Veidekke ASA (GB:0GF6) has released an update.
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Veidekke ASA reported a turnover of NOK 9.7 billion and a profit before tax of NOK 616 million in Q3 2024, with a strong order backlog of NOK 41 billion. The company experienced stable activity in its Building Norway division and noted significant progress in Infrastructure Norway, alongside new contracts in Sweden. Despite a slight decline in turnover compared to last year, the profit margin improved to 6.4%, reflecting robust performance in infrastructure and Danish operations.
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