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Skanska AB ( ($SE:SKA.B) ) has issued an announcement.
Skanska has announced an investment of CZK 1.2 billion (approximately SEK 540M) in the third phase of the Modransky cukrovar residential project in Prague, Czech Republic. This phase will include 132 low-energy apartments and aims for a BREEAM rating of Excellent, emphasizing sustainable and low-impact living. The project will feature a large central square, relaxation zones, and art installations, with construction starting in August 2025 and completion expected in 2028.
The most recent analyst rating on ($SE:SKA.B) stock is a Buy with a SEK254.00 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 a focus on creating innovative and sustainable solutions. Operating in the Nordics, Europe, and the USA, Skanska reported a revenue of SEK 177 billion in 2024 and employs approximately 26,300 people.
Average Trading Volume: 666,669
Technical Sentiment Signal: Strong Buy
Current Market Cap: SEK97.53B
For a thorough assessment of SKA.B stock, go to TipRanks’ Stock Analysis page.