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The latest announcement is out from Skanska AB ( ($SE:SKA.B) ).
Skanska has announced an investment of about SEK 250 million in the final phase of a residential project in Kungsängen, Uppsala, Sweden. The development includes 66 apartments and three commercial spaces, built with a strong focus on sustainability, incorporating energy-efficient features such as solar cells, waste heat exchangers, and concrete with lower climate impact. The project aligns with Skanska’s commitment to Nordic Ecolabel certification and is expected to conclude by fall 2027, underscoring the company’s dedication to sustainable urban living.
The most recent analyst rating on ($SE:SKA.B) stock is a Hold with a SEK266.00 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 AB is one of the world’s largest construction and project development companies, operating in the Nordics, Europe, and the USA. The company emphasizes sustainable and innovative solutions, generating SEK 177 billion in revenue in 2024 and employing approximately 26,300 people.
Average Trading Volume: 764,437
Technical Sentiment Signal: Strong Buy
Current Market Cap: SEK103.4B
See more insights into SKA.B stock on TipRanks’ Stock Analysis page.