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The latest announcement is out from NCC AB ( ($SE:NCC.B) ).
NCC AB has announced a partnership with Intea to construct a new correctional facility in Vä, near Kristianstad, for the Swedish Prison and Probation Service. The project, valued at approximately SEK 650 million, involves building a high-security facility with 200 spaces and various functional areas, leveraging NCC’s extensive experience in similar projects. The construction is set to begin in the third quarter of 2025 and complete in 2026, highlighting NCC’s commitment to delivering complex projects within tight timeframes.
The most recent analyst rating on ($SE:NCC.B) stock is a Buy with a SEK212.00 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 complex construction processes. The company engages 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 around 11,800 people. Its shares are listed on Nasdaq Stockholm.
Average Trading Volume: 186,372
Technical Sentiment Signal: Buy
Current Market Cap: SEK17.39B
See more data about NCC.B stock on TipRanks’ Stock Analysis page.