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Veidekke

Earnings Release Nov 20, 2024

3781_rns_2024-11-20_f3873eea-bdd2-4905-bc56-da5a19456337.html

Earnings Release

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Veidekke: Extension and rehabilitation of Skedsmo upper secondary school

Veidekke: Extension and rehabilitation of Skedsmo upper secondary school

Veidekke, with its subsidiary Seby AS, has won the competition to extend Skedsmo

upper secondary school in Lillestrøm. The contract with Akershus County Council

is a design and build contract valued at just below NOK 560 million excluding

VAT.

"We are very pleased to have won this commission in tough competition with four

other contractors. Building good schools is one of the most important tasks we

have as a society, and it is especially satisfying that the project will be

environmentally certified. We are grateful for the confidence shown in us and

look forward to delivering a great project," says General Manager Bjørn Ove

Liavaag of Seby AS.

The increase in the number of students in Romerike means that there is a need to

expand the school from 1,200 to 1,500 student places. Veidekke will demolish

parts of the current main building, and build an extension as well as a 10,000

m2 new build in massive wood. The contract also includes some rehabilitation and

remodelling, as well as new access routes and reorganisation of the outdoor

areas. The new build will be environmentally certified in accordance with the

BREEAM-NOR (https://byggalliansen.no/sertifisering/om-breeam/) Very Good level.

"This is one of the major school development projects for Akershus County

Council in the coming years, and it will provide both students and staff with

excellent facilities for learning and development. This is going to be very

good, and I look forward to seeing the result," says Lise Hagen Rebbestad (H),

County Councilor for Education and Competence in Akershus County Council.

Demolition will start as soon as before Christmas, and the school is scheduled

to be completed for the start of the school year in 2027. The commission is

included in Veidekke's order book for the fourth quarter.

For further information, please contact:

General Manager Bjørn Ove Liavaag of Seby AS, tel. +47 90 69 35 77, bjorn

[email protected]

Communications Manager Helge Dieset, Veidekke, tel. +47 90 55 33 22,

[email protected]

Veidekke's press photos (https://veidekke.fotoware.cloud/fotoweb/archives/5028

-Pressebilder-Veidekke/)

Subscribe to notices from Veidekke (https://www.veidekke.no/aktuelt/abonner-pa

-meldinger/)

Veidekke (http://www.veidekke.no) is one of Scandinavia's largest contractors.

In addition to undertaking all types of building and civil engineering

assignments, the group also maintains roads and produces asphalt and aggregates.

Veidekke emphasises stakeholder involvement and local experience. Annual

turnover is approx. NOK 43 billion, and almost half of its 8,000 employees own

shares in the company. Veidekke is listed on the Oslo Stock Exchange and has

posted a profit every year since its inception in 1936.

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