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Nordisk Bergteknik AB Class B ( ($SE:NORB.B) ) has issued an announcement.
Nordisk Bergteknik AB reported a 10% increase in net sales for the first quarter of 2025, reaching SEK 827.5 million, with an organic growth rate of 11%. Despite a slight decline in operating profit and EBIT margin, the company secured its largest order to date, valued at approximately SEK 500 million, as a strategic subcontractor for the Swedish Transport Administration’s double-track expansion. Additionally, they received a SEK 170 million contract for concrete renovation from the Norwegian Ministry of Defense, indicating strong future prospects.
More about Nordisk Bergteknik AB Class B
Nordisk Bergteknik AB operates in the construction industry, focusing on infrastructure projects. The company specializes in providing strategic subcontracting services and has a significant market presence in Sweden and Norway.
Average Trading Volume: 69,321
Current Market Cap: SEK623.9M
Learn more about NORB.B stock on TipRanks’ Stock Analysis page.
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