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

SKANSKA

(SKA B)
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Skanska : signs contract for Emergency Department Expansion and Renovation in Boston, USA, for USD 45.6 M, about SEK 430 M

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06/12/2019 | 06:01am EDT

Skanska has signed a USD 45.6 M contract, about SEK 430 M, for an emergency department expansion and renovation for Brigham and Women's Hospital in Boston, MA. The contract will be included in order bookings for Skanska USA in the second quarter of 2019.

The expansion and renovation will be multi-phased, and the emergency department will be operating throughout. The first phase will include the expansion into about 2,300 square meters of space adjacent to the emergency department, while the second and third phases include the demolition and reconfiguration of the existing emergency department. Additionally, there will be major upgrades to the Power and HVAC Systems throughout the Hospital.

Construction began in March 2019 and is scheduled to be complete by late 2021.

Skanska is one of the leading construction and development companies in USA, specializing in building construction, civil infrastructure and developing commercial properties in select U.S. markets. Skanska USA had sales of SEK 67 billion and about 9,000 employees in its operations in 2018.

For further information please contact:

Pamela Monastra, Senior Vice President, tel + 1 404 946 7533

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

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 38,000 employees. Skanska's sales in 2018 totaled SEK 170 billion.

https://news.cision.com/skanska/r/skanska-signs-contract-for-emergency-department-expansion-and-renovation-in-boston--usa--for-usd-45-,c2838740

https://mb.cision.com/Main/95/2838740/1061283.pdf

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

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Financials (SEK)
Sales 2019 164 B
EBIT 2019 6 553 M
Net income 2019 5 123 M
Debt 2019 8 134 M
Yield 2019 3,87%
P/E ratio 2019 14,3x
P/E ratio 2020 13,5x
EV / Sales2019 0,50x
EV / Sales2020 0,47x
Capitalization 73 109 M
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Mean consensus UNDERPERFORM
Number of Analysts 6
Average target price 155,00  SEK
Last Close Price 178,20  SEK
Spread / Highest target -0,11%
Spread / Average Target -13,0%
Spread / Lowest Target -20,9%
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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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