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Veidekke ASA ( (GB:0GF6) ) has issued an update.
Veidekke has secured a NOK 261 million design-and-build contract from Porsgrunn municipality to construct an environmentally certified extension to the Mule nursing home and a new emergency clinic serving the municipalities of Porsgrunn and Bamble. The 7,650 m2 facility, to be built over four floors and a basement and connected to the existing nursing home, will provide 64 new resident rooms and will be certified to BREEAM-NOR ‘Very Good’ standards, underscoring the contractor’s focus on sustainable public-sector healthcare infrastructure. Local Veidekke workers and apprentices will carry out the concrete and carpentry works, supporting regional employment and skills development, with construction slated to start in the first quarter of 2026 and complete in the third quarter of 2027; the contract will be booked in the company’s order backlog for the fourth quarter of 2026, reinforcing its portfolio of public healthcare projects and its position in the Norwegian construction market.
The most recent analyst rating on (GB:0GF6) stock is a Hold with a NOK166.00 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, delivering a broad range of building and construction projects, road maintenance, and the production of asphalt, crushed stone and gravel. The Oslo-listed company generates around NOK 41 billion in annual turnover, is distinguished by significant employee ownership, and has maintained profitability every year since its founding in 1936.
Average Trading Volume: 54,500
Current Market Cap: NOK23.35B
For an in-depth examination of 0GF6 stock, go to TipRanks’ Overview page.