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Skanska AB ( ($SE:SKA.B) ) has issued an update.
Skanska has secured a EUR 60 million (about SEK 660 million) contract from HOK-Elanto to build a hybrid complex centered on a Prisma hypermarket in Espoo, Finland, a project that will be added to the company’s Nordic order bookings for the first quarter of 2026. The 30,000-square-meter development will combine a large hypermarket, smaller retail units and two seven-story residential buildings totaling 105 apartments, and is designed to meet Rakennustieto’s environmental classification criteria on energy efficiency, indoor air quality and site operations, underscoring Skanska’s strategy of integrating sustainable, mixed-use projects that strengthen its position in the Nordic construction market; construction is set to start in early 2026 and finish in 2028.
The most recent analyst rating on ($SE:SKA.B) stock is a Hold with a SEK284.00 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 is one of the world’s largest construction and project development companies, generating revenue of SEK 177 billion in 2024 and operating across selected markets in the Nordics, wider Europe and the United States. Leveraging the expertise of approximately 26,300 employees, the group focuses on delivering innovative, sustainable solutions that shape how people live, work and connect, with a strong emphasis on long-term, environmentally conscious development.
Average Trading Volume: 762,315
Technical Sentiment Signal: Buy
Current Market Cap: SEK107B
Find detailed analytics on SKA.B stock on TipRanks’ Stock Analysis page.