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Skanska AB ( ($SE:SKA.B) ) has shared an update.
Skanska has secured a NOK 661 million (about SEK 600 million) contract from Gjerdrum municipality in Norway to build Oppvekstjordet, a comprehensive education and sports complex. The project will be recorded in Skanska’s Nordic order bookings for the first quarter of 2026, underlining continued demand for its social infrastructure expertise in the region.
The development will replace the existing local school and kindergarten with new facilities including a kindergarten, primary school, sports hall, football pitches and other community amenities, while allowing for future expansion. Designed to achieve a BREEAM-NOR “Very Good” rating and cut the municipality’s energy use for education and sports buildings by 40 percent, the project showcases Skanska’s sustainability capabilities ahead of its scheduled completion in 2028.
The most recent analyst rating on ($SE:SKA.B) stock is a Buy with a SEK309.00 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 AB is one of the world’s largest construction and project development companies, with operations across selected markets in the Nordics, Europe and the U.S. The group focuses on creating innovative and sustainable buildings and infrastructure, generating SEK 179 billion in revenue in 2025 and employing about 25,900 people worldwide.
Average Trading Volume: 795,596
Technical Sentiment Signal: Buy
Current Market Cap: SEK110.9B
Find detailed analytics on SKA.B stock on TipRanks’ Stock Analysis page.