Veidekke Secures Major Contract for NTNU Institute Construction

Veidekke ASA ( (GB:0GF6) ) has issued an update.

Veidekke ASA has secured a NOK 680 million contract with Statsbygg to construct the new Institute of Materials Science and Engineering at NTNU in Trondheim. The project, which emphasizes sustainability and modern infrastructure, is set to begin construction soon and is scheduled for completion by December 2027, marking a significant addition to Veidekke’s order book for Q2.

The most recent analyst rating on (GB:0GF6) stock is a Hold with a NOK115.00 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, involved in building, civil engineering, road maintenance, and the production of asphalt and aggregates. The company emphasizes stakeholder involvement and local experience, boasting an annual turnover of approximately NOK 41 billion. Veidekke is publicly traded on the Oslo Stock Exchange and has maintained profitability since its founding in 1936.

Average Trading Volume: 96,484

Current Market Cap: NOK20.16B

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