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Skanska AB ( ($SE:SKA.B) ) just unveiled an announcement.
Skanska has secured a contract worth PLN 214M (approximately SEK 560M) to construct a 3.6-kilometer bypass in Wroclaw, Poland. This project, part of the Eastern Ring Road, aims to enhance southern Wrocław’s transport system by improving connectivity, easing access to the A4 motorway, and reducing local traffic. The construction is set to begin in July 2025 and is expected to be completed by the end of 2027, significantly impacting the region’s infrastructure and Skanska’s operations in Europe.
The most recent analyst rating on ($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 across select markets in the Nordics, Europe, and the USA, focusing on innovative and sustainable solutions that support healthy living.
Average Trading Volume: 809,080
Current Market Cap: SEK93.09B
Find detailed analytics on SKA.B stock on TipRanks’ Stock Analysis page.