OB:VEIConstruction
Can Veidekke (OB:VEI) Justify Its Price After New Contract Wins?
Veidekke (OB:VEI) has seen fresh attention after a series of new design and build contracts in Norway and Sweden, alongside a 50/50 partnership with OBOS for the large Kristiansholm residential project in Bergen.
See our latest analysis for Veidekke.
Despite the flurry of new residential and education contracts, Veidekke's share price is around NOK189.20, with the 1 month share price return of about 5% and a 1 year total shareholder return of around 21%. This suggests momentum has been...