Press release 📈 Stocks 🌍 Denmark

Per Aarsleff Wins DKK 398 Million Horsens Climate Protection Contract

Per Aarsleff secures a DKK 398 million contract for a major climate protection and infrastructure project in Horsens, leveraging its expertise in coastal engineering and foundation work.

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Per Aarsleff Holding A/S has secured a DKK 398 million contract for the Horsens Ringvej Syd climate protection project, which leverages the company's core competencies in civil engineering, foundation work, and hydraulic structures. By managing the project as a main contractor and utilizing in-house production for complex elements like the pump and sluice system, Aarsleff is positioned to optimize margins and strengthen its long-term order book through 2031.

Catalysts
  • ▲ Award of DKK 398 million climate protection contract in Horsens
  • ▲ Strategic utilization of in-house production capabilities for complex infrastructure
Risk Factors
  • ▼ Execution risks associated with complex marine and foundation engineering
  • ▼ Potential for project delays or cost overruns over the multi-year construction period
▼ Show FAQ (3) ▲ Hide FAQ
What is the value of the Horsens contract?

The contract is valued at DKK 398 million.

When is the project expected to be completed?

Aarsleff expects to deliver the project in 2031.

What are the primary technical components of the project?

The project includes a climate barrier, a pump and sluice system capable of pumping 30,000 liters per second, road embankments, and bridge construction.

🧭 Full analysis of these assets

🎯 Key Takeaways

  • Contract value of DKK 398 million strengthens Aarsleff's order book.
  • Project scope includes a high-capacity pump system capable of moving 30,000 liters of water per second.
  • Construction begins before year-end 2026 with a completion target of 2031.

📝 Executive Summary

Per Aarsleff Holding A/S has secured a DKK 398 million contract to lead climate protection efforts in Horsens, Denmark. The project involves constructing a one-kilometer climate barrier, a high-capacity pump and sluice system, and supporting infrastructure to protect the city from rising sea levels and storm surges. Work is scheduled to commence before year-end, with final delivery expected in 2031.

❓ FAQ

What is the primary objective of the Horsens project?

The project aims to protect Horsens city center from rising water levels and storm surges while simultaneously facilitating a new traffic solution south of the city.