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Veidekke ASA ( (GB:0GF6) ) just unveiled an announcement.
Veidekke has secured a design-and-build contract worth nearly NOK 370 million (excluding VAT) from Selvaag Bolig to construct 122 apartments, a parking facility and commercial premises in Skårer Park, marking the final major construction phase in the Skårerbyen development in Lørenskog. The project comprises four- to eight-storey buildings arranged in a horseshoe around a landscaped communal courtyard, with apartments ranging from 35 to 122 square metres, ground-floor commercial space, basement parking and storage, and access to shared neighbourhood facilities and rooftop common areas. Construction is already under way, buoyed by strong residential sales in this final phase, with handover scheduled between the second half of 2027 and the first half of 2028, and the contract set to be added to Veidekke’s order book in the fourth quarter of 2025, reinforcing its project pipeline in the Norwegian residential 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 ASA is one of Scandinavia’s largest contractors, carrying out a broad range of building and civil engineering projects while also maintaining roads and producing asphalt and aggregates. The Oslo Stock Exchange-listed company generates annual revenue of about NOK 41 billion, emphasises stakeholder involvement and local experience, and has a widely held employee ownership structure, with around half of its 8,000 staff owning shares.
Average Trading Volume: 52,019
Current Market Cap: NOK24.45B
See more insights into 0GF6 stock on TipRanks’ Stock Analysis page.