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NCC to Construct Climate-Resilient Rainwater Basin in Denmark

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NCC to Construct Climate-Resilient Rainwater Basin in Denmark

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

NCC has been commissioned to build an underground rainwater basin in Glostrup, Denmark, to protect the city from future flooding and enhance climate-adapted infrastructure. The SEK 160 million project, which includes road upgrades, is part of a broader climate adaptation strategy and is expected to be completed by the end of 2026.

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, infrastructure project contracting, asphalt and stone materials production, and commercial property development. With sales of SEK 62 billion in 2024 and 11,800 employees, NCC is listed on Nasdaq Stockholm.

Average Trading Volume: 213,479

Technical Sentiment Signal: Buy

Current Market Cap: SEK17.14B

For detailed information about NCC.B stock, go to TipRanks’ Stock Analysis page.

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