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An announcement from AF Gruppen ASA ( (AGRUF) ) is now available.
Betonmast, a subsidiary of AF Gruppen, has entered a collaborative contract with Skrivergården AS to develop 64 new rental apartments and refurbish 24 existing ones in Larvik municipality. This NOK 250 million project, set to begin construction in August 2026 and complete by September 2028, underscores Betonmast’s strategic focus on expanding its presence in southern Vestfold and addressing the rising demand for rental housing in the area.
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 prominent company in the construction industry, with Betonmast as one of its subsidiaries. Betonmast focuses on residential and commercial construction projects, particularly in the southern Vestfold region of Norway.
Average Trading Volume: 39,237
Current Market Cap: NOK19.77B
Learn more about AGRUF stock on TipRanks’ Stock Analysis page.