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Instalco Secures Major Contract for University of Gothenburg Project

Story Highlights
  • Instalco’s Elektro-Centralen AB wins a SEK 190 million contract for installations at University of Gothenburg.
  • The project emphasizes sustainability and aims for high environmental certifications, completing by 2028.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Instalco Secures Major Contract for University of Gothenburg Project

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An update from Instalco AB ( (SE:INSTAL) ) is now available.

Instalco’s subsidiary, Elektro-Centralen AB, has been awarded a significant contract for electrical and telecom installations at the University of Gothenburg’s Artistic Faculty. The project, valued at approximately SEK 190 million, involves collaboration with Akademiska Hus and Skanska and focuses on sustainability and reuse. The construction aims to consolidate all art education at the university into one location, with the new buildings targeting high environmental certifications. The project is expected to be completed by 2028, potentially enhancing Instalco’s reputation in sustainable construction.

The most recent analyst rating on (SE:INSTAL) stock is a Hold with a SEK27.00 price target. To see the full list of analyst forecasts on Instalco AB stock, see the SE:INSTAL Stock Forecast page.

More about Instalco AB

Instalco is a leading installation company in Northern Europe, specializing in electrical, heating & plumbing, ventilation, industrial solutions, and technical consulting. The company offers system design, installation, and service & maintenance of buildings and facilities across Sweden, Norway, Finland, and Germany. It operates through over 150 subsidiaries and is listed on Nasdaq Stockholm under the ticker INSTAL.

Average Trading Volume: 470,525

Technical Sentiment Signal: Sell

Current Market Cap: SEK6.91B

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

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