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 over SEK 20 billion in revenue. In 2024, we experienced an organical growth of 16%, and 28% in total growth. The operating profit reached 8%. Our operations are organised into four different segments, with Energy transition and Digitalisation & Urbanisation being the largest, representing 33% of revenue. Transportation represents 21% of revenue, while Water accounts for 13%. Learn more about our segments.
We have 3,500 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.