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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 new schools in Vancouver, Washington, USA, for USD 44 M, about SEK 390 M

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01/11/2019 | 03:31am EDT

Skanska has signed an additional contract with the Vancouver School District in Washington, USA, to build two new adjacent schools on an existing site. The additional contract is worth USD 44 M, about SEK 390 M, which will be included in US order bookings for the fourth quarter 2018.  

This brings the total contract amount to USD 78 M, about SEK 700 M. The initial contract was announced in October 2018.

Construction will be completed in December 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:

Terri-Ann Betancourt, Director Communications West Coast, tel + 1 206 494 54 40

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-signs-contract-for-new-schools-in-vancouver--washington--usa--for-usd-44-m--about-sek-390-m,c2715368

https://mb.cision.com/Main/95/2715368/974774.pdf

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

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Financials (SEK)
Sales 2019 164 B
EBIT 2019 6 108 M
Net income 2019 5 153 M
Finance 2019 3 618 M
Yield 2019 4,26%
P/E ratio 2019 13,99
P/E ratio 2020 13,08
EV / Sales 2019 0,40x
EV / Sales 2020 0,39x
Capitalization 68 429 M
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Number of Analysts 8
Average target price 165  SEK
Spread / Average Target -3,6%
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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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