Slide 1: Veidekke – Second quarter 2025
Veidekke – Second quarter 2025 Q2 Second quarter 2025 2021 Artbox Report Template All rights reserved © Artbox AS 2021
Slide 2: Key figures
2 Veidekke – Second quarter 2025 KEY FIGURES QUARTERLY REPORT MANAGEMENT STATEMENT FINANCIAL STATEMENTS AND NOTES Key figures Figures in NOK million Q2 2025 Q2 2024 30 Jun 2025 30 Jun 2024 2024 Revenue 11 327 10 780 20 363 20 258 41 403 Profit/loss before tax 538 484 517 509 1 683 Construction Norwa
Slide 3: Q2 2025 results
3 Veidekke – Second quarter 2025 KEY FIGURES QUARTERLY REPORT MANAGEMENT STATEMENT FINANCIAL STATEMENTS AND NOTES Q2 2025 results The quarterly pre-tax profit amounted to NOK 538 compared to NOK -123 million in the first half of 2024. million, up 11% from NOK 484 million in Q2 2024. The statement of
Slide 4: Construction Norway
4 Veidekke – Second quarter 2025 KEY FIGURES QUARTERLY REPORT MANAGEMENT STATEMENT FINANCIAL STATEMENTS AND NOTES Construction Norway Construction Norway generated revenues of NOK 4.0 • Statnett ØKV: Transformer substations in billion in the second quarter of 2025, compared to Vestland County for St
Slide 5: Infrastructure Norway
5 Veidekke – Second quarter 2025 KEY FIGURES QUARTERLY REPORT MANAGEMENT STATEMENT FINANCIAL STATEMENTS AND NOTES Infrastructure Norway strong profitability boosted revenues and profits in the New contracts signed during the quarter: road maintenance operation. However, in the portfolio • Midt-Troms
Slide 6: Construction Sweden
6 Veidekke – Second quarter 2025 KEY FIGURES QUARTERLY REPORT MANAGEMENT STATEMENT FINANCIAL STATEMENTS AND NOTES Construction Sweden Construction Sweden recorded revenues of New contracts signed in the quarter: NOK 1.9 billion in the second quarter, on a par • Gäddan Produktion: Construction and in
Slide 7: Infrastructure Sweden
7 Veidekke – Second quarter 2025 KEY FIGURES QUARTERLY REPORT MANAGEMENT STATEMENT FINANCIAL STATEMENTS AND NOTES Infrastructure Sweden Infrastructure Sweden generated revenues of existing contracts. No major new contracts were NOK 1.8 billion in the second quarter of 2025, com signed during the qu
Slide 8: Denmark
8 Veidekke – Second quarter 2025 KEY FIGURES QUARTERLY REPORT MANAGEMENT STATEMENT FINANCIAL STATEMENTS AND NOTES Denmark The Danish operation – Hoffmann – achieved New contracts signed in the quarter: revenues of NOK 894 million in the second quarter, • Ydre Østerbro Vest – Climate adaptation: comp
Slide 9: Other operations, Related-party transactions, Financial situation
9 Veidekke – Second quarter 2025 KEY FIGURES QUARTERLY REPORT MANAGEMENT STATEMENT FINANCIAL STATEMENTS AND NOTES Other operations In the second quarter, Veidekke adopted a sustainability framework for Related-party transactions its financing arrangements, featuring conditions laying down targets Ot
Slide 10: Veidekke presents its outlook for the Scandinavian contracting markets
10 Veidekke – Second quarter 2025 KEY FIGURES QUARTERLY REPORT MANAGEMENT STATEMENT FINANCIAL STATEMENTS AND NOTES Veidekke presents its outlook for the Scandinavian contracting markets identified and assessed, and plans are made for managing risk during twice a year. The market update is published
Slide 11: Management statement
11 Veidekke – Second quarter 2025 KEY FIGURES QUARTERLY REPORT MANAGEMENT STATEMENT FINANCIAL STATEMENTS AND NOTES Management statement We confirm that the (unaudited) half-year financial statements for the report provides a true and fair overview of material events during period 1 January to 30 Jun
Slide 12: Statement of comprehensive income
12 Veidekke – Second quarter 2025 KEY FIGURES QUARTERLY REPORT MANAGEMENT STATEMENT FINANCIAL STATEMENTS AND NOTES Statement of comprehensive income Figures in NOK million Q2 2025 Q2 2024 30 Jun 2025 30 Jun 2024 2024 Revenue 11 327 10 780 20 363 20 258 41 403 Operating expenses -10 537 -10 062 -19 3
Slide 13: Statement of financial position Veidekke group
13 Veidekke – Second quarter 2025 KEY FIGURES QUARTERLY REPORT MANAGEMENT STATEMENT FINANCIAL STATEMENTS AND NOTES Statement of financial position Veidekke group Figures in NOK million 30 Jun 2025 30 Jun 2024 31 Dec 2024 Figures in NOK million 30 Jun 2025 30 Jun 2024 31 Dec 2024 ASSETS EQUITY AND LI
Slide 14: Statement of cash flows
14 Veidekke – Second quarter 2025 KEY FIGURES QUARTERLY REPORT MANAGEMENT STATEMENT FINANCIAL STATEMENTS AND NOTES Statement of cash flows Figures in NOK million Q2 2025 Q2 2024 30 Jun 2025 30 Jun 2024 2024 OPERATING ACTIVITIES Profit/loss before tax 538 484 517 509 1 683 Tax paid for the period -11
Slide 15: Statement of changes in equity
15 Veidekke – Second quarter 2025 KEY FIGURES QUARTERLY REPORT MANAGEMENT STATEMENT FINANCIAL STATEMENTS AND NOTES Statement of changes in equity Equity holders of Veidekke ASA Minority Other paid-in Reevaluation of Currency transla- Other retained Fair value Non-controlling Figures in NOK million S
Slide 16: Net interest-bearing position
16 Veidekke – Second quarter 2025 KEY FIGURES QUARTERLY REPORT MANAGEMENT STATEMENT FINANCIAL STATEMENTS AND NOTES Net interest-bearing position Other key figures Figures in NOK million 30 Jun 2025 30 Jun 2024 31 Dec 2024 Figures in NOK million 30 Jun 2025 30 Jun 2024 31 Dec 2024 Cash and cash equiv
Slide 17: Business segments
17 Veidekke – Second quarter 2025 KEY FIGURES QUARTERLY REPORT MANAGEMENT STATEMENT FINANCIAL STATEMENTS AND NOTES Business segments Figures in NOK million Q2 2025 Q2 2024 30 Jun 2025 30 Jun 2024 2024 Figures in NOK million Q2 2025 Q2 2024 30 Jun 2025 30 Jun 2024 2024 Construction Norway Constructio
Slide 18: Denmark, Other operations and group eliminations
18 Veidekke – Second quarter 2025 KEY FIGURES QUARTERLY REPORT MANAGEMENT STATEMENT FINANCIAL STATEMENTS AND NOTES Figures in NOK million Q2 2025 Q2 2024 30 Jun 2025 30 Jun 2024 2024 Figures in NOK million Q2 2025 Q2 2024 30 Jun 2025 30 Jun 2024 2024 Denmark Group eliminations Revenue 894 920 1 654
Slide 19: Notes Veidekke group
19 Veidekke – Second quarter 2025 KEY FIGURES QUARTERLY REPORT MANAGEMENT STATEMENT FINANCIAL STATEMENTS AND NOTES Notes Veidekke group Note 01. General information Note 02. Accounting principles Veidekke is one of Scandinavia‘s largest construction companies. The company is headquartered in Oslo an
Slide 20: Note 03. Operating income
20 Veidekke – Second quarter 2025 KEY FIGURES QUARTERLY REPORT MANAGEMENT STATEMENT FINANCIAL STATEMENTS AND NOTES Note 03. Operating income The tables below show the group‘s revenues for 2025 and 2024, split into service areas. Construction Infrastructure Construction Infrastructure Figures in NOK
Slide 21: Note 04. Estimates, Note 07. Non-current assets
21 Veidekke – Second quarter 2025 KEY FIGURES QUARTERLY REPORT MANAGEMENT STATEMENT FINANCIAL STATEMENTS AND NOTES Note 04. Estimates Note 07. Non-current assets Veidekke’s operations comprise construction projects. Accounting for project activities is largely based on Figures in NOK million 30 Jun
Slide 22: Acquisitions, Dividends, Alternative performance measures
22 Veidekke – Second quarter 2025 KEY FIGURES QUARTERLY REPORT MANAGEMENT STATEMENT FINANCIAL STATEMENTS AND NOTES Note 08. Acquisitions, sales of operations Note 12. Alternative performance measures No acquisitions or divestments of operations took place in Q2 2025. Veidekke generally reports its f
Slide 23: Veidekke
Veidekke is one of Scandinavia’s largest contractors. In addition to undertaking all types of Text: Veidekke. Design: Artbox. building and civil engineering assignments, the group also maintains roads and produces asphalt and aggregates. Veidekke emphasises stakeholder involvement and local experien