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Veidekke

Earnings Release Mar 14, 2024

3781_rns_2024-03-14_5c66f4a5-e117-402d-b901-9cce0737164d.html

Earnings Release

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Veidekke: To renovate two care buildings in Stockholm

Veidekke: To renovate two care buildings in Stockholm

Veidekke's Swedish subsidiary Arcona has been commissioned to carry out an

extensive renovation project at Södersjukhuset in Stockholm. The project is an

execution contract valued at approx. SEK 300 million, and the client is Region

Stockholm's property company Locum.

Preparatory work is already underway in the project, which will be carried out

in 2024 and 2025 and involves the renovation of approx. 11,300 square meters in

Södersjukhuset's buildings 17 and 18. The two buildings will be equipped to meet

today's requirements for modern care buildings, with improved floor plans and

upgraded technical systems. When the renovation is completed, the buildings will

house 168 new single rooms.

Arcona will deliver services from room design to installation work, with a focus

on ensuring that the buildings live up to the high standard required by the

healthcare system.

"At Arcona, we are very proud to have received this assignment. We are looking

forward to working with Locum again, after our successful construction of

building 72 at Södersjukhuset, which several of our current employees helped

complete five years ago, says Andreas Asplinger in Arcona.

The contract is included in the Q1 2024 order book.

For more information, contact:

Jørgen Wiese Porsmyr, CFO Veidekke ASA, ph. +47 907 59 058

Andreas Asplinger, Arcona, telefon + 46 08 510 02 294

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 43 billion, and 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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