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Sweco AB ( ($SE:SWEC.B) ) has issued an announcement.
Sweco has secured a framework agreement with Sporveien, Norway’s largest public transport provider, to deliver technical and engineering services in rail, construction, and infrastructure. The agreement, valued at NOK 350–500 million, spans two years with potential extensions, and involves projects awarded through mini-competitions among six suppliers. This partnership enhances Sweco’s role in developing Oslo’s public transport infrastructure, providing essential expertise in engineering design and capacity, crucial for future infrastructure projects.
The most recent analyst rating on ($SE:SWEC.B) stock is a Hold with a SEK183.00 price target. To see the full list of analyst forecasts on Sweco AB stock, see the SE:SWEC.B Stock Forecast page.
More about Sweco AB
Sweco is a leading European consultancy specializing in transportation, architecture, and engineering services. With a workforce of 23,000 experts, the company focuses on sustainable community planning and design, facilitating green transitions and digitalization. Sweco is listed on Nasdaq Stockholm and reported sales of approximately SEK 31 billion in 2024.
Average Trading Volume: 234,073
Technical Sentiment Signal: Buy
Current Market Cap: SEK57.54B
Find detailed analytics on SWEC.B stock on TipRanks’ Stock Analysis page.