View ValuationVeidekke 향후 성장Future 기준 점검 2/6Veidekke (는) 각각 연간 3.1% 및 4.2% 수익과 수익이 증가할 것으로 예상됩니다. EPS는 연간 4.2% 만큼 성장할 것으로 예상됩니다. 자기자본이익률은 3년 후 44.5% 로 예상됩니다.핵심 정보3.1%이익 성장률4.20%EPS 성장률Construction 이익 성장11.2%매출 성장률4.2%향후 자기자본이익률44.50%애널리스트 커버리지Low마지막 업데이트09 Jul 2026최근 향후 성장 업데이트공고 • Nov 10Veidekke ASA Provides Revenue Guidance for the Year 2023Veidekke ASA provided revenue guidance for the year 2023. For the year, the company expects revenue to increase.모든 업데이트 보기Recent updates공고 • Feb 12Veidekke ASA Proposes Dividend , Payable on May 20, 2026Veidekke ASA decided to propose payment of cash dividend of NOK 11.25 per share for the financial year 2025. The proposal will be considered at the annual general meeting on 6 May 2026. Dividend amount: 11.25 per share, Declared currency: Norwegian Krone, Last day including rights: 6 May 2026, Ex-date: 7 May 2026, Record date: 8 May 2026, Payment date: 20 May 2026, Date of approval: 6 May 2026.공고 • Sep 23Veidekke ASA, Annual General Meeting, May 06, 2026Veidekke ASA, Annual General Meeting, May 06, 2026.공고 • Sep 22+ 4 more updatesVeidekke ASA to Report Q3, 2026 Results on Nov 12, 2026Veidekke ASA announced that they will report Q3, 2026 results at 7:00 AM, Central European Standard Time on Nov 12, 2026공고 • Aug 23Veidekke ASA Announces Executive Changes, Effective January 1, 2026On 1 January 2026, Anders Haugen (41) will be appointed executive vice president of Veidekke Infrastructure Norway and will thus also become part of Veidekke's corporate management team. Haugen succeeds Øivind Larsen (61), who after eight years will take on a new role at Veidekke, focusing on large infrastructure projects. Anders Haugen joined Veidekke in 2008. He holds a Master of Science degree from NTNU (the Norwegian University of Science and Technology) and an MBA from NHH (the Norwegian School of Economics). Haugen joins from the position as manager for Veidekke's building operations in Oslo, a role he has held for over seven years. In 2024, he completed a General Management programme at Harvard Business School and has since been an active and important member of the team working on the new group strategy together with Veidekke's corporate management and board of directors. Anders Haugen will spend the remainder of the year getting to know the Infrastructure operations and the people behind them.공고 • May 08Veidekke ASA Approves Dividend in Respect of the 2024 Financial YearVeidekke ASA at its AGM held on 7 May 2025 approved a dividend of NOK 9.00 per share in respect of the 2024 financial year, distributable to the company's shareholders as at 7 May 2025.공고 • Feb 13Veidekke ASA Proposes Cash Dividend for the Financial Year 2024, Payable on 21 May 2025The board of directors of Veidekke ASA has 12 February 2025 decided to propose payment of cash dividend of NOK 9.00 per share for the financial year 2024. The proposal will be considered at the annual general meeting 7 May 2025. Ex-date: 8 May 2025. Record date: 9 May 2025. Payment date: 21 May 2025.공고 • Oct 25Veidekke Group Announces Management ChangesAfter five years heading Veidekke's Swedish construction business, Charlotta Nilsén is now leaving the position. Martin Gadd (48) who has worked in various parts of the Veidekke Group since 2012 will assume the position. He comes from a role as responsible for "Special Units" within Veidekke's Norwegian Infrastructure business. Martin takes up his new role and will at the same time become a member of Veidekke's corporate management.공고 • Sep 26Veidekke ASA, Annual General Meeting, May 07, 2025Veidekke ASA, Annual General Meeting, May 07, 2025.공고 • Sep 25+ 1 more updateVeidekke ASA to Report First Half, 2025 Results on Aug 14, 2025Veidekke ASA announced that they will report first half, 2025 results on Aug 14, 2025공고 • Sep 24+ 1 more updateVeidekke ASA to Report Q3, 2025 Results on Nov 06, 2025Veidekke ASA announced that they will report Q3, 2025 results on Nov 06, 2025Reported Earnings • Aug 16Second quarter 2024 earnings released: EPS: kr2.70 (vs kr2.00 in 2Q 2023)Second quarter 2024 results: EPS: kr2.70 (up from kr2.00 in 2Q 2023). Revenue: kr10.8b (down 3.4% from 2Q 2023). Net income: kr358.0m (up 30% from 2Q 2023). Profit margin: 3.3% (up from 2.5% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.Reported Earnings • May 09First quarter 2024 earnings released: EPS: kr0.10 (vs kr0.85 loss in 1Q 2023)First quarter 2024 results: EPS: kr0.10 (up from kr0.85 loss in 1Q 2023). Revenue: kr9.48b (flat on 1Q 2023). Net income: kr9.00m (up kr130.0m from 1Q 2023). Profit margin: 0.1% (up from net loss in 1Q 2023). Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Reported Earnings • Mar 27Full year 2023 earnings released: EPS: kr7.92 (vs kr8.09 in FY 2022)Full year 2023 results: EPS: kr7.92 (down from kr8.09 in FY 2022). Revenue: kr43.1b (up 12% from FY 2022). Net income: kr1.07b (down 2.1% from FY 2022). Profit margin: 2.5% (down from 2.8% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Mar 05Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €9.62, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Construction industry in Europe. Total loss to shareholders of 2.4% over the past three years.Declared Dividend • Feb 12Dividend of kr7.90 announcedShareholders will receive a dividend of kr7.90. Ex-date: 8th May 2024 Payment date: 22nd May 2024 Dividend yield will be 95%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is not adequately covered by earnings (97% earnings payout ratio). However, it is well covered by cash flows (46% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 8.0% to bring the payout ratio under control. EPS is expected to grow by 16% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.Reported Earnings • Feb 11Full year 2023 earnings released: EPS: kr7.90 (vs kr8.09 in FY 2022)Full year 2023 results: EPS: kr7.90 (down from kr8.09 in FY 2022). Revenue: kr43.1b (up 12% from FY 2022). Net income: kr1.07b (down 2.0% from FY 2022). Profit margin: 2.5% (down from 2.8% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.공고 • Feb 08Veidekke ASA Proposes Cash Dividend for the Financial Year 2023, Payable on 22 May 2024The board of directors of Veidekke ASA has 7 February 2024 decided to propose payment of cash dividend of NOK 7.90 per share for the financial year 2023. The proposal will be considered at the annual general meeting 7 May 2024. Ex-date is 8 May 2024, Record date is 10 May 2024 and Payment date is 22 May 2024.Board Change • Jan 16No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 8 non-independent directors. Director Pal Eitrheim was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Nov 21No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 8 non-independent directors. Director Pal Eitrheim was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Sep 29No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 9 non-independent directors. Director Pal Eitrheim was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.공고 • Sep 28Veidekke ASA, Annual General Meeting, May 07, 2024Veidekke ASA, Annual General Meeting, May 07, 2024.공고 • Sep 27+ 3 more updatesVeidekke ASA to Report First Half, 2024 Results on Aug 15, 2024Veidekke ASA announced that they will report first half, 2024 results on Aug 15, 2024공고 • Sep 25Veidekke Asa Announces Resignation of Veidekkehat from Board, Effective 1 October 2023Veidekke ASA announced that Veidekkehat is resigning from her board position e effective 1 October 2023.공고 • Sep 06Veidekke ASA (OB:VEI) acquired 20% stake in Applied Hydrogen As.Veidekke ASA (OB:VEI) acquired 20% stake in Applied Hydrogen As on September 5, 2023. Veidekke's Director Neal Nordahl will represent the company on the board of Applied Hydrogen.Veidekke ASA (OB:VEI) completed the acquisition of 20% stake in Applied Hydrogen As on September 5, 2023.Board Change • Aug 24No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 9 non-independent directors. Director Pal Eitrheim was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.Board Change • Jul 05No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 9 non-independent directors. Director Pal Eitrheim was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.공고 • Jun 15Veidekke ASA to Report Q4, 2023 Results on Feb 08, 2024Veidekke ASA announced that they will report Q4, 2023 results at 7:00 AM, Central European Standard Time on Feb 08, 2024공고 • May 08Veidekke ASA Reaches Settlement in the Dispute over the E39 Svegatjørn-Rådal Project in BergenVeidekkand the Norwegian Public Roads Administration have agreed on the final settlement of the E39 project between Os and Rådal outside Bergen. For Veidekke, the settlement will result in a NOK 110 million loss and positive cash flow in the amount of NOK 300 million. The loss will be recorded in First Quarter 2023. Veidekke and the Norwegian Public Roads Administration entered into an agreement on construction of the project E39 Svegatjørn-Rådal in the summer of 2015. Work on the project was finished in 2020 and the road opened to traffic in autumn 2022. The parties have disputed several elements of the project and the final settlement. The main legal hearing regarding the disputed final settlement was scheduled for September 2023. With the negotiated settlement, the case is now closed. The settlement involves a loss of NOK 110 million for Veidekke. The amount will be recorded in the First Quarter 2023 profit and loss accounts for Veidekke's Infrastructure Norway operation. As a result of payments withheld for work performed and previously paid-in VAT, the outcome of the dispute also entails capital influx payments of NOK 300 million, which will be recorded in Second Quarter and third quarter 2023.Board Change • Feb 14No independent directorsThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: No independent directors. 10 non-independent directors. Director Pal Eitrheim was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity.공고 • Feb 08Veidekke ASA Proposes Dividend for the Financial Year 2022, Payable on 24 May 2023Veidekke ASA announced that board is proposing a dividend of NOK 7.75 per share for the financial year 2022. Ex-date is 11 May 2023. Record date is 12 May 2023. Payment date is 24 May 2023.공고 • Feb 01Veidekke ASA (OB:VEI) signed a letter of intent to acquire Haugerud Vikeby As.Veidekke ASA (OB:VEI) signed a letter of intent to acquire Haugerud Vikeby Ason January 31, 2023. The goal is that the final purchase agreement can be signed in April 2023. Haugerud Vikeby As had revenues totalled just over NOK 200 million in 2022.공고 • Nov 25Veidekke ASA (OB:VEI) completed the acqusition of Constructa Entreprenør AS for NOK 365 million.Veidekke ASA (OB:VEI) has signed a letter of intent to acquire to acquire Constructa Entreprenør As for NOK 200 million on August 18, 2022. The settlement of consideration will be in the form of cash and shares in Veidekke ASA. The transaction is conditional on due diligence and that the transaction is approved by the competition authorities. Constructa Entreprenør, which has around 140 employees. In 2021 Constructa Entreprenør had revenues of NOK 726 million and EBIT of NOK 49 million. The current owners of Constructa Entreprenør will continue as key employees of the new Veidekke Bygg Bergen, and the integration of employees and the company in general will start as soon as possible. The transaction is expected to be completed in Q4 2022. Veidekke ASA (OB:VEI) completed the acqusition of Constructa Entreprenør AS for NOK 365 million on November 23, 2022. As of November 23, 2022 due diligence has been completed and the acquisition has been approved by the Norwegian Competition Authority.공고 • Nov 10Veidekke ASA Provides Revenue Guidance for the Year 2023Veidekke ASA provided revenue guidance for the year 2023. For the year, the company expects revenue to increase.공고 • Sep 30+ 5 more updatesVeidekke ASA to Report Fiscal Year 2022 Results on Mar 27, 2023Veidekke ASA announced that they will report fiscal year 2022 results on Mar 27, 2023Board Change • Aug 25No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 10 non-independent directors. Director Carola Laven was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.공고 • Aug 20Veidekke ASA (OB:VEI) has signed a letter of intent to acquire to acquire Constructa Entreprenør As for NOK 200 million.Veidekke ASA (OB:VEI) has signed a letter of intent to acquire to acquire Constructa Entreprenør As for NOK 200 million on August 18, 2022. The settlement of consideration will be in the form of cash and shares in Veidekke ASA. The transaction is conditional on due diligence and that the transaction is approved by the competition authorities. Constructa Entreprenør, which has around 140 employees. In 2021 Constructa Entreprenør had revenues of NOK 726 million and EBIT of NOK 49 million. The current owners of Constructa Entreprenør will continue as key employees of the new Veidekke Bygg Bergen, and the integration of employees and the company in general will start as soon as possible. The transaction is expected to be completed in the autumn.Board Change • Jul 16No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 10 non-independent directors. Director Carola Laven was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.이익 및 매출 성장 예측DB:VK4 - 애널리스트 향후 추정치 및 과거 재무 데이터 (NOK Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/202849,1751,7032,3852,761212/31/202747,5451,6252,3842,754212/31/202645,7471,5381,7652,07123/31/202643,7611,5853,2463,870N/A12/31/202543,1431,5532,6863,290N/A9/30/202542,5081,3502,3222,979N/A6/30/202541,5081,2691,9272,494N/A3/31/202540,9611,2332,2672,877N/A12/31/202441,4031,2611,5302,225N/A9/30/202442,0481,3052,1772,894N/A6/30/202442,7791,2811,4982,317N/A3/31/202443,1641,1981,3842,280N/A12/31/202343,1461,0692,0952,939N/A9/30/202341,8491,0851,0611,994N/A6/30/202341,0121,0489841,880N/A3/31/202339,7491,0249091,728N/A12/31/202238,6581,0926241,409N/A9/30/202237,9979054851,358N/A6/30/202237,7428898321,668N/A3/31/202237,6509041,6432,380N/A12/31/202137,5929581,4432,194N/A9/30/202137,6909311,4992,123N/A6/30/202137,9299971,2971,955N/A3/31/202138,0089851,0661,855N/A12/31/202038,1408421,4512,270N/A9/30/202037,9054673,1623,930N/A6/30/202037,3233482,0602,826N/A3/31/202036,9363521,6962,405N/A12/31/201936,569392N/A1,791N/A9/30/201935,332384N/A-46N/A6/30/201935,064484N/A1,307N/A3/31/201935,02782N/A1,583N/A1/1/201933,974119N/A1,400N/A9/30/201833,906700N/A1,914N/A6/30/201833,021670N/A742N/A3/31/201831,7601,119N/A919N/A12/31/201731,1751,178N/A702N/A9/30/201730,565956N/A902N/A6/30/201729,811968N/A1,747N/A3/31/201729,562977N/A1,627N/A12/31/201628,613887N/A1,880N/A9/30/201627,859949N/A1,603N/A6/30/201626,362768N/A1,285N/A3/31/201624,747680N/A591N/A12/31/201524,225765N/A771N/A9/30/201523,573783N/A805N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: VK4 의 연간 예상 수익 증가율(3.1%)이 saving rate(1.9%)보다 높습니다.수익 vs 시장: VK4 의 연간 수익(3.1%)이 German 시장(15.9%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: VK4 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: VK4 의 수익(연간 4.2%)이 German 시장(연간 6.6%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: VK4 의 수익(연간 4.2%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: VK4의 자본 수익률은 3년 후 44.5%로 매우 높을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YCapital-goods 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/07/23 23:48종가2026/07/23 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델의 세부 정보는 당사의 GitHub 페이지에서 확인하실 수 있습니다. 또한 보고서 사용 방법에 대한 가이드와 YouTube 튜토리얼도 제공하고 있습니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Veidekke ASA는 5명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관null nullABG Sundal CollierMikkel Nyholt-SmedsengCarnegie Investment Bank ABSimen MortensenDNB Carnegie2명의 분석가 더 보기
공고 • Nov 10Veidekke ASA Provides Revenue Guidance for the Year 2023Veidekke ASA provided revenue guidance for the year 2023. For the year, the company expects revenue to increase.
공고 • Feb 12Veidekke ASA Proposes Dividend , Payable on May 20, 2026Veidekke ASA decided to propose payment of cash dividend of NOK 11.25 per share for the financial year 2025. The proposal will be considered at the annual general meeting on 6 May 2026. Dividend amount: 11.25 per share, Declared currency: Norwegian Krone, Last day including rights: 6 May 2026, Ex-date: 7 May 2026, Record date: 8 May 2026, Payment date: 20 May 2026, Date of approval: 6 May 2026.
공고 • Sep 23Veidekke ASA, Annual General Meeting, May 06, 2026Veidekke ASA, Annual General Meeting, May 06, 2026.
공고 • Sep 22+ 4 more updatesVeidekke ASA to Report Q3, 2026 Results on Nov 12, 2026Veidekke ASA announced that they will report Q3, 2026 results at 7:00 AM, Central European Standard Time on Nov 12, 2026
공고 • Aug 23Veidekke ASA Announces Executive Changes, Effective January 1, 2026On 1 January 2026, Anders Haugen (41) will be appointed executive vice president of Veidekke Infrastructure Norway and will thus also become part of Veidekke's corporate management team. Haugen succeeds Øivind Larsen (61), who after eight years will take on a new role at Veidekke, focusing on large infrastructure projects. Anders Haugen joined Veidekke in 2008. He holds a Master of Science degree from NTNU (the Norwegian University of Science and Technology) and an MBA from NHH (the Norwegian School of Economics). Haugen joins from the position as manager for Veidekke's building operations in Oslo, a role he has held for over seven years. In 2024, he completed a General Management programme at Harvard Business School and has since been an active and important member of the team working on the new group strategy together with Veidekke's corporate management and board of directors. Anders Haugen will spend the remainder of the year getting to know the Infrastructure operations and the people behind them.
공고 • May 08Veidekke ASA Approves Dividend in Respect of the 2024 Financial YearVeidekke ASA at its AGM held on 7 May 2025 approved a dividend of NOK 9.00 per share in respect of the 2024 financial year, distributable to the company's shareholders as at 7 May 2025.
공고 • Feb 13Veidekke ASA Proposes Cash Dividend for the Financial Year 2024, Payable on 21 May 2025The board of directors of Veidekke ASA has 12 February 2025 decided to propose payment of cash dividend of NOK 9.00 per share for the financial year 2024. The proposal will be considered at the annual general meeting 7 May 2025. Ex-date: 8 May 2025. Record date: 9 May 2025. Payment date: 21 May 2025.
공고 • Oct 25Veidekke Group Announces Management ChangesAfter five years heading Veidekke's Swedish construction business, Charlotta Nilsén is now leaving the position. Martin Gadd (48) who has worked in various parts of the Veidekke Group since 2012 will assume the position. He comes from a role as responsible for "Special Units" within Veidekke's Norwegian Infrastructure business. Martin takes up his new role and will at the same time become a member of Veidekke's corporate management.
공고 • Sep 26Veidekke ASA, Annual General Meeting, May 07, 2025Veidekke ASA, Annual General Meeting, May 07, 2025.
공고 • Sep 25+ 1 more updateVeidekke ASA to Report First Half, 2025 Results on Aug 14, 2025Veidekke ASA announced that they will report first half, 2025 results on Aug 14, 2025
공고 • Sep 24+ 1 more updateVeidekke ASA to Report Q3, 2025 Results on Nov 06, 2025Veidekke ASA announced that they will report Q3, 2025 results on Nov 06, 2025
Reported Earnings • Aug 16Second quarter 2024 earnings released: EPS: kr2.70 (vs kr2.00 in 2Q 2023)Second quarter 2024 results: EPS: kr2.70 (up from kr2.00 in 2Q 2023). Revenue: kr10.8b (down 3.4% from 2Q 2023). Net income: kr358.0m (up 30% from 2Q 2023). Profit margin: 3.3% (up from 2.5% in 2Q 2023). The increase in margin was driven by lower expenses. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
Reported Earnings • May 09First quarter 2024 earnings released: EPS: kr0.10 (vs kr0.85 loss in 1Q 2023)First quarter 2024 results: EPS: kr0.10 (up from kr0.85 loss in 1Q 2023). Revenue: kr9.48b (flat on 1Q 2023). Net income: kr9.00m (up kr130.0m from 1Q 2023). Profit margin: 0.1% (up from net loss in 1Q 2023). Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Reported Earnings • Mar 27Full year 2023 earnings released: EPS: kr7.92 (vs kr8.09 in FY 2022)Full year 2023 results: EPS: kr7.92 (down from kr8.09 in FY 2022). Revenue: kr43.1b (up 12% from FY 2022). Net income: kr1.07b (down 2.1% from FY 2022). Profit margin: 2.5% (down from 2.8% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 4.0% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Mar 05Investor sentiment improves as stock rises 16%After last week's 16% share price gain to €9.62, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 12x in the Construction industry in Europe. Total loss to shareholders of 2.4% over the past three years.
Declared Dividend • Feb 12Dividend of kr7.90 announcedShareholders will receive a dividend of kr7.90. Ex-date: 8th May 2024 Payment date: 22nd May 2024 Dividend yield will be 95%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is not adequately covered by earnings (97% earnings payout ratio). However, it is well covered by cash flows (46% cash payout ratio). The dividend has increased by an average of 12% per year over the past 10 years. However, payments have been volatile during that time. The company's earnings per share (EPS) would need to grow by 8.0% to bring the payout ratio under control. EPS is expected to grow by 16% over the next 3 years, which is sufficient to bring the dividend into a sustainable range.
Reported Earnings • Feb 11Full year 2023 earnings released: EPS: kr7.90 (vs kr8.09 in FY 2022)Full year 2023 results: EPS: kr7.90 (down from kr8.09 in FY 2022). Revenue: kr43.1b (up 12% from FY 2022). Net income: kr1.07b (down 2.0% from FY 2022). Profit margin: 2.5% (down from 2.8% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.4% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
공고 • Feb 08Veidekke ASA Proposes Cash Dividend for the Financial Year 2023, Payable on 22 May 2024The board of directors of Veidekke ASA has 7 February 2024 decided to propose payment of cash dividend of NOK 7.90 per share for the financial year 2023. The proposal will be considered at the annual general meeting 7 May 2024. Ex-date is 8 May 2024, Record date is 10 May 2024 and Payment date is 22 May 2024.
Board Change • Jan 16No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 8 non-independent directors. Director Pal Eitrheim was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Nov 21No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 8 non-independent directors. Director Pal Eitrheim was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Sep 29No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 9 non-independent directors. Director Pal Eitrheim was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
공고 • Sep 28Veidekke ASA, Annual General Meeting, May 07, 2024Veidekke ASA, Annual General Meeting, May 07, 2024.
공고 • Sep 27+ 3 more updatesVeidekke ASA to Report First Half, 2024 Results on Aug 15, 2024Veidekke ASA announced that they will report first half, 2024 results on Aug 15, 2024
공고 • Sep 25Veidekke Asa Announces Resignation of Veidekkehat from Board, Effective 1 October 2023Veidekke ASA announced that Veidekkehat is resigning from her board position e effective 1 October 2023.
공고 • Sep 06Veidekke ASA (OB:VEI) acquired 20% stake in Applied Hydrogen As.Veidekke ASA (OB:VEI) acquired 20% stake in Applied Hydrogen As on September 5, 2023. Veidekke's Director Neal Nordahl will represent the company on the board of Applied Hydrogen.Veidekke ASA (OB:VEI) completed the acquisition of 20% stake in Applied Hydrogen As on September 5, 2023.
Board Change • Aug 24No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 9 non-independent directors. Director Pal Eitrheim was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
Board Change • Jul 05No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 9 non-independent directors. Director Pal Eitrheim was the last director to join the board, commencing their role in 2022. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
공고 • Jun 15Veidekke ASA to Report Q4, 2023 Results on Feb 08, 2024Veidekke ASA announced that they will report Q4, 2023 results at 7:00 AM, Central European Standard Time on Feb 08, 2024
공고 • May 08Veidekke ASA Reaches Settlement in the Dispute over the E39 Svegatjørn-Rådal Project in BergenVeidekkand the Norwegian Public Roads Administration have agreed on the final settlement of the E39 project between Os and Rådal outside Bergen. For Veidekke, the settlement will result in a NOK 110 million loss and positive cash flow in the amount of NOK 300 million. The loss will be recorded in First Quarter 2023. Veidekke and the Norwegian Public Roads Administration entered into an agreement on construction of the project E39 Svegatjørn-Rådal in the summer of 2015. Work on the project was finished in 2020 and the road opened to traffic in autumn 2022. The parties have disputed several elements of the project and the final settlement. The main legal hearing regarding the disputed final settlement was scheduled for September 2023. With the negotiated settlement, the case is now closed. The settlement involves a loss of NOK 110 million for Veidekke. The amount will be recorded in the First Quarter 2023 profit and loss accounts for Veidekke's Infrastructure Norway operation. As a result of payments withheld for work performed and previously paid-in VAT, the outcome of the dispute also entails capital influx payments of NOK 300 million, which will be recorded in Second Quarter and third quarter 2023.
Board Change • Feb 14No independent directorsThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: No independent directors. 10 non-independent directors. Director Pal Eitrheim was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity.
공고 • Feb 08Veidekke ASA Proposes Dividend for the Financial Year 2022, Payable on 24 May 2023Veidekke ASA announced that board is proposing a dividend of NOK 7.75 per share for the financial year 2022. Ex-date is 11 May 2023. Record date is 12 May 2023. Payment date is 24 May 2023.
공고 • Feb 01Veidekke ASA (OB:VEI) signed a letter of intent to acquire Haugerud Vikeby As.Veidekke ASA (OB:VEI) signed a letter of intent to acquire Haugerud Vikeby Ason January 31, 2023. The goal is that the final purchase agreement can be signed in April 2023. Haugerud Vikeby As had revenues totalled just over NOK 200 million in 2022.
공고 • Nov 25Veidekke ASA (OB:VEI) completed the acqusition of Constructa Entreprenør AS for NOK 365 million.Veidekke ASA (OB:VEI) has signed a letter of intent to acquire to acquire Constructa Entreprenør As for NOK 200 million on August 18, 2022. The settlement of consideration will be in the form of cash and shares in Veidekke ASA. The transaction is conditional on due diligence and that the transaction is approved by the competition authorities. Constructa Entreprenør, which has around 140 employees. In 2021 Constructa Entreprenør had revenues of NOK 726 million and EBIT of NOK 49 million. The current owners of Constructa Entreprenør will continue as key employees of the new Veidekke Bygg Bergen, and the integration of employees and the company in general will start as soon as possible. The transaction is expected to be completed in Q4 2022. Veidekke ASA (OB:VEI) completed the acqusition of Constructa Entreprenør AS for NOK 365 million on November 23, 2022. As of November 23, 2022 due diligence has been completed and the acquisition has been approved by the Norwegian Competition Authority.
공고 • Nov 10Veidekke ASA Provides Revenue Guidance for the Year 2023Veidekke ASA provided revenue guidance for the year 2023. For the year, the company expects revenue to increase.
공고 • Sep 30+ 5 more updatesVeidekke ASA to Report Fiscal Year 2022 Results on Mar 27, 2023Veidekke ASA announced that they will report fiscal year 2022 results on Mar 27, 2023
Board Change • Aug 25No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 10 non-independent directors. Director Carola Laven was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.
공고 • Aug 20Veidekke ASA (OB:VEI) has signed a letter of intent to acquire to acquire Constructa Entreprenør As for NOK 200 million.Veidekke ASA (OB:VEI) has signed a letter of intent to acquire to acquire Constructa Entreprenør As for NOK 200 million on August 18, 2022. The settlement of consideration will be in the form of cash and shares in Veidekke ASA. The transaction is conditional on due diligence and that the transaction is approved by the competition authorities. Constructa Entreprenør, which has around 140 employees. In 2021 Constructa Entreprenør had revenues of NOK 726 million and EBIT of NOK 49 million. The current owners of Constructa Entreprenør will continue as key employees of the new Veidekke Bygg Bergen, and the integration of employees and the company in general will start as soon as possible. The transaction is expected to be completed in the autumn.
Board Change • Jul 16No independent directorsFollowing the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 10 non-independent directors. Director Carola Laven was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model.