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Veidekke ASA ( (GB:0GF6) ) has shared an announcement.
Veidekke’s latest market update signals a clear turnaround in the Scandinavian contractor market after three years of decline, driven by a strong rebound in building activity and supported by falling interest rates in Sweden, solid business conditions and stable household finances. The company forecasts total contractor production to grow seven percent through the end of next year, with six percent growth in 2026 slowing to one percent in 2027, and sees infrastructure remaining robust, though it warns that Middle East–related energy price volatility is adding uncertainty to construction costs and the timing of new projects across the region.
The most recent analyst rating on (GB:0GF6) stock is a Hold with a NOK194.00 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 ASA is one of Scandinavia’s largest construction contractors, operating across building and infrastructure projects, road maintenance and the production of asphalt, crushed stone and gravel. The Oslo Børs–listed company generates around NOK 43 billion in revenue, is known for its local engagement, and has a broad employee ownership structure, with about half of its 8,000 staff owning shares.
Average Trading Volume: 69,643
Current Market Cap: NOK26.21B
For a thorough assessment of 0GF6 stock, go to TipRanks’ Stock Analysis page.