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

SKANSKA

(SKA B)
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Skanska : sells the office property Juvelen in Uppsala, Sweden, for about SEK 560 M

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06/13/2019 | 02:01am EDT

Skanska has signed an agreement with Vasakronan on the sale of the office property Juvelen in Uppsala, Sweden, for about SEK 560 M. The transfer of the property is scheduled to take place in December 2019 and the project which is developed by Skanska Sweden will be recorded by the segment Skanska Commercial Development in the second quarter 2019.

It has a total leasable area of about 8,600 square meters spread over seven floors plus a entresol floor on floor 7. The building meets both LEED Platinum and deep green level according to Skanska's Color Palette, which has been the core of Skanska's environmental management system. It defines Skanska's vision of Green and Deep Green projects according to four priority areas: energy, carbon, materials and water.

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 had sales of about SEK 67 billion and more than 15,500 employees in its Nordic operations during 2018.

For further information please contact:

Jacob Birkeland, Head of Media Relations, Skanska AB, tel +46 (0)10 449 19 57

Johan Sahlberg, Head of business development, Skanska Sweden AB, tel +46 (0)10 449 06 47

Ahmed Fetibegovic, Head of transactions, Skanska Sweden AB, tel +46 (0)10 448 33 65

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 a world leader in construction and project development on select markets in the Nordic region, Europe and USA. Driven by the Group's values, Skanska wants to contribute to a better society. Skanska provides innovative, sustainable solutions for both simple and complex assignments. Skanska has about 38,000 employees, and 2018 revenue totaled SEK 170 billion.

https://news.cision.com/skanska/r/skanska-sells-the-office-property-juvelen-in-uppsala--sweden--for-about-sek-560-m,c2839458

https://mb.cision.com/Main/95/2839458/1061831.pdf

https://news.cision.com/skanska/i/20190613-se-juvelen,c2640695

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

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Financials (SEK)
Sales 2019 164 B
EBIT 2019 6 640 M
Net income 2019 5 167 M
Debt 2019 8 134 M
Yield 2019 3,88%
P/E ratio 2019 14,2x
P/E ratio 2020 13,5x
EV / Sales2019 0,49x
EV / Sales2020 0,47x
Capitalization 72 966 M
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Number of Analysts 6
Average target price 155,00  SEK
Last Close Price 177,85  SEK
Spread / Highest target 0,08%
Spread / Average Target -12,8%
Spread / Lowest Target -20,7%
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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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