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The latest update is out from NCC AB ( ($SE:NCC.B) ).
NCC AB has announced a new project to construct a swim center in Rödeby, Karlskrona, in collaboration with the Karlskrona Municipality. The project, valued at approximately SEK 200 million, involves building a new facility adjacent to an existing outdoor pool, featuring a 25-meter pool and a teaching pool with adjustable floors, among other amenities. This initiative is expected to enhance energy and resource efficiency and is part of a turnkey contract in partnering form. The construction is set to commence immediately and is anticipated to take around two years, marking a significant development in NCC’s portfolio of swim center projects.
The most recent analyst rating on ($SE:NCC.B) stock is a Hold with a SEK244.00 price target. To see the full list of analyst forecasts on NCC AB stock, see the SE:NCC.B Stock Forecast page.
More about NCC AB
NCC is one of the leading construction companies in the Nordics, known for managing complex construction processes. The company engages in building and infrastructure project contracting, asphalt and stone materials production, and commercial property development. In 2024, NCC reported sales of approximately SEK 62 billion and employed 11,800 people. Its shares are listed on Nasdaq Stockholm.
YTD Price Performance: 35.54%
Average Trading Volume: 182,425
Technical Sentiment Signal: Buy
Current Market Cap: SEK18.88B
For a thorough assessment of NCC.B stock, go to TipRanks’ Stock Analysis page.