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MarketScreener Homepage  >  Equities  >  NASDAQ OMX STOCKHOLM  >  Skanska    SKA B   SE0000113250

SKANSKA (SKA B)
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Skanska : builds education facilities for the University of Bergen, Norway, for NOK 295 M, about SEK 310 million

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06/11/2018 | 11:01am CEST

Skanska has signed a contract with the University of Bergen to build a new education facilities at the campus area in Bergen, Norway. The contract is worth NOK 295 M, about SEK 310 million, which will be included in the Nordic order bookings for the second quarter 2018.

The project involves the demolition of an old dentistry building, where new education and research facilities will be built. The new building will cover 12,000 square meters spread over four floors above ground and two floors below ground.

Helsekampus Årstadvollen is part of a future-oriented project initiated by the University of Bergen. The establishment of a knowledge cluster is an important part of the university's strategy to further develop its research and education environments and to create innovative care solutions for the whole human being, inter alia through interdisciplinary interaction.

Construction starts in September 2018 with completion scheduled for May 2020.

Skanska is one of the leading development and construction companies in the Nordics, with operations in building construction and civil engineering in Sweden, Norway and Finland, and developing residential- and commercial property projects in select home markets. The commercial development stream is also active in Denmark. Skanska offers services in public-private partnerships. Skanska had sales of about SEK 65 billion and more than 15,000 employees in its Nordic operations during 2017.

For further information please contact:

Audun Brandt Lågøyr, Communications Director, Skanska Norway, tel +47 40 00 64 00

Andreas Joons, Press Officer, Skanska AB, tel +46 (0)10 449 04 94

Direct line for media, tel +46 (0)10 448 88 99

This and previous releases can also be found at www.skanska.com.

Skanska is one of the world's leading construction and project development companies, focused on selected home markets in the Nordic region, Europe and USA. Supported by global trends in urbanization and demographics, and by being at the forefront in sustainability, Skanska offers competitive solutions for both simple and the most complex assignments, helping to build a sustainable future for customers and communities. The Group has about 40,000 employees. Skanska's sales in 2017 totaled SEK 161 billion.

http://news.cision.com/skanska/r/skanska-builds-education-facilities-for-the-university-of-bergen--norway--for-nok-295-m--about-sek-3,c2544162

http://mb.cision.com/Main/95/2544162/857176.pdf

http://news.cision.com/skanska/i/20180611-no-arstadvollen,c2428666

(c) 2018 Cision. All rights reserved., source Press Releases - English

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Financials (SEK)
Sales 2018 163 B
EBIT 2018 5 014 M
Net income 2018 4 363 M
Finance 2018 1 748 M
Yield 2018 4,99%
P/E ratio 2018 15,79
P/E ratio 2019 13,20
EV / Sales 2018 0,40x
EV / Sales 2019 0,39x
Capitalization 66 668 M
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Mean consensus HOLD
Number of Analysts 9
Average target price 178  SEK
Spread / Average Target 7,5%
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Anders Danielsson President & Chief Executive Officer
Hans Torsten Gunnar Biörck Chairman
Magnus Persson Chief Financial Officer
Jaroslaw Urbanczyk Senior Vice President-Information Technology
Lena Charlotte Strömberg Independent Director
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