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Laje AS Secures Major Lighting Maintenance Contract

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Laje AS Secures Major Lighting Maintenance Contract

Elop AS ( (DE:72G) ) has provided an announcement.

Laje AS, a subsidiary of ININ Group, has secured a contract from Lillestrøm kommune for maintaining and operating street and outdoor lighting across several municipalities. The contract, valued at NOK 87.4 million over four years, covers 26,000 lighting points and nearly 600 control cabinets, potentially enhancing ININ Group’s market presence in the Nordic infrastructure services sector.

More about Elop AS

ININ Group is a listed investment company focusing on infrastructure services niches in the Nordics. It seeks to create value through investments in profitable niches with development, consolidation, and growth potential, collaborating closely with platform companies to achieve sustainable growth and profitability.

YTD Price Performance: 17.54%

Average Trading Volume: 1,150

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €32.03M

See more insights into 72G stock on TipRanks’ Stock Analysis page.

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