tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Skanska Advocates Strategic Public Procurement for Enhanced Efficiency and Innovation

Story Highlights
  • Skanska highlights public procurement as a strategic tool for innovation and efficiency.
  • The company proposes modernizing EU procurement rules for resilient infrastructure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Skanska Advocates Strategic Public Procurement for Enhanced Efficiency and Innovation

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Skanska AB ( ($SE:SKA.B) ) has shared an announcement.

Skanska AB has released a report titled ‘Procurement for Impact,’ highlighting the strategic role of public procurement in driving innovation, cost efficiency, and competitiveness. The report emphasizes the need for modernizing procurement rules within the EU to enhance infrastructure resilience and efficiency, proposing seven concrete actions to achieve these goals. Skanska’s projects demonstrate that strategic procurement can lead to more efficient and cost-effective infrastructure, supporting decarbonization and energy efficiency. The company advocates for a shift towards strategic procurement methods to maximize taxpayer value and build future-ready infrastructure.

The most recent analyst rating on ($SE:SKA.B) stock is a Buy with a SEK254.00 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, focusing on delivering innovative and efficient infrastructure and building solutions. The company operates in various markets, including Sweden, Norway, and the United States, with a strong emphasis on sustainability and innovation.

YTD Price Performance: 7.44%

Average Trading Volume: 566,529

Technical Sentiment Signal: Strong Buy

Current Market Cap: SEK98.72B

Find detailed analytics on SKA.B stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1