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AF Gruppen Subsidiary Wins NOK 500 Million Contract for New Sunndal Health Centre

Story Highlights
  • AF Gruppen’s unit Betonmast Røsand will design and build Sunndal’s new NOK 500 million health centre.
  • Phased construction from 2026 to 2029 will keep the facility operating and strengthens AF Gruppen’s healthcare portfolio.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
AF Gruppen Subsidiary Wins NOK 500 Million Contract for New Sunndal Health Centre

Meet Samuel – Your Personal Investing Prophet

AF Gruppen ASA ( (AGRUF) ) just unveiled an update.

Betonmast Røsand, a subsidiary of AF Gruppen, has been awarded a turnkey contract worth about NOK 500 million by Sunndal Municipality to demolish the existing health centre and design and build the new Sunndal helsetun, comprising 80 institutional care units and 32 assisted-living homes. The project will be executed in two phases while the facility remains operational, with construction starting in early 2026 and phased completion scheduled between late 2027 and mid-2029, underscoring AF Gruppen’s strengthening role in modern healthcare infrastructure and securing a significant long-term order in the Norwegian municipal building market.

The most recent analyst rating on (AGRUF) stock is a Hold with a NOK196.00 price target. To see the full list of analyst forecasts on AF Gruppen ASA stock, see the AGRUF Stock Forecast page.

More about AF Gruppen ASA

AF Gruppen, through its subsidiary Betonmast Røsand, operates in the construction and civil engineering industry, delivering turnkey building projects with a particular focus on complex community infrastructure such as healthcare facilities. Betonmast leverages experience in similar institutional and residential developments to serve municipal and public-sector clients across Norway and the Nordic region.

Average Trading Volume: 73,526

Current Market Cap: NOK20.57B

For an in-depth examination of AGRUF stock, go to TipRanks’ Overview page.

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