Veidekke ASA: Revenue growth in a more challenging market
Veidekke reported revenue of NOK 7.1 billion for the first quarter of the year, whichis an increase of 9% over the first quarter of 2017. The result before tax was a loss of NOK 11 million, compared with a profit of NOK 47 million for the same quarter last year. The order backlog at the end of the quarter was NOK 31.9 billion, after a total order intake of NOK 6.7 billion. The earnings per share was NOK -0.1 (0.3) in accordancewith the segment accounts. Veidekke's construction operations reported revenue of NOK 6.5 (5.8) billion for the first quarter, an increase of 11% over the