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NCC AB ( ($SE:NCC.B) ) just unveiled an update.
NCC has secured a contract worth about SEK 650 million from mining company LKAB to execute initial groundworks, foundation engineering and extensive concreting for a new sorting plant in Vitåfors, Gällivare, adjacent to the existing facility. The project, managed by the NCC Green Industry Transformation business area, reinforces NCC’s role in industrial infrastructure and is set to begin in the second quarter of 2026, with completion expected by the end of 2027 and an option for NCC to take on remaining plant construction ahead of commissioning in 2028.
The most recent analyst rating on ($SE:NCC.B) stock is a Hold with a SEK203.00 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, with operations spanning building and infrastructure contracting, asphalt and stone materials production, and commercial property development. Leveraging expertise in complex construction processes, the group focuses on projects that support societal development, generating about SEK 56 billion in sales in 2025 with 11,500 employees and a listing on Nasdaq Stockholm.
Average Trading Volume: 207,517
Technical Sentiment Signal: Buy
Current Market Cap: SEK17.59B
For a thorough assessment of NCC.B stock, go to TipRanks’ Stock Analysis page.