EXEL COMPOSITES PLC | INSIDE INFORMATION | 17 DECEMBER 2025 AT 9:00 AM EET
Exel Composites Plc and Tratos sign a four-year frame agreement for composite
conductor cores with a EUR 22 million minimum volume commitment
Exel Composites has signed a frame agreement with Tratos for the supply of
composite conductor cores for the period 2026-2029. The agreement includes a
minimum volume commitment of at least EUR 22 million to Exel for deliveries
through 2029. In accordance with the terms of the agreement, the company will
record the volume commitment in its order intake during the fourth quarter of
2025.
“Tratos is a leading player in advanced cabling solutions, and we are pleased to
build on and further expand our cooperation in composite conductor cores,” says
Paul Sohlberg, President and CEO of Exel Composites. “Grid investment needs are
growing, and composite core conductors are a good fit with our strategy to grow
in energy transition applications through continuous manufacturing and reliable
quality.”
“Working with Exel Composites helps us secure composite cores for our conductor
programs through 2029,” says Albano Bragagni, President of Tratos. “This
supports our customers' planning for grid upgrades by enabling higher capacity
and improved transmission efficiency - often without changing the line route or
the supporting structures.”
Composite conductor cores are the central load-bearing element of an overhead
transmission conductor and are a growing application for carbon fiber
composites. Compared with steel-reinforced designs, a carbon fiber composite
core combines high tensile strength with low linear expansion, supporting high
-temperature, low-sag operation and helping operators increase capacity on
existing lines using existing towers in many cases. Carbon fiber composite
designs also offer corrosion resistance and non-magnetic characteristics.
Tratos offers overhead conductors that utilize multistrand carbon fiber
composite core technology. Under the agreement, Tratos will integrate Exel's
composite solution into its conductor offering. Exel will manufacture the cores
using continuous pultrusion and quality-controlled processes that deliver
consistent mechanical performance. The orders will be fulfilled from Exel's
global manufacturing network according to project schedules agreed with Tratos.
More information
Lauri Haavisto, Investor Relations Director
investor@exelcomposites.com
+358 20 754 1214
About Exel Composites
Exel Composites is one of the largest manufacturers of composite profiles and
tubes made with pultrusion and pullwinding technologies and a pultrusion
technology forerunner in the global composite market. Our forward-thinking
composite solutions made with continuous manufacturing technologies serve
customers in a wide range of industries around the world.
You can find our products used in applications in diverse industrial sectors
such as wind power, transportation and building and infrastructure. Our R&D
expertise, collaborative approach and global footprint set us apart. Our
composite solutions help customers save resources, reduce products' weight,
improve performance and energy efficiency and decrease total lifetime costs.
Exel Composites is headquartered in Finland, employs over 600 professionals and
is listed on Nasdaq Helsinki. Learn more at www.exelcomposites.com
About Tratos Cavi Spa
TRATOS CAVI S.p.a., the acronym of TRAfilerie TOScane, was founded in 1966 by
Mr. Egidio Capaccini, an Engineer in Pieve Santo Stefano in the province of
Arezzo. Initially dedicated to drawing copper, the company now has an extended
product portfolio of electrical cables (up to 170KV), OHL conductors,
telecommunications cables, special cables with operations in Italy (3
locations), in Spain and the UK, with sales worldwide. Learn more at
www.tratosgroup.com