tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

NCC Secures Major Asphalt Contract for Norwegian Highway Project

Story Highlights
NCC Secures Major Asphalt Contract for Norwegian Highway Project

Elevate Your Investing Strategy:

NCC AB ( ($SE:NCC.B) ) has issued an announcement.

NCC has secured a contract to supply 200,000 tons of asphalt for the E6 Berkåk-Vindåsliene road project in Norway’s Trøndelag region. This project, commissioned by JV Skanska Syltern, involves paving a 15-kilometer highway to enhance traffic flow and safety. The contract is expected to maintain high activity levels in NCC’s asphalt operations in the region until 2027, reflecting strong collaboration with the client and a commitment to quality and efficiency.

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. The company is involved 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: 266,007

Current Market Cap: SEK15.77B

For a thorough assessment of NCC.B stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1