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Skanska AB ( ($SE:SKA.B) ) has issued an update.
Skanska has secured a contract worth EUR 95 million to construct a data center in Finland, marking a significant addition to its Nordic order bookings for the third quarter of 2025. The project, set to commence in fall 2025 and conclude by fall 2026, highlights Skanska’s continued expansion in the technology infrastructure sector, potentially enhancing its market position and offering new opportunities for stakeholders.
The most recent analyst rating on ($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 2024 revenue totaling SEK 177 billion. Operating in select markets in the Nordics, Europe, and the USA, Skanska focuses on creating innovative and sustainable solutions that support healthy living. The company leverages its expertise and foresight to shape the way people live, work, and connect, employing approximately 26,300 people.
Average Trading Volume: 630,572
Technical Sentiment Signal: Buy
Current Market Cap: SEK96.5B
Learn more about SKA.B stock on TipRanks’ Stock Analysis page.