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NCC AB ( ($SE:NCC.B) ) has shared an update.
NCC has announced the commencement of the production phase for Svenska kraftnät’s new head office in Solna Business Park, Sweden, a project covering 52,000 square meters. The development, which emphasizes sustainability and aims for a BREEAM Excellent rating, is part of the Återhus research and innovation project and involves the recycling of existing building materials. The project is expected to be completed by the second quarter of 2028, with ownership transferring to KPA Pension upon completion.
The most recent analyst rating on ($SE:NCC.B) stock is a Buy with a SEK155.00 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 one of the leading construction companies in the Nordics, specializing in building and infrastructure project contracting, asphalt and stone materials production, and commercial property development. With a workforce of 11,800 employees and sales of approximately SEK 62 billion in 2024, NCC is listed on Nasdaq Stockholm and is known for its expertise in managing complex construction processes.
Average Trading Volume: 296,766
Current Market Cap: SEK15.43B
For a thorough assessment of NCC.B stock, go to TipRanks’ Stock Analysis page.