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Veidekke ASA ( (GB:0GF6) ) has issued an update.
Veidekke has secured a NOK 133 million contract to construct the next phase of the Odden residential project in Hinna Park, Stavanger. This phase involves building a 13-storey residential building with 39 apartments, a parking facility, and outdoor areas, continuing their collaboration with Odden 1 AS. The project, which began in May 2022, highlights Veidekke’s ongoing commitment to leveraging synergies in field development, with construction starting in October and completion expected in the second half of 2027.
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 building and civil engineering projects, road maintenance, and the production of asphalt and aggregates. The company emphasizes stakeholder involvement and local expertise, with an annual turnover of approximately NOK 41 billion. Veidekke is listed on the Oslo Stock Exchange and has consistently posted profits since its founding in 1936.
Average Trading Volume: 62,792
Current Market Cap: NOK21.46B
Find detailed analytics on 0GF6 stock on TipRanks’ Stock Analysis page.