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VEI posts higher third-quarter revenue and profit as order book reaches NOK 52.6bn

VEI's third-quarter revenue grew 11% year on year, with the order book at NOK 52.6bn. TradingView notes that demand in Sweden could soften.

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what happened

VEI's revenue in the third quarter climbed 11% from a year earlier, reaching NOK 11.8bn. Profit before tax rose to NOK 904m and the margin widened to 7.7%, according to TradingView.

The company's order backlog stands at NOK 52.6bn, which should support activity in the near term. The same source adds that demand in Sweden may weaken.

why it matters

A large order backlog gives investors visibility on near-term workload and revenue. The source also points to cost pressures and lingering uncertainty, and the softer Swedish outlook is the factor to watch.

market impact

VEI shares: strong quarter and large order book support sentiment, while Swedish demand is the main risk

tags

EarningsStockNorway

instruments

VEINOK

on polymarket

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sources

  1. VEI: Revenue and earnings rose, with a NOK 52.6bn order book supporting activity — TradingView, 12 November 2026 at 06:02 UTC
  2. VEI: Higher Q3 earnings and a NOK 52.6bn order book strengthen the near-term activity base — TradingView, 12 November 2026 at 06:02 UTC

prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.

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