Bravida-SEK 650m data center order-07/08/2026

Research evidence excerpt

Bravida-SEK 650m data center order-07/08/2026

Bravida

NEWSFLASH | 8 JUL 2026

SEK 650m data center order

Bravida has been awarded its eighth data center contract with EcoDataCenter for electrical and industrial-piping installation

at a new data center in Borlänge. Bravida's share is SEK ~650m, registered in Q3 2026, with execution running from now to

Q1 2028. Scope covers power supply, power, lighting and cooling. While the award is modest against the recent NOK ~4.5bn

Norwegian award, it signals continued momentum and strengthens our view that Bravida is well positioned to capture

demand in growth markets such as data centers, where it has been active since 2009.

Highlights

• Electrical and industrial-piping installation for EcoDataCenter's new Borlänge data center with Bravida’s share SEK ~650m

• Bravida’s eighth EcoDataCenter site (four completed); extending a ~10-year customer relationship

• Scope covers power supply, power, lighting and cooling

• Registered Q3 2026; execution starts immediately, running through Q1 2028

• ~150 planned site recruits during autumn

Conclusions for the share

• Reinforces Bravida's strong position within data centers and signals continued momentum across growth niches

• We have a HOLD rating and TP SEK 125 for Bravida

Max Fuchs

+46 79 150 08 83, max.fuchs@paretosec.com

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