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

SKANSKA

(SKA B)
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Skanska : builds new Medical Center in Cincinnati, OH, USA, for USD 35 M, about SEK 310 M

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01/11/2019 | 01:31am EDT

Skanska has signed a contract with TriHealth to build the TriHealth Good Samaritan Western Ridge Medical Center in Cincinnati, OH, USA. The contract is worth USD 35 M, about SEK 310 M, which will be included in the US order bookings for the fourth quarter 2018.

The three-story 9,000-square-meter expansion of the Western Ridge Medical Center will accommodate primary care doctors and expanded cancer services, including radiation oncology and an infusion center. Physician's offices in the medical office building include primary care, cancer, heart, endocrinology and cosmetic surgery.

Construction services started in December 2017, and the project is expected to be complete in March 2021.

Skanska is one of the leading construction and development companies in the USA, specializing in building construction, civil infrastructure, public-private partnerships and commercial property developments in select US markets. Skanska USA had sales of SEK 59 billion in 2017 and has approximately 9,500 employees.

For further information please contact:

Pamela Monastra, Communications, Skanska USA, tel +1 404 946 75 33

Patric Elmén, Acting Head of Media Relations, Skanska AB, tel: +46 (0)10-449 31 34

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-new-medical-center-in-cincinnati--oh--usa--for-usd-35-m--about-sek-310-m,c2715339

https://mb.cision.com/Main/95/2715339/974741.pdf

http://news.cision.com/skanska/i/20190111-trihealth-thwr-rendering,c2555938

(c) 2019 Cision. All rights reserved., source Press Releases - English

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Financials (SEK)
Sales 2019 165 B
EBIT 2019 5 896 M
Net income 2019 4 834 M
Finance 2019 2 764 M
Yield 2019 4,40%
P/E ratio 2019 14,19
P/E ratio 2020 12,64
EV / Sales 2019 0,38x
EV / Sales 2020 0,38x
Capitalization 65 708 M
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Mean consensus HOLD
Number of Analysts 8
Average target price 165  SEK
Spread / Average Target 0,66%
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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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