NYAB signs framework agreement with Huddinge municipality

25. Hägersten 1 Oct 2020. -

NYAB has signed a contract for a framework agreement with Huddinge municipality regarding ground, street and paving work. NYAB is one of four contracted contractors who are given the opportunity to carry out the work within the framework agreement.

The contract runs for 2 years and has options for another 1 + 1 years. The total value that can be traded within the agreement is SEK 600 million.

NYAB Mälardalen started at the turn of the year 2019/2020 and had sales of just over SEK 110 million during the start-up year, which was followed by more than a doubling with an improved profit margin in 2021. The current order backlog indicates an annual volume of approximately SEK 500 million for the current year.

- We follow the Group's strategy regarding an increasing share of multi-year contracts in the total order backlog. It becomes more important because to even out fluctuations in the market, which we become more sensitive to with increased volume. We look forward to working with and delivering quality to Huddinge municipality, says Johan Skoog, business area manager Nyab Mälardalen.

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