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NCC Wins SEK 700 Million Contract for New Östersund Waterworks

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NCC Wins SEK 700 Million Contract for New Östersund Waterworks

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The latest announcement is out from NCC AB ( ($SE:NCC.B) ).

NCC has secured a partnering contract worth about SEK 700 million from Östersund Municipality to build a new Minnesgärde waterworks, adjacent to the existing facility, with construction starting immediately and completion expected in 2029. The project reinforces NCC’s position in specialized water infrastructure, drawing on its long-standing expertise in water treatment and collaborative project delivery, and will be recorded as an order in the Infrastructure business area in the second quarter of 2026, in addition to approximately SEK 500 million previously registered for design and preliminary works.

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 AB is one of the leading construction companies in the Nordic region, with operations spanning building and infrastructure contracting, asphalt and stone materials production, and commercial property development. The company leverages its expertise in complex construction processes to serve both public and private customers, generating SEK 56 billion in sales in 2025 and employing about 11,500 people, with its shares listed on Nasdaq Stockholm.

Average Trading Volume: 207,517

Technical Sentiment Signal: Buy

Current Market Cap: SEK17.59B

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

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