Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Veidekke ASA ( (GB:0GF6) ) has provided an announcement.
Veidekke has been awarded a turnkey contract by Posten Bring Norge to construct an environmentally certified logistics center in Lyseparken, Bjørnafjorden municipality, valued at nearly 280 million kroner. The new 22,000 m2 facility will significantly increase package handling capacity, tripling the current capacity of existing terminals in Minde and Jekteviken, and is set to be completed by March 2027. This project reinforces Veidekke’s position in the logistics construction sector and highlights its ongoing relationship with Posten Bring, emphasizing the importance of climate and environmental considerations in their operations.
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 work, 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 and half of its 8,000 employees owning shares. Veidekke is listed on the Oslo Stock Exchange and has been profitable since its inception in 1936.
YTD Price Performance: 20.68%
Average Trading Volume: 61,401
Current Market Cap: NOK21.86B
For detailed information about 0GF6 stock, go to TipRanks’ Stock Analysis page.