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    SKA B   SE0000113250

SKANSKA AB

(SKA B)
  Report
Delayed Quote. Delayed Nasdaq Stockholm - 12/02 11:29:33 am
213.5 SEK   -0.51%
08:38aSkanska - Carolina swapped jewelry for concrete
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08:38aSkanska - Skelleftea Site East winner at Green Building Awards 2021
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11/30Conversion of shares in Skanska AB
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SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector news

Port Authority Pauses LaGuardia AirTrain Work as It Reviews Potential Alternatives

10/12/2021 | 05:58pm EST

By Josh Beckerman

The Port Authority of New York and New Jersey will "pause further action" on the LaGuardia AirTrain project as it reviews potential alternative projects.

In a setback for the project last week, New York Gov. Kathy Hochul asked the Port Authority to "thoroughly examine alternative mass transit solutions for reducing car traffic and increasing connectivity to LaGuardia Airport."

In July, a Federal Aviation Administration issued a decision allowing the Port Authority to proceed with its proposal. The next month, the Port Authority announced a short list of four teams for AirTrain procurement. One included Skanska USA and Alstom Transportation Inc., while participants in the others included Tutor Perini Corp.

The FAA's Record of Decision discussed the lack of a train to LaGuardia and traffic congestion levels, noting that "over the past 30 years, various agencies have conducted multiple studies to improve transit access to LGA," and said other options--including subway extensions--faced issues such as financial constraints. Critics of the AirTrain project and the review process have included Riverkeeper and U.S. Rep. Alexandria Ocasio-Cortez.

Write to Josh Beckerman at josh.beckerman@wsj.com

(END) Dow Jones Newswires

10-12-21 1757ET

Stocks mentioned in the article
ChangeLast1st jan.
ALSTOM -2.87% 31.11 Real-time Quote.-31.28%
SKANSKA AB -0.51% 213.5 Delayed Quote.2.34%
TUTOR PERINI CORPORATION 2.08% 12.77 Delayed Quote.-3.40%
All news about SKANSKA AB
08:38aSkanska - Carolina swapped jewelry for concrete
AQ
08:38aSkanska - Skelleftea Site East winner at Green Building Awards 2021
AQ
11/30Conversion of shares in Skanska AB
AQ
11/25Skanska Spends $22 Million on Phase-Two Development of Port7 Project in Czech Republic
MT
11/25Skanska invests EUR 20M, about SEK 200M, in the second phase of the Port7 office buildi..
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11/25Skanska Invests EUR 20 Million, About SEK 200 Million, in the Second Phase of the Port7..
CI
11/24Sweden's Skanska Buys Finnish Development Property for $26 Million
MT
11/24Skanska invests EUR 23M, about SEK 230M in a commercial development property in Espoo, ..
AQ
11/24Skanska Invests EEUR 23 Million in Commercial Development Property in Espoo, Finland
CI
11/24SKANSKA AB (OM : SKA B) acquired Commercial development property in Espoo from MSD Finland..
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More news
Analyst Recommendations on SKANSKA AB
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Financials
Sales 2021 142 B 15 673 M 15 673 M
Net income 2021 7 188 M 795 M 795 M
Net cash 2021 4 926 M 545 M 545 M
P/E ratio 2021 12,4x
Yield 2021 4,32%
Capitalization 88 481 M 9 783 M 9 788 M
EV / Sales 2021 0,59x
EV / Sales 2022 0,52x
Nbr of Employees 29 584
Free-Float 84,4%
Chart SKANSKA AB
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Technical analysis trends SKANSKA AB
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 5
Last Close Price 214,60 SEK
Average target price 250,20 SEK
Spread / Average Target 16,6%
EPS Revisions
Managers and Directors
Anders Danielsson President & Chief Executive Officer
Magnus Persson Chief Financial Officer & Executive VP
Hans Torsten Gunnar Bi÷rck Chairman
Anders Candell Senior Vice President-Information Technology
Anders G÷ransson Senior Vice President-Internal Audit & Compliance
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