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Instalco Secures Major Electrical Installation Contract in Oslo

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Instalco Secures Major Electrical Installation Contract in Oslo

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Instalco AB ( (SE:INSTAL) ) has provided an announcement.

Instalco’s subsidiary, Lysteknikk AS, has secured a significant contract for electrical installations in two office buildings in Skøyen, Oslo, valued at approximately NOK 60 million. This project, in collaboration with Vedal Entreprenør and SpareBank 1 Forsikring Eiendom, is part of a broader renovation effort in one of Oslo’s largest office districts, aiming for high environmental standards with BREEAM-NOR certification.

The most recent analyst rating on (SE:INSTAL) stock is a Hold with a SEK28.00 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. They provide system design, installation, and maintenance services across Sweden, Norway, Finland, and Germany through over 150 subsidiaries. The company is listed on Nasdaq Stockholm under the ticker INSTAL.

Average Trading Volume: 554,777

Technical Sentiment Signal: Sell

Current Market Cap: SEK7B

See more data about INSTAL stock on TipRanks’ Stock Analysis page.

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