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An update from Nordisk Bergteknik AB Class B ( ($SE:NORB.B) ) is now available.
Nordisk Bergteknik AB, a specialist in rock engineering and mining-related services, delivers drilling, blasting, reinforcement and core drilling solutions to infrastructure and mining customers in the Nordic market. Its operations are closely tied to large industrial and mining projects, where demand for advanced rock handling and ground stabilisation underpins its service offering and growth potential.
In the first quarter of 2026, Nordisk Bergteknik reported a 2% decline in net sales to SEK 810.8 million, while improving profitability with EBIT rising to SEK 25.5 million and the adjusted EBIT margin strengthening to 3.5%. Despite slightly negative organic growth and weak operating cash flow, the company’s leverage remained stable, and it secured a SEK 60 million rock handling contract for a new beneficiation plant as well as multi‑year drilling and Rock on Ground agreements linked to mining exploration and a mine restart, bolstering its order book and supporting future capacity utilisation.
These new contracts, which span core drilling, RC drilling and comprehensive rock services, extend as far as 2030 and correspond to the deployment of multiple drilling rigs across several mining sites. The wins reinforce Nordisk Bergteknik’s positioning as a key technical partner to the mining sector and are likely to mitigate recent revenue softness by providing more predictable volumes and strengthening long-term relationships with major contractors and mining operators.
The most recent analyst rating on ($SE:NORB.B) stock is a Buy with a SEK17.00 price target. To see the full list of analyst forecasts on Nordisk Bergteknik AB Class B stock, see the SE:NORB.B Stock Forecast page.
More about Nordisk Bergteknik AB Class B
Nordisk Bergteknik AB operates in the rock engineering and mining services industry, providing drilling, blasting, reinforcement, ground stabilisation and core drilling services. The company focuses on infrastructure and mining projects, supporting both exploration and production activities, including large-scale beneficiation plants and open-pit mines in the Nordic region.
Average Trading Volume: 24,509
Technical Sentiment Signal: Sell
Current Market Cap: SEK658.2M
For detailed information about NORB.B stock, go to TipRanks’ Stock Analysis page.