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Skanska Expands US Educational Projects with New Florida School Contract

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Skanska Expands US Educational Projects with New Florida School Contract

Elevate Your Investing Strategy:

Skanska AB ( ($SE:SKA.B) ) has issued an update.

Skanska has secured an additional contract worth USD 51 million for the construction of Artisan Lakes Elementary School in Parrish, Florida, bringing the total project value to USD 68 million. The project, which includes a 12,500 square meter school with 63 classrooms and facilities like a covered playground and boardwalk, is expected to be completed by the third quarter of 2026, enhancing Skanska’s presence in the US educational construction sector.

The most recent analyst rating on ($SE:SKA.B) stock is a Buy with a SEK215.00 price target. To see the full list of analyst forecasts on Skanska AB stock, see the SE:SKA.B Stock Forecast page.

More about Skanska AB

Skanska Group is one of the world’s largest construction and project development companies, with 2024 revenue totaling SEK 177 billion. The company operates in select markets across the Nordics, Europe, and the USA, focusing on creating innovative and sustainable solutions that support healthy living.

Average Trading Volume: 791,599

Current Market Cap: SEK90.91B

See more data about SKA.B stock on TipRanks’ Stock Analysis page.

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