We also acquire larger sized companies that retain their organisational structures to form a new region.
Our long-term goal is to be the leading player in construction and contracting services in the Nordic market.