The latest update is out from Veidekke ASA ( (GB:0GF6) ).
Veidekke has secured a NOK 191 million contract to construct the new Skram primary school in Måløy for Kinn municipality. The project, designed for 250 students and 30 staff, emphasizes environmental standards with a 10% reduction in greenhouse gas emissions. The school will feature a gymnasium and outdoor areas, with construction starting in summer and completion by 2027. This contract enhances Veidekke’s order backlog for the first quarter, reflecting its strong market position and commitment to sustainable building practices.
More about Veidekke ASA
Veidekke is one of Scandinavia’s largest contractors, involved in building and civil engineering projects, road maintenance, and asphalt and aggregate production. The company emphasizes stakeholder involvement and local experience, with an annual turnover of approximately NOK 41 billion. Veidekke is listed on the Oslo Stock Exchange and has maintained profitability since its inception in 1936.
YTD Price Performance: 1.24%
Average Trading Volume: 2,004
Technical Sentiment Consensus Rating: Sell
Current Market Cap: NOK19.38B
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