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Veidekke ASA Achieves Record Quarterly Profit Amid Strong Infrastructure Performance

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Veidekke ASA Achieves Record Quarterly Profit Amid Strong Infrastructure Performance

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An announcement from Veidekke ASA ( (GB:0GF6) ) is now available.

Veidekke ASA reported a record quarterly profit before tax of NOK 721 million for the third quarter of 2025, driven by a 10% increase in turnover to NOK 10.7 billion and strong performance in Infrastructure Norway’s asphalt business. The company’s order backlog reached NOK 47.5 billion, indicating robust future revenue potential, although the H1 value for lost-time injuries increased to 5.0, highlighting a need for improved safety measures.

The most recent analyst rating on (GB:0GF6) stock is a Hold with a NOK173.00 price target. To see the full list of analyst forecasts on Veidekke ASA stock, see the GB:0GF6 Stock Forecast page.

More about Veidekke ASA

Veidekke is one of Scandinavia’s largest contractors, specializing in construction and civil engineering projects, road maintenance, and the production of asphalt, crushed stone, and gravel. The company is characterized by its involvement and local knowledge, with a turnover of approximately NOK 41 billion. Notably, half of its 8,000 employees own shares in the company, which is listed on the Oslo Stock Exchange and has been profitable since its founding in 1936.

Average Trading Volume: 56,737

Current Market Cap: NOK20.84B

See more insights into 0GF6 stock on TipRanks’ Stock Analysis page.

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