S&P 500 5,235.18 +1.02%EUR/USD 1.0840 +0.21%GBP/USD 1.2710 +0.14%USD/JPY 149.50 −0.18%BRENT $82.40 −0.81%BTC $67,800 −0.21%GOLD $2,341 +0.55%NASDAQ 16,420.55 +0.74%S&P 500 5,235.18 +1.02%EUR/USD 1.0840 +0.21%GBP/USD 1.2710 +0.14%USD/JPY 149.50 −0.18%BRENT $82.40 −0.81%BTC $67,800 −0.21%GOLD $2,341 +0.55%NASDAQ 16,420.55 +0.74%
A daily business newspaper · Founded in 2026

Money Talk

Finance and markets: business, quotes, gold, energy and releases.

Ellevio Reports Profit Growth Amid Swedish Grid Expansion

Stockholm-based energy provider Ellevio AB saw its operating profit climb to SEK 1,964 million during the first half of 2026, up from SEK 1,783 million in the same period last year, as the company ramped up infrastructure spending to support Sweden’s ongoing industrial electrification efforts.

Ellevio Reports Profit Growth Amid Swedish Grid Expansion
Photo: Bio & News

Net sales for the six-month period reached SEK 4,948 million, reflecting a steady increase from the SEK 4,563 million recorded in the first half of 2025. The company distributed a total of 13.8 TWh of electricity, marking a rise from the 12.3 TWh delivered previously. This uptick in activity aligns with Ellevio’s broader strategy to modernize its network and facilitate the transition toward a low-carbon economy.

Despite the growth in revenue and operating profit, free cash flow tightened to SEK 534 million, compared to SEK 811 million in the prior year. This shift follows a period of heavy capital investment, with expenditure reaching SEK 2,599 million, up from SEK 2,400 million in 2025. Ellevio, which serves nearly one million customers, continues to focus on major energy system upgrades as part of its mandate to provide reliable power for transport and industrial sectors across Sweden.

Share article
TelegramXFacebook

When reusing this material a link to Money Talk is required.

Comments (0)

Leave a comment

No comments yet. Be the first!