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Skanska AB ( ($SE:SKA.B) ) just unveiled an announcement.
Skanska has secured a contract with Statsbygg to construct a new university building for The Norwegian University of Science and Technology (NTNU) in Trondheim, Norway, valued at NOK 750 million (about SEK 710 million). This project, which will be included in Skanska’s Nordic order bookings for Q3 2025, will feature a six-story, 18,000 square meter facility designed to enhance NTNU’s academic environment for economics and innovation. The construction will commence in October 2025 and is expected to be completed by December 2027, potentially strengthening Skanska’s position in the Nordic construction market.
The most recent analyst rating on ($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 Group is one of the world’s largest construction and project development companies, with 2024 revenue totaling SEK 177 billion. The company operates across select markets in the Nordics, Europe, and the USA, creating innovative and sustainable solutions that support healthy living.
Average Trading Volume: 555,086
Technical Sentiment Signal: Buy
Current Market Cap: SEK97.45B
Find detailed analytics on SKA.B stock on TipRanks’ Stock Analysis page.