Veidekke ASA: Increased revenues and order book
(WorldNews Norway)

15.11.2018 - 07:32 Veidekke boosted its revenues by 11% in the third quarter and delivered pre-tax profit of NOK 460 million. The company`s order book increased to NOK 33.8 billion. `Although Veidekke has delivered higher revenues, we are not satisfied with our recent profitability trend. Over the past months we have therefore implemented organisational changes and have introduced a stricter risk assessment regime. We have also introduced measures to cut costs and are being more selective with regards to which new projects we consider taking on,` says Arne Giske, Group CEO of Veidekke. Veidekke achieved revenues of NOK 8.8 billion in Q3 2018, compared with NOK 7.9 billion in the same quarter...