Skanska AB (publ) (SKA-B.ST)
Skanska AB (publ) operates in the Engineering & Construction industry of the Industrials sector, headquartered in Stockholm, AB, SE. The stock last traded at $280.60, up 0.97% on the session, giving a market capitalisation of $110.72B. Its beta of 0.85 implies it has historically moved less than the broad market.
Skanska AB (publ) is a prominent firm specializing in construction and property development, with operations spanning the Nordic countries, Europe, and the United States. Its business activities are organized into three primary divisions: Construction, Residential Property Development, and Commercial Property Development. Within its Construction division, the company undertakes the creation of a wide array of infrastructure and buildings, including bridges, roadways, ports, docks, healthcare facilities, homes, and educational institutions. The Residential Property Development arm focuses on conceiving and marketing various housing initiatives, encompassing both individual residences and multi-unit dwellings. Meanwhile, its Commercial Property Development unit is responsible for identifying, funding, constructing, leasing out, and ultimately selling commercial real estate assets. Furthermore, Skanska manufactures essential building supplies such as asphalt, various forms of gravel, rock, specific road construction materials, macadam, and concrete. Beyond its core segments, the enterprise is involved in building new structures and refurbishing existing ones. It also delivers infrastructure services covering operational management, upkeep, and new builds, provides stone restoration expertise, and offers machinery and equipment for hire. Established in 1887, Skanska AB (publ) maintains its principal office in Stockholm, Sweden.
Skanska AB (publ) is most often compared with the following Industrials names: