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Skanska AB ( ($SE:SKA.B) ) has issued an announcement.
Skanska has signed a SEK 300 million contract with Specialfastigheter to complete construction at Skogome prison in Gothenburg, Sweden, after the previous contractor went bankrupt. This project, which includes three new buildings and groundworks totaling 12,000 square meters, is expected to be completed by summer 2026, enhancing Skanska’s order bookings for the second quarter of 2025.
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 across select markets in the Nordics, Europe, and the USA, the company leverages its expertise to create innovative and sustainable solutions for healthy living.
YTD Price Performance: 0.76%
Average Trading Volume: 734,132
Current Market Cap: SEK92.59B
For an in-depth examination of SKA.B stock, go to TipRanks’ Stock Analysis page.