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NCC Commences Groundwork for LKAB’s New Sorting Plant in Sweden

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NCC Commences Groundwork for LKAB’s New Sorting Plant in Sweden

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NCC AB ( ($SE:NCC.B) ) has provided an announcement.

NCC has been commissioned by LKAB to begin groundwork for a new sorting plant at LKAB’s facility in Gällivare, Sweden, with an order value of approximately SEK 200 million. This project, part of NCC’s Green Industry Transformation, involves significant earthworks to prepare for the construction of the facility, which will enhance LKAB’s operations in terms of work environment, technology, and capacity.

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 a leading construction company in the Nordics, known for its expertise in 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 SEK 62 billion and employed 11,800 people. Its shares are listed on Nasdaq Stockholm.

Average Trading Volume: 188,847

Technical Sentiment Signal: Buy

Current Market Cap: SEK18.79B

See more data about NCC.B stock on TipRanks’ Stock Analysis page.

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