Veidekke Future Growth

Future criteria checks 2/6

Veidekke is forecast to grow earnings and revenue by 4.9% and 3.8% per annum respectively. EPS is expected to grow by 4.7% per annum. Return on equity is forecast to be 38.3% in 3 years.

Key information

4.9%

Earnings growth rate

4.7%

EPS growth rate

Construction earnings growth	9.5%
Revenue growth rate	3.8%
Future return on equity	38.3%
Analyst coverage	Low
Last updated	07 Nov 2024

Recent future growth updates

Recent updates

Earnings and Revenue Growth Forecasts

DB:VK4 - Analysts future estimates and past financials data (NOK Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2026	45,451	1,438	1,196	2,339	1
12/31/2025	43,490	1,364	1,272	2,367	1
12/31/2024	41,713	1,282	1,713	1,768	1
9/30/2024	42,048	1,305	2,177	2,894	N/A
6/30/2024	42,779	1,281	1,498	2,317	N/A
3/31/2024	43,163	1,188	1,384	2,280	N/A
12/31/2023	43,146	1,069	2,095	2,939	N/A
9/30/2023	41,849	1,085	1,061	1,994	N/A
6/30/2023	41,012	1,048	984	1,880	N/A
3/31/2023	39,749	1,024	909	1,728	N/A
12/31/2022	38,658	1,092	624	1,409	N/A
9/30/2022	37,997	905	485	1,358	N/A
6/30/2022	37,742	889	832	1,668	N/A
3/31/2022	37,650	904	1,643	2,380	N/A
12/31/2021	37,592	958	1,443	2,194	N/A
9/30/2021	37,690	931	1,499	2,123	N/A
6/30/2021	37,929	997	1,297	1,955	N/A
3/31/2021	38,008	985	1,066	1,855	N/A
12/31/2020	38,140	842	1,451	2,270	N/A
9/30/2020	37,905	467	3,162	3,930	N/A
6/30/2020	37,323	348	2,060	2,826	N/A
3/31/2020	36,936	352	1,696	2,405	N/A
12/31/2019	36,569	392	1,092	1,791	N/A
9/30/2019	35,332	384	-867	-46	N/A
6/30/2019	35,064	484	415	1,307	N/A
3/31/2019	35,027	82	488	1,583	N/A
1/1/2019	33,974	119	263	1,400	N/A
9/30/2018	33,906	700	1,004	1,914	N/A
6/30/2018	33,021	670	N/A	742	N/A
3/31/2018	31,760	1,119	N/A	919	N/A
12/31/2017	31,175	1,178	N/A	702	N/A
9/30/2017	30,565	956	N/A	902	N/A
6/30/2017	29,811	968	N/A	1,747	N/A
3/31/2017	29,562	977	N/A	1,627	N/A
12/31/2016	28,613	887	N/A	1,880	N/A
9/30/2016	27,859	949	N/A	1,603	N/A
6/30/2016	26,362	768	N/A	1,285	N/A
3/31/2016	24,747	680	N/A	591	N/A
12/31/2015	24,225	765	N/A	771	N/A
9/30/2015	23,573	783	N/A	805	N/A
6/30/2015	23,809	836	N/A	860	N/A
3/31/2015	23,688	803	N/A	1,168	N/A
12/31/2014	24,027	843	N/A	1,753	N/A
9/30/2014	23,891	777	N/A	2,221	N/A
6/30/2014	23,619	751	N/A	1,831	N/A
3/31/2014	22,853	628	N/A	1,676	N/A
12/31/2013	21,781	544	N/A	1,648	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: VK4's forecast earnings growth (4.9% per year) is above the savings rate (1%).

Earnings vs Market: VK4's earnings (4.9% per year) are forecast to grow slower than the German market (21.1% per year).

High Growth Earnings: VK4's earnings are forecast to grow, but not significantly.

Revenue vs Market: VK4's revenue (3.8% per year) is forecast to grow slower than the German market (5.6% per year).

High Growth Revenue: VK4's revenue (3.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: VK4's Return on Equity is forecast to be high in 3 years time (38.3%)

Veidekke Future Growth

Future criteria checks 2/6

Key information

Recent future growth updates

Veidekke ASA Provides Revenue Guidance for the Year 2023

Recent updates

Veidekke Group Announces Management Changes

Veidekke ASA, Annual General Meeting, May 07, 2025

Veidekke ASA to Report First Half, 2025 Results on Aug 14, 2025

Veidekke ASA to Report Q3, 2025 Results on Nov 06, 2025

Second quarter 2024 earnings released: EPS: kr2.70 (vs kr2.00 in 2Q 2023)

First quarter 2024 earnings released: EPS: kr0.10 (vs kr0.85 loss in 1Q 2023)

Full year 2023 earnings released: EPS: kr7.92 (vs kr8.09 in FY 2022)

Investor sentiment improves as stock rises 16%

Dividend of kr7.90 announced

Full year 2023 earnings released: EPS: kr7.90 (vs kr8.09 in FY 2022)

Veidekke ASA Proposes Cash Dividend for the Financial Year 2023, Payable on 22 May 2024

No independent directors

No independent directors

No independent directors

Veidekke ASA, Annual General Meeting, May 07, 2024

Veidekke ASA to Report First Half, 2024 Results on Aug 15, 2024

Veidekke Asa Announces Resignation of Veidekkehat from Board, Effective 1 October 2023

Veidekke Asa Announces Resignation of Veidekkehat from Board, Effective 1 October 2023

Veidekke ASA (OB:VEI) acquired 20% stake in Applied Hydrogen As.

No independent directors

No independent directors

Veidekke ASA to Report Q4, 2023 Results on Feb 08, 2024

Veidekke ASA Reaches Settlement in the Dispute over the E39 Svegatjørn-Rådal Project in Bergen

No independent directors

Veidekke ASA Proposes Dividend for the Financial Year 2022, Payable on 24 May 2023

Veidekke ASA (OB:VEI) signed a letter of intent to acquire Haugerud Vikeby As.

Veidekke ASA (OB:VEI) completed the acqusition of Constructa Entreprenør AS for NOK 365 million.

Veidekke ASA Provides Revenue Guidance for the Year 2023

Veidekke ASA to Report Fiscal Year 2022 Results on Mar 27, 2023

No independent directors

Veidekke 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.

No independent directors

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings per Share Growth Forecasts

Future Return on Equity

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