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Skanska AB ( ($SE:SKA.B) ) has provided an announcement.
Skanska has secured a USD 142 million (about SEK 1.3 billion) contract from an existing client to build a new technology facility in the United States, reinforcing its presence in a key growth market. The project will be added to Skanska’s U.S. order bookings for the first quarter of 2026, with construction starting in April 2026 and scheduled completion in the first quarter of 2028, bolstering the company’s forward project pipeline and revenue visibility.
The multi‑year development underlines Skanska’s role as a major contractor for high‑value technical facilities, a segment that continues to benefit from rising digital and technology infrastructure investment. By expanding its U.S. portfolio with long‑duration work, Skanska strengthens operational stability and utilization of its construction resources, which is important for margins and competitiveness in its core markets.
The most recent analyst rating on ($SE:SKA.B) stock is a Buy with a SEK275.00 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 2025 revenue of SEK 179 billion. The group operates in selected markets across the Nordics, Europe, and the USA, delivering innovative and sustainable building and infrastructure solutions that shape how people live, work, and connect.
Average Trading Volume: 863,887
Technical Sentiment Signal: Strong Buy
Current Market Cap: SEK103.5B
Find detailed analytics on SKA.B stock on TipRanks’ Stock Analysis page.