Veidekke: Q1 2023 results
Veidekke achieved revenues of NOK 9.5 billion in Q1. A dispute with the Norwegian Public Roads Administration was settled with a negative impact on earnings. The underlying loss was NOK -37 million before tax. The group’s order book totalled NOK 43.1 billion at quarter-end. The loss per share was NOK -0.9.“The underlying performance of the group’s operations is strong, in a first quarter that displayed the customary seasonal downturn,” says Group CEO Jimmy Bengtsson. “We have reached an agreement with the National Public Roads Administration in the dispute over E39 Svegatjørn–Rådal, a