Veidekke ASA

Stable results and high activity in Veidekke - Seite 2

 

The combined turnover for Veidekke Industri in the quarter came to NOK 288 million (NOK 301 million), resulting in a quarterly loss of NOK -140 million (NOK -144 million).

Health, safety  the working environment (HSE)
Veidekke saw a decline in sickness absence and lost-time injuries in the first quarter. In Norway, sickness absence was 4.8 per cent (5.7 per cent), in Sweden 3.6 per cent (3.7 per cent) and in Denmark 1.7 per cent (2.6 per cent). The LTI rate for the Group as a whole (the number of lost-time injuries per million working hours as a 12 month rolling average) was 6.9 (7.9) in the first quarter.

 

Please see the Board of Director's report for the first quarter 2013 (html), and the attached pdf.

For more information please contact:
CEO Terje R. Venold, tel. [phone], [e-mail]
CFO Jørgen Wiese Porsmyr, tel. [phone], [e-mail]
Communications Director Kai Krüger Henriksen, tel. [phone], [e-mail]

 

 

Veidekke is one of Scandinavia's leading contractors and property developers with a turnover of NOK 20 billion (2012) and 6,300 employees. Activities include building and construction projects, residential developments, asphalt plants, gravel and crushed stone and road services. Our values are professional, honest, enthusiastic and ground-breaking. Our goals for health, safety and the environment, HSE, have equal status with our financial goals. Veidekke is characterised by a strong corporate culture with employee involvement and co-ownership as important cornerstones. More than half of the employees are co-owners, holding around 20 per cent of the Group's shares between them. The company is listed on the Oslo Stock Exchange and has never declared a loss since it was founded in 1936.

 

This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Presentation Q1 2013

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Source: Veidekke ASA via Thomson Reuters ONE

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