Veidekke achieved revenues of NOK 11.3 billion in Q2, and a pre-tax profit of
NOK 538 million, corresponding to a profit per share of NOK 2.9. The quarterly
order intake of NOK 14.3 billion brought the group's order book to NOK 49.2
billion as at 30 June 2025.

"Veidekke enjoyed high activity levels in the second quarter, with both revenue
and profits up compared to the same period last year. The revenue increase was
particularly strong in Construction Norway. Our project portfolio is robustly
profitable, with profits up year-on-year in most parts of the group," says Group
CEO Jimmy Bengtsson.

"A strong quarterly order intake brought our order book to NOK 49.2 billion at
the end of June. Although the order intake was particularly high for
Construction Norway, other parts of the group also reported a robust and
diversified inflow of projects. Among other things, several major contracts were
signed in the defence and critical infrastructure segments," says Jimmy
Bengtsson.

The group generated NOK 11.3 billion in revenue in Q2 2025, compared to NOK 10.8
billion in the second quarter of 2024. Construction Norway and Infrastructure
Sweden achieved year-on-year revenue increases, while other operations reported
stable earnings.

The quarterly pre-tax profit amounted to NOK 538 million, up 11% from NOK 484
million in Q2 2024. Most of the group's operations improved their profit
performance year-on-year, with the largest increases being seen in Construction
Norway and Infrastructure Sweden on the back of, respectively, higher activity
levels and improved capacity utilisation, and the Euromining acquisition in last
year's fourth quarter. Overall, the profit margin was 4.7%, compared to 4.5% in
the second quarter of 2024.

The group's quarterly order intake was NOK 14.3 billion, up considerably on NOK
9.7 billion in the same period last year. At quarter-end, the order book stood
at NOK 49.2 billion, up from NOK 41.1 billion at the same time last year and NOK
41.0 billion at the beginning of the year. Some 56% of the order book will be
converted into revenue in the next 12 months.

Net interest-bearing assets totalled NOK 1.2 billion as at 30 June 2025, up from
NOK 1.0 billion one year ago. Cash flow from operational activities in the first
half of the year amounted to NOK 146 million, compared to NOK -123 million in
the first half of 2024. The statement of financial position totalled NOK 18.3
billion as at 30 June, up from NOK 17.5 billion at the same time last year.

The group's LTI (lost time injury) rate was 2.4 in the second quarter, compared
to 3.0 in the preceding quarter and 2.8 in Q2 2024. No serious injuries were
recorded during the quarter. The quarterly sick leave rate was 5.2%, compared to
6.1% in the preceding quarter and 5.3% in the second quarter of last year.

Revenues totalled NOK 20.4 billion in the first half of 2025, compared to NOK
20.3 billion in the first half of 2024. The pre-tax profit for the first half
-year amounted to NOK 517 million, up from NOK 509 million in the same period
last year. The overall profit margin totalled 2.5% as at 30 June 2025, and was
thus on a par with last year's figure.

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

For more information, contact:
Jimmy Bengtsson, Group CEO, +47?984 70?000
Lars Erik Lund, EVP strategy and sustainability, +47?413 31 369
Jørgen Wiese Porsmyr, CFO, +47?907 59 058

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Veidekke is one of Scandinavia's largest contractors. In addition to undertaking
all types of building and civil engineering assignments, the group also
maintains roads and produces asphalt and aggregates. Veidekke emphasises
stakeholder involvement and local experience. Its annual turnover is
approximately NOK 43 billion, and half of its 8,000 employees own shares in the
company. Veidekke is listed on the Oslo Stock Exchange, and has posted a profit
every year since its inception in 1936.