An update from Endur ASA ( (DE:4ZT0) ) is now available.
Endúr ASA’s subsidiary, Artec Aqua AS, has secured a significant contract with Sævareid Fiskeanlegg AS for the construction of a large smolt production facility. The project, valued at over NOK 600 million, will utilize Artec Aqua’s hybrid flow-through technology and is expected to enhance Endúr’s market position in the aquaculture infrastructure sector. The construction phase is set to begin in Q2 2025, with completion anticipated by 2027, marking a substantial addition to Endúr’s project backlog.
More about Endur ASA
Endúr ASA is a leading supplier of construction and maintenance projects and services for marine infrastructure. This includes facilities for land-based aquaculture, quays, harbours, dams, bridges, and other specialized concrete and steel projects. The company, headquartered in Lysaker, Norway, also offers a wide range of other specialized project and marine services.
YTD Price Performance: 12.39%
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €288.9M
For detailed information about 4ZT0 stock, go to TipRanks’ Stock Analysis page.