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Veidekke ASA ( (GB:0GF6) ) has shared an announcement.
Veidekke ASA reported a strong financial performance in the second quarter of 2025, with a turnover of NOK 11.3 billion and a profit before tax of NOK 538 million, marking an increase from the previous year. The company saw significant growth in its order intake, particularly in its Norwegian construction business, leading to an order backlog of NOK 49.2 billion. This growth is attributed to increased activity and better capacity utilization, especially in Building Norway and Infrastructure Sweden, and the acquisition of Euromining. The company’s financial health is further reflected in improved cash flow and a stable profit margin.
The most recent analyst rating on (GB:0GF6) stock is a Hold with a NOK125.00 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 are shareholders, and it has been consistently profitable since its founding in 1936. Veidekke is listed on the Oslo Stock Exchange.
Average Trading Volume: 61,781
Current Market Cap: NOK22.89B
See more insights into 0GF6 stock on TipRanks’ Stock Analysis page.
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