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AF Gruppen Secures Major Contract for Sustainable Treatment Plant Expansion

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AF Gruppen Secures Major Contract for Sustainable Treatment Plant Expansion

Meet Your ETF AI Analyst

AF Gruppen ASA ( (AGRUF) ) has provided an update.

AF Gruppen has been recommended by MOVAR IKS as the main contractor for a significant construction project at the Fuglevik treatment plant in Moss municipality, valued at MNOK 582 excluding VAT. The project aims to expand the plant’s capacity to treat wastewater from several municipalities and includes comprehensive sustainability measures, such as the reuse of materials and a fossil-free construction site. Construction is set to begin in December 2025, with completion expected by December 2029.

The most recent analyst rating on (AGRUF) stock is a Buy with a NOK180.00 price target. To see the full list of analyst forecasts on AF Gruppen ASA stock, see the AGRUF Stock Forecast page.

More about AF Gruppen ASA

AF Gruppen ASA is a construction company with extensive experience in building treatment plants. They focus on sustainable construction practices and have ongoing projects in wastewater treatment facilities.

YTD Price Performance: 18.60%

Average Trading Volume: 35,888

Current Market Cap: NOK18.61B

For detailed information about AGRUF stock, go to TipRanks’ Stock Analysis page.

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