Skanska AB (Skanska) is a provider of construction and property development services. It carries out the construction of airports, bridges, homes, hospitals, logistics properties, offices, power plants, schools, railways, roads, shopping centers, and tunnels. The company designs and develops single-family and multi-family housing for immediate sale. It serves government, private healthcare, and educational institutions, industrial, commercial development, and residential developers. Skanska also offers services in public-private partnerships for building construction, civil construction, and residential projects. The company has operations in Sweden, Norway, Denmark, Finland, Poland, Czech Republic, Slovakia, Hungary, Romania, the US, and the UK. Skanska is headquartered in Stockholm, Sweden.
Headquarters
Sweden
Address
Warfvinges Vag 25, Stockholm, 11274
Website
www.skanska.com
Telephone
46 10 4480000
No of Employees
27,891
Industry
Construction
Ticker Symbol & Exchange
SKA B (STO)
Revenue (2022)
$16.8B
-10.3%
(2022 vs 2021)
EPS
XXX
Net Income (2022)
XXX
-30.5%
(2022 vs 2021)
Market Cap*
$7.1B
Net Profit Margin (2022)
XXX
-22.6%
(2022 vs 2021)
* As of and is in US$
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Products and Services
| Services |
|---|
| Construction |
| Property Management |
| Project Development |
| XXX |
| XXX |
| XXX |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Contracts/Agreements | In January, Skanska USA secured US$30 million contract from the San Bernardino County Transportation Authority to lead the long-awaited replacement of Barstow's decrepit First Avenue Bridge. |
| 2023 | Contracts/Agreements | In January, the company signed an agreement with AB Kristianstadsbyggen to build six multi-family buildings with 137 apartments and three premises in Ostermalms Park, Kristianstad, Sweden. |
| 2023 | Contracts/Agreements | In January, the company signed a contract with a data center operator to build a data center in Phoenix, Arizona, the US. |
Competitor Comparison
| Key Parameters | Skanska AB | Vinci SA | Bouygues SA | Actividades de Construccion y Servicios SA | STRABAG SE |
|---|---|---|---|---|---|
| Headquarters | Sweden | France | France | Spain | Austria |
| City | Stockholm | Nanterre | Paris | Madrid | Wien |
| State/Province | - | - | Ile-de-France | Madrid | - |
| No. of Employees | 27,891 | 219,299 | 127,304 | 124,264 | 72,709 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Hans Biorck | Chairman | Executive Board | 2016 | 71 |
| Anders Danielsson | President; Chief Executive Officer | Senior Management | 2018 | 56 |
| Murphy McCullough | Chief Executive Officer - Skanska USA Commercial Development; President - Skanska USA Commercial Development | Senior Management | 2022 | - |
| Lena Hok | Executive Vice President | Senior Management | - | - |
| Charlie Foushee | Executive Vice President - Commercial Development | Senior Management | 2022 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XX |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XX |
| Non Dignissim Eros | Proin vel | Convallis | 2023 | XX |
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