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NCC Secures SEK 1.5 Billion Renovation Contract in Stockholm

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NCC Secures SEK 1.5 Billion Renovation Contract in Stockholm

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

NCC has secured a SEK 1.5 billion contract to renovate and enhance accessibility in a central Stockholm block, covering 16,000 square meters. The project, set to begin in autumn 2025 and conclude in 2029, will be recorded under the NCC Building Sweden business area, potentially strengthening NCC’s market position in the Nordic construction industry.

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: 185,836

Technical Sentiment Signal: Buy

Current Market Cap: SEK18.94B

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

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