Veidekke ASA: Q4 2019 results
Veidekke generated revenues of NOK 10.8 billion in the fourth quarter. The pre-tax profit of NOK 16 million includes NOK 330 million in allocations linked to future losses and restructuring of the construction operation. The construction operation order book stood at NOK 34.3 billion at quarter-end. In 2019 as a whole, the group achieved revenues of NOK 38.8 billion and a pre-tax profit of NOK 941 million. The group’s profit per share was NOK 4.6 (IFRS), and the board has proposed a dividend of NOK 5.0 per share for the financial year 2019.“We have implemented significant improvement