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Betonmast Secures NOK 165 Million Contract for Community Project in Færder

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Betonmast Secures NOK 165 Million Contract for Community Project in Færder

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AF Gruppen ASA ( (AGRUF) ) has issued an update.

Betonmast, a subsidiary of AF Gruppen, has been awarded a NOK 165 million contract by Færder Municipality to design and construct a new kindergarten and respite care facility on Nøtterøy. This project, which includes demolishing the existing kindergarten and developing outdoor areas, is set to begin construction in early 2026 and aims to provide a safe environment for children and adolescents, enhancing community 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 leading construction and civil engineering company, offering a wide range of services including building, civil engineering, and environmental projects. The company is known for its focus on sustainable development and innovation in the construction industry.

Average Trading Volume: 36,353

Current Market Cap: NOK19.93B

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

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