Veidekke ASA ( (GB:0GF6) ) has shared an update.
Veidekke has secured a contract valued at NOK 190 million to construct the first phase of the Eikeparken project in Stavanger, consisting of 66 apartments, common areas, and parking facilities. The project reflects a positive market trend for Veidekke following a recent slowdown, with the development expected to be ready for occupancy in 2027, bolstering the company’s project portfolio and enhancing its reputation in residential construction.
More about Veidekke ASA
Veidekke is one of Scandinavia’s largest contractors, engaged in building and civil engineering projects, road maintenance, and the production of asphalt and aggregates. The company emphasizes stakeholder involvement and local experience, with significant employee ownership. Veidekke is listed on the Oslo Stock Exchange and has maintained profitability since its establishment in 1936.
YTD Price Performance: 1.97%
Average Trading Volume: 1,760
Technical Sentiment Consensus Rating: Sell
Current Market Cap: NOK19.46B
Learn more about 0GF6 stock on TipRanks’ Stock Analysis page.