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AF Gruppen’s Subsidiary Secures Major Construction Contract

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AF Gruppen’s Subsidiary Secures Major Construction Contract

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The latest update is out from AF Gruppen ASA ( (AGRUF) ).

Helgesen Tekniske Bygg AS, a subsidiary of AF Gruppen, has been awarded a NOK 158 million contract by Forsvarsbygg for a turnkey construction project at Porsangermoen camp in Finnmark. The project, involving multi-purpose halls for equipment and materials storage, is set to begin in autumn 2025 and complete by spring 2027, aligning with HTB’s expertise in building storage facilities.

The most recent analyst rating on (AGRUF) stock is a Hold with a NOK145.00 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 operates in the construction industry, providing a range of services including building construction, civil engineering, and environmental services. Helgesen Tekniske Bygg AS (HTB) is a subsidiary focused on constructing storage and commercial buildings.

YTD Price Performance: 4.82%

Average Trading Volume: 27,451

Current Market Cap: NOK16.45B

For a thorough assessment of AGRUF stock, go to TipRanks’ Stock Analysis page.

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