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

SKANSKA

(SKA B)
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Skanska : to build elementary school in Auburn, Washington, USA for USD 39M, SEK 370M

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06/18/2019 | 01:31am EDT

Skanska USA has signed a contract with the Auburn School District to build the Dick Scobee Elementary School in Auburn, Washington, USA. The contract is worth USD 39M, about SEK 370M, which will be included in US order bookings for the second quarter 2019.

The new 24,000-square-meter facility will serve 650 students in kindergarten through fifth grades. The project will replace an existing school and include general and specialty classrooms, administration offices, a gymnasium, a library, a kitchen and a covered play area. Improvements to the 9-acre site will include a playground, playfields, student pick-up and drop-off areas, bus loading, as well as staff and visitor parking. There will also be space configured for six future portable classrooms.

Construction will begin on July 1, 2019 and is scheduled for completion in July 2020.

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:

Terri-Ann Betancourt, Director of Communications, Skanska USA, tel +1 206 494 5440

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 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-to-build-elementary-school-in-auburn--washington--usa-for-usd-39m--sek-370m,c2842804

https://mb.cision.com/Main/95/2842804/1064168.pdf

(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%
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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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