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Skanska Secures $60M Contract for University Library Renovation

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Skanska Secures $60M Contract for University Library Renovation

Confident Investing Starts Here:

An announcement from Skanska AB ( ($SE:SKA.B) ) is now available.

Skanska has secured an additional contract worth USD 60 million for the renovation of the Walter Clinton Jackson Library at the University of North Carolina in Greensboro. The project aims to transform the library into a modern academic hub with high-tech group study areas and increased capacity, reflecting Skanska’s commitment to enhancing educational infrastructure and its strategic positioning in the US construction market.

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: 721,460

Current Market Cap: SEK96.09B

For an in-depth examination of SKA.B stock, go to TipRanks’ Stock Analysis page.

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