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Veidekke

Earnings Release Feb 3, 2020

3781_rns_2020-02-03_bfc8a381-d633-41a5-b717-f89614edaa0a.html

Earnings Release

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Veidekke ASA: To build for Optimera in Vestby

Veidekke ASA: To build for Optimera in Vestby

Veidekke Logistikkbygg has signed a contract with Anthon B Nilsen Eiendom to

build Optimera's new automated central warehouse in Vestby. The contract is a

design and build contract valued at around NOK 220 million excluding VAT.

The combined office and warehouse building will have a gross area of

approximately 23,500 m[2] and will be built in Vestby Næringspark Øst in the

municipality of Vestby. Optimera's new central warehouse will more than double

Optimera's current capacity. The building will have a high ceiling with two

large automated warehouse systems and will include a so-called HBW installation

for storage on pallets, automated storage and picking systems, and a miniload

comprising 30,000 boxes for the storage of small products.

"We are very pleased that Anthon B Nilsen has once again chosen us as partner

for another major logistics project. We will build on the good partnership we

have developed through six previous projects, and are looking forward to taking

on the assignment. This contract is an excellent fit with our focus on the

specialisation, development and building of turnkey non-commercial buildings,"

says general manager Roar Kristiansen of Veidekke Logistikkbygg.

Construction will start after easter and is scheduled for completion in the

autumn of 2021.

For more information, contact:

General manager Roar Kristiansen of Veidekke Logistikkbygg, tel. +47 916 90 080,

[email protected]

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

[email protected]

Veidekke's press photos

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

-pa-meldinger/)

Veidekke Logistikkbygg AS, formerly Norske Stålbygg AS, is a turnkey contractor

that designs, develops and erects various types of commercial and industrial

buildings all over Norway. We are 25 enthusiastic colleagues with revenues of

around NOK 250 million a year from our office in Larvik.

Veidekke is one of Scandinavia's largest construction and property development

companies. The company undertakes all types of building construction and civil

engineering contracts, develops residential projects, maintains roads, and

produces asphalt and aggregates. The company is known for its involvement and

local knowledge. Annual turnover is approx. NOK 36 billion, and around half of

its 8600 employees own shares in the company. Veidekke is listed on the Oslo

Stock Exchange and has always posted a profit since it was founded in 1936.

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