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Veidekke ASA: Key information relating to proposed cash dividend

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Published 11. February 2020

Veidekke ASA: Q4 2019 results

Veidekke generated revenues of NOK 10.8 billion in the fourth quarter. The pre-tax profit of NOK 16 million includes NOK 330 million in allocations linked to future losses and restructuring of the construction operation. The construction operation order book stood at NOK 34.3 billion at quarter-end. In 2019 as a whole, the group achieved revenues of NOK 38.8 billion and a pre-tax profit of NOK 941 million. The group’s profit per share was NOK 4.6 (IFRS), and the board has proposed a dividend of NOK 5.0 per share for the financial year 2019.
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Published 11. February 2020

Veidekke ASA: To build for Optimera in Vestby

Veidekke Logistikkbygg has signed a contract with Anthon B Nilsen Eiendom to build Optimera’s new automated central warehouse in Vestby. The contract is a design and build contract valued at around NOK 220 million excluding VAT.
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Published 03. February 2020

Restructuring costs and loss provisions affect fourth-quarter profits

Veidekke has carried out a review and evaluation of the group’s construction and industrial operations. Provisions for future losses on individual projects in the portfolio, in addition to restructuring costs in the construction business in Sweden and Norway, will be charged against the profits for the fourth quarter of 2019. Veidekke’s profit before tax in 2019 including these items is approximately NOK 940 million.
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Published 28. January 2020

Veidekke ASA: To build health park on Stord

Today, Veidekke has signed a contract with Borggata Futurum AS to build a commercial building that will gather a number of health services in the centre of Leirvik on Stord in Vestland county. The contract is a design and build contract valued at around NOK 100 million excluding VAT.
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Published 21. January 2020

Veidekke still top of class in environmental reporting performance, according to CDP

For the second consecutive year, Veidekke scored top marks for greenhouse gas emissions reporting. The rating is provided by CDP, the international charity which runs the global environmental disclosure system.
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Published 21. January 2020

Veidekke ASA: To convert industrial property in Stockholm into microliving and coworking space

Veidekke’s subsidiary Arcona has been commissioned by Aberdeen Standard Investments and Ailon Group to undertake conversion of the property Påsen 15 in Hammarby sjöstad, Stockholm. Work on the SEK 200 million design and build contract is scheduled for completion in spring 2021.
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Published 21. January 2020

Veidekke sold residential units valued at NOK 6.3 billion in 2019

Veidekke sold 256 residential units in the 4th quarter. Total sales for 2019 encompassed 1,155 residential units with a total value of NOK 6.3 billion. There were 2,215 units under construction at the end of 2019, and the sales ratio was 78%.
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Published 09. January 2020

Veidekke ASA: Signed contract with the Norwegian Defence Estates Agency

Veidekke has been commissioned to erect a concrete building which will house a new tank and processing plant at the Ørland Air Station in Trøndelag. The value of the contract is approximately NOK 110 million excluding VAT.
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Published 08. January 2020

Veidekke ASA: To construct arts centre in Trondheim

Veidekke has signed a contract with Kjøpmannsgata Ung Kunst AS to construct an environmentally certified arts centre in Trondheim city centre, which was initiated and will be funded by Kjell Erik Killi Olsen. This will be a turnkey contract valued at NOK 113 million, excluding VAT.
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Published 30. December 2019