Veidekke: Predicts mixed developments in the Scandinavian contracting markets
Veidekke expects the construction and infrastructure segments in the Scandinavian contracting markets to continue to take different paths over the next two years. Total activity is expected to decline by -9% in 2024 and by -2% in 2025, measured in current prices.Overall, the trends forecasted for the construction and civil engineering markets in the period to year-end 2025 are relatively similar for the three Scandinavian countries. Common denominators include weak residential production figures and strong estimates for the civil engineering sector. Climate adaptation and transport are