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AF Gruppen’s HMB Construction Wins Major Contract in Sweden

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AF Gruppen’s HMB Construction Wins Major Contract in Sweden

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

HMB Construction, a subsidiary of AF Gruppen, has secured a SEK 112 million contract from the Swedish Fortifications Agency to build facilities at Ärna F16 in Uppsala. The project involves constructing shelters, storage units, and a transformer station, with completion expected by December 2026. This contract highlights AF Gruppen’s capability in handling technically demanding projects, reinforcing its strong position in the construction industry.

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 leading construction and civil engineering company, focusing on infrastructure, building, and environmental projects. The company is known for its expertise in delivering complex and technically advanced projects across various sectors.

YTD Price Performance: 18.32%

Average Trading Volume: 31,511

Current Market Cap: NOK18.57B

See more insights into AGRUF stock on TipRanks’ Stock Analysis page.

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