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Instalco AB ( (SE:INSTAL) ) has issued an announcement.
Instalco’s subsidiary, Lysteknikk Elektroentreprenør AS, has secured a significant contract with Helse Sør-Øst RHF for electrical installations at the New Aker Hospital in Oslo, valued at approximately NOK 440 million. This project, which involves a comprehensive technical turnkey contract, is a major development in Norway’s healthcare infrastructure and is expected to enhance Instalco’s industry positioning by showcasing its capability in handling large-scale, socially significant projects.
The most recent analyst rating on (SE:INSTAL) stock is a Hold with a SEK26.00 price target. To see the full list of analyst forecasts on Instalco AB stock, see the SE:INSTAL Stock Forecast page.
More about Instalco AB
Instalco is a leading installation company in Northern Europe specializing in electrical, heating & plumbing, ventilation, industrial solutions, and technical consulting. The company operates through over 150 subsidiaries, providing system design, installation, and service & maintenance across Sweden, Norway, Finland, and Germany. Instalco is listed on Nasdaq Stockholm under the ticker INSTAL.
Average Trading Volume: 609,100
Technical Sentiment Signal: Sell
Current Market Cap: SEK6.36B
For detailed information about INSTAL stock, go to TipRanks’ Stock Analysis page.