Veidekke ASA: Good level of activity in property development
Veidekke sold a total of 130 homes in the first quarter of 2014. This is in line with sales in the fourth quarter of 2013. Housing sales are evenly distributed between Norway and Sweden, and there is a high level of activity with a large number of homes in production in both countries. In Norway we experienced that home sales dropped noticeably toward the end of 2013. The low rate of sales continued into 2014, but toward the end of the first quarter interest and sales have picked up. In Sweden sales have remained stable. In the first quarter of 2014 sales of only four small projects were