Veidekke ASA: High activity and good order intake in the first quarter
Revenue for the first quarter totalled NOK 6.5 billion, an increase of 12% compared with the corresponding quarter of 2016. Profit before tax for the year increased to NOK 60 million from NOK -15 million.The Group had an order backlog of NOK 27.4 billion at the close of the first quarter, up 12% from the beginning of the year. Earnings per share in accordance with the segment accounts was NOK 0.4 (-0.1). " Veidekke has continued the trend we have seen in recent quarters, with growth in both revenue and profit in the first quarter of the year. Order intake in the quarter was good, and the