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An update from Veidekke ASA ( (GB:0GF6) ) is now available.
Veidekke ASA has secured new loan agreements with DNB and Nordea, replacing expiring contracts, with a focus on integrating sustainability into its financial operations. The new agreements include a NOK 2.0 billion credit facility with DNB and a NOK 1.0 billion revolving credit facility with Nordea, both of which will be linked to a forthcoming sustainability framework aimed at reducing greenhouse gas emissions and injury frequency. This strategic move reflects Veidekke’s commitment to sustainable operations and positions it to enhance its financial stability and market competitiveness.
More about Veidekke ASA
Veidekke ASA is one of Scandinavia’s largest contractors, specializing in building and civil engineering assignments, road maintenance, and the production of asphalt and aggregates. The company emphasizes stakeholder involvement and local expertise. It boasts an annual turnover of approximately NOK 43 billion, with half of its 8,000 employees owning shares. Veidekke is listed on the Oslo Stock Exchange and has posted a profit every year since its inception in 1936.
YTD Price Performance: 2.58%
Average Trading Volume: 1,666
Technical Sentiment Consensus Rating: Sell
Current Market Cap: NOK19.73B
See more insights into 0GF6 stock on TipRanks’ Stock Analysis page.
