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NCC AB ( ($SE:NCC.B) ) has issued an update.
NCC AB has secured a contract to extend a production facility in the Stockholm region, valued at approximately SEK 400 million. The project, which involves expanding an existing building by 9,000 square meters, began preparatory work in autumn 2024 and is expected to be completed by summer 2026. This contract will be recorded in NCC’s Building Sweden business area in the second quarter of 2025, highlighting NCC’s ongoing growth and its strategic focus on enhancing infrastructure in the region.
The most recent analyst rating on ($SE:NCC.B) stock is a Buy with a SEK187.00 price target. To see the full list of analyst forecasts on NCC AB stock, see the SE:NCC.B Stock Forecast page.
More about NCC AB
NCC is a leading construction company in the Nordics, specializing in managing complex construction processes. It offers services in building and infrastructure project contracting, asphalt and stone materials production, and commercial property development. In 2024, NCC reported sales of approximately SEK 62 billion and employed 11,800 people. Its shares are listed on Nasdaq Stockholm.
Average Trading Volume: 245,912
Technical Sentiment Signal: Strong Buy
Current Market Cap: SEK16.49B
For detailed information about NCC.B stock, go to TipRanks’ Stock Analysis page.