tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Veidekke ASA to Construct Sustainable Care Home Apartments in Sigtuna

Story Highlights
Veidekke ASA to Construct Sustainable Care Home Apartments in Sigtuna

TipRanks Cyber Monday Sale

The latest announcement is out from Veidekke ASA ( (GB:0GF6) ).

Veidekke ASA has secured a contract to build the Visthuset block in Sigtuna, Sweden, for Bonava, comprising 91 rental apartments designed to meet care home standards. This project, valued at SEK 217 million, aligns with Sigtuna’s sustainable urban development goals and strengthens Veidekke’s presence in the area. The construction will adhere to the Miljöbyggnad 4.0 standard level Silver, with a 20% lower climate impact than typical apartment buildings, reflecting Veidekke’s commitment to sustainability and collaboration with Bonava.

The most recent analyst rating on (GB:0GF6) stock is a Hold with a NOK166.00 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 maintained profitability since its founding in 1936.

YTD Price Performance: 27.23%

Average Trading Volume: 51,992

Current Market Cap: NOK23.05B

For an in-depth examination of 0GF6 stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1