The latest update is out from Skanska AB ( ($SE:SKA.B) ).
Skanska has secured a contract with Skellefteå Municipality to construct the Karlgårdsbron bridge over the Skellefte River in Sweden, valued at approximately SEK 380 million. This project, set to be Sweden’s longest wooden bridge, will enhance connectivity between city districts and accommodate various forms of traffic, with completion expected by November 2027.
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. Skanska employs approximately 26,300 people.
YTD Price Performance: -2.91%
Average Trading Volume: 533,421
Technical Sentiment Signal: Sell
Current Market Cap: SEK88.85B
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