Veidekke ASA: Q1 2020 results
Veidekke generated revenues of NOK 9.0 billion and a pre-tax loss of NOK 16 million in the first quarter. The construction operation order book stood at NOK 35.0 billion at quarter-end. The group’s loss per share in the quarter totalled NOK 0.70 (IFRS).“Since the COVID-19 outbreak reached Scandinavia, Veidekke has focused on limiting the spread of the virus and maintaining production. The steps we have taken have protected staff health and jobs, ensured that customer deliveries could be made as agreed and safeguarded the group’s assets,” says group CEO Jimmy Bengtsson. “The pandemic had