Veidekke ASA: Q1 2019 results
Veidekke achieved revenue of NOK 8.5 billion in the first quarter of 2019, and a pre-tax profit of NOK -21 million. The group’s quarterly order intake was NOK 9.2 billion. Veidekke’s construction operation had an order book valued at NOK 34.9 billion as at 31 March.“Veidekke’s first-quarter performance was marked by the customary seasonal downturn in the industrial operation, and was as expected overall,” says Veidekke group CEO Arne Giske. “Several of the construction businesses improved their sales and profits, although the group-wide profit was impacted by reduced profitability in the