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

SKANSKA (SKA B)
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Skanska : builds new acute care hospital building in Hollywood, USA, for USD 188 M, about SEK 1.6 billion

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06/14/2018 | 08:01am CEST

Skanska has signed a contract with CHA Hollywood Medical Center, L.P. to construct the new Acute Care Hospital Building at Hollywood Presbyterian Medical Center in Hollywood, California, USA. The contract is worth USD 188 M, about SEK 1.6 billion, which will be included in the US order bookings for the second quarter of 2018.

The project consists of a new 16,350 square meter, five-story building and will replace the existing emergency department and kitchen. The building will include medical/surgical patient unit, NICU, clinical lab, morgue and information technology services. Additionally, various demolition and upgrades of existing structures are required to support the new tower including remodeling about 1,900 square meters of the adjacent existing patient tower. Other work includes renovation of the existing courtyard and lobby and construction of a new ramp for the existing parking.

Construction is under way and will conclude in late 2020.

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:

Jay Weisberger, Communications, Skanska USA, tel +1 206 494 5469

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-new-acute-care-hospital-building-in-hollywood--usa--for-usd-188-m--about-sek-1-6-bill,c2547521

http://mb.cision.com/Main/95/2547521/859547.pdf

(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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Managers
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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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