OB:VEIConstruction
Veidekke (OB:VEI) Valuation Check After New NOK 261m Sustainable Public-Sector Contract
Veidekke (OB:VEI) just picked up a NOK 261 million turnkey contract in Porsgrunn, adding a BREEAM-NOR certified nursing home wing and emergency clinic. This represents a clear boost to its public-sector order book.
See our latest analysis for Veidekke.
That focus on sustainable public projects helps explain why sentiment has been firm lately. A roughly 24 percent year to date share price return, together with a powerful multi year total shareholder return above 100 percent, suggests momentum...