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Veidekke

Earnings Release Dec 11, 2020

3781_rns_2020-12-11_5dec1a87-5920-4330-a910-23cadb3ca2d7.html

Earnings Release

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Veidekke ASA: To build Vikhemskolan in Staffanstorp, Sweden

Veidekke ASA: To build Vikhemskolan in Staffanstorp, Sweden

Veidekke has been commissioned by Hemsö to build Vikhemskolan in Staffanstorp,

Sweden. The contract value is approximately SEK 190 million, and the project is

planned for completion in time for the autumn 2022 start of the school year.

Prior to the signing of the contract, the project's system design was completed

by Veidekke and Hemsö in collaboration.

"We are excited to start construction of Vikhemsskolan in Staffanstorp. Together

with Veidekke and the International English School, we are now able to help meet

the need for more primary school capacity in this growing municipality, says

Robert Cardell, project developer at Hemsö.

Veidekke has been assigned the construction of approx. 8 250 m[2 ]of newbuilt

gross area. When completed, the school will accommodate a total of 800 preschool

children and primary school pupils at the Kunskapsförskolan preschool and the

International English School. The school section will comprise a school

cafeteria and kitchen as well as specialised rooms for home economics,

woodworking and music. The preschool section will accommodate two preschools

comprising eight departments with an adjoining kitchen and common room. New

schoolyards will be built for the school and the preschool, respectively.

"We appreciate Hemsö's continued confidence in Veidekke and look forward to

further collaboration and to providing an excellent learning environment for our

children," says Cecilia Eneberg, department manager at Veidekke Bygg Syd.

The new school buildings will be certified in accordance with the environmental

building standard Miljöbyggnad Silver, which will ensure pupils a healthy indoor

climate with good ventilation and a school constructed of healthy building

materials and with low energy consumption.

The contract is included in the order book for the fourth quarter.

For more information, contact:

Mats Nyström, CEO Veidekke Sweden, ph. +46 705 37 12 60

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

-Pressebilder-Veidekke/)

Subscribe to notices from Veidekke (http://veidekke.com/no/borsmeldinger/abonner

-pa-meldinger/)

Veidekke 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. Its annual turnover is

approximately NOK 37 billion, and half of its 8,200 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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