Coor Wins Four-Year Extension of Major Facility Management Contract with Equinor

Coor Service Management Holding AB ( (SE:COOR) ) has provided an update.

Coor has secured a four-year extension of its facility management contract with energy company Equinor, covering services at the group’s production sites from 1 November 2026. The agreement has an annual value of about SEK 365 million, excluding variable volumes, and involves around 550 Coor employees delivering and developing services such as cleaning, restaurants, janitorial and internal services, camps and operational HSEQ.

Management highlighted that Equinor’s decision to renew the agreement underscores Coor’s strong position in Norway and the Nordic facility management market. The extension reinforces Coor’s role as a key integrated facility management partner to large industrial clients, supporting revenue visibility and underlining the strategic importance of long-term contracts in its growth and positioning in the region.

The most recent analyst rating on (SE:COOR) stock is a Hold with a SEK61.00 price target. To see the full list of analyst forecasts on Coor Service Management Holding AB stock, see the SE:COOR Stock Forecast page.

More about Coor Service Management Holding AB

Coor Service Management Holding AB is a leading Nordic provider of facility management services, focused on creating efficient, healthy and productive workplace environments. The company offers workplace, property and strategic advisory services to a broad customer base of private and public organisations, including major corporations and agencies across Sweden, Norway, Denmark and the wider region.

Average Trading Volume: 363,513

Technical Sentiment Signal: Buy

Current Market Cap: SEK5.68B

For detailed information about COOR stock, go to TipRanks’ Stock Analysis page.