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Endur ASA

Marcon signs contracts worth SEK 53 million

By 25.06.2021November 21st, 2023No Comments

25 June 2021 – Marcon Gruppen AB (Marcon), a wholly owned subsidiary of Endúr ASA, has during the past month won several marine infrastructure contracts in Sweden, worth a total of SEK 53 million.

A total of nine new contracts have been entered into during the past month, ranging from SEK 1.2 to SEK 16 million in contract value. The contracts have been signed with both public and private sector customers.

Three of the contracts are for quay repairs, two for moat and harbour maintenance, plus contracts for erosion protection, dredging and subsea pipeline installation.

“Historically, one of our greatest assets has been a highly diverse project portfolio. These new awards underline our ability to win contracts in various disciplines and of different sizes, which results in a relatively low risk order backlog,” says Jörn Ryberg, CEO of Marcon.

Marcon was established by Jörn Ryberg in 1982 and is today a market leader within marine infrastructure in Sweden. The company performs a range of services connected to marine infrastructure construction and marine services, as well as other adjacent services including hydrographical services, dredging, rentals, inspections and diving.

“The nine new contracts will be executed over the next 6 – 9 months,” says Jörn Ryberg.

Marcon serves both as independent contractor and subcontractor in construction projects and other services. Its HQ is in Ängelholm, Skåne, with offices in Stockholm, Malmö, Gothenburg, Sölvesborg and Härnösand. The group operates in the Swedish market under the brands Swedish Sjöentrepenad (SSE), Marcon Teknik (MTE), Frog Marine Service (FMS), SVENTAB and Marcon Windpower.

Marcon is a wholly owned subsidiary of Oslo-listed Endúr ASA.

ENDS

For further information, please contact:

Media

Hans Olav Storkås, CEO of Endúr, tel: +47 901 22 744

Investors

Lasse B. Kjelsås, CFO of Endúr, tel: +47 908 49 772

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