Veidekke: Sees light at the end of the tunnel for the Scandinavian contracting markets
The negative trends which have characterised Veidekke’s contracting markets for the last couple of years are expected to turn in 2025, with the strongest demand likely to be seen in the transport infrastructure segment, defence and the water supply, sewerage and energy sectors.“Although we expect market activity levels to remain flat into the first half of 2025, we are seeing signs of a positive shift in several key drivers of the downturn. Figures from macroeconomic forecasting bodies suggest a return to more normal inflation levels, falling interest rates and a generally strong economic