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Veidekke ASA ( (GB:0GF6) ) has provided an update.
Veidekke has been contracted to renovate the Zoologen building in Gothenburg for Akademiska Hus, with a total project scope of approximately NOK 315 million. The renovation will transform the building into a modern facility with laboratory and office spaces, emphasizing sustainability and reuse. The project will contribute to the life science cluster in the area, enhancing opportunities for research and education. The first stage of the project is valued at NOK 112 million and is already included in the order reserve for the second quarter of 2025, while the remaining NOK 200 million is set for the third quarter of 2025.
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 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 and half of its 8,000 employees owning shares. Veidekke is listed on the Oslo Stock Exchange and has maintained profitability since its founding in 1936.
YTD Price Performance: 16.95%
Average Trading Volume: 61,127
Current Market Cap: NOK21.19B
Learn more about 0GF6 stock on TipRanks’ Stock Analysis page.