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AF Gruppen ASA ( (AGRUF) ) has provided an announcement.
AF Gruppen has signed an implementation agreement with Statsbygg worth an estimated NOK 123 million, excluding VAT, to partially rehabilitate the historic Vikingship building at Bygdøy as part of the New Viking Age Museum project in Oslo. The contract covers about 4,500 square metres of interior rehabilitation to house the future museum’s main entrance, shop, teaching areas and offices, and will be executed as a collaborative project, with phase 2 scheduled to start in June 2026 and finish in the third quarter of 2027; potential options for roof and façade rehabilitation could increase the contract’s value, underscoring AF Gruppen’s growing role and specialized competence in preserving protected buildings within Norway’s cultural infrastructure.
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 ASA is a Norwegian construction and civil engineering company active in building, infrastructure and environmental projects, with particular expertise in complex rehabilitation and heritage-protected structures. The group often works in collaborative contracts with public clients, positioning itself as a key player in large societal and cultural-building projects in Norway.
YTD Price Performance: -1.91%
Average Trading Volume: 71,808
Current Market Cap: NOK20.3B
Learn more about AGRUF stock on TipRanks’ Stock Analysis page.