OverviewSuggest Edit

Skanska is a project development and construction company. It operates in three segments: Construction, Residential Development, and Commercial Property Development. The Construction segment includes both building construction and civil construction. The Residential Development segment develops residential projects for immediate sale. The Commercial Property Development segment initiates, develops, leases, and divests commercial property projects.
TypePublic
Founded1887
HQStockholm, SE
Websitegroup.skanska.com

Latest Updates

Employees (est.) (Dec 2020)30,944(-7%)
Job Openings473
Revenue (FY, 2020)KR160.3 B(-7%)
Share Price (Jul 2021)KR243
Cybersecurity ratingBMore

Key People/Management at Skanska

Anders Danielsson

Anders Danielsson

President and Chief Executive Officer
Caroline Fellenius-Omnell

Caroline Fellenius-Omnell

Executive Vice President, General Counsel
Magnus Persson

Magnus Persson

Executive Vice President, Chief Financial Officer
Richard Kennedy

Richard Kennedy

Executive Vice President
Claes Larsson

Claes Larsson

Executive Vice President
Kirsi Mettälä

Kirsi Mettälä

Executive Vice President
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Skanska Office Locations

Skanska has offices in Stockholm, Atlanta, Blue Bell, Boston and in 34 other locations
Stockholm, SE (HQ)
25 Warfvinges väg
Prague, CZ
Křižíkova 682, Florenc
København, DK
Havneholmen 25
Helsinki, FI
Nauvontie 18
Budapest, HU
96-98 Váci út, A2 épület, 3. emelet
Oslo, NO
Lakkegata 53
Show all (41)

Skanska Financials and Metrics

Skanska Revenue

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Skanska's revenue was reported to be kr160.34 b in FY, 2020 which is a 7.2% decrease from the previous period.
SEK

Revenue (FY, 2020)

160.3b

Revenue growth (FY, 2019 - FY, 2020), %

(7.2%)

Gross profit (FY, 2020)

16.9b

Gross profit margin (FY, 2020), %

10.5%

Net income (FY, 2020)

9.9b

EBIT (FY, 2020)

12.6b

Market capitalization (30-Jul-2021)

100.2b

Closing stock price (30-Jul-2021)

243.0

Cash (31-Dec-2020)

19.5b

EV

95.8b
Skanska's current market capitalization is kr100.2 b.
Annual
SEKFY, 2018FY, 2019FY, 2020

Revenue

171.7b172.8b160.3b

Revenue growth, %

9%1%(7%)

Cost of goods sold

157.5b156.5b143.5b

Gross profit

14.3b16.3b16.9b
Quarterly
SEKQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Revenue

34.7b43.5b43.1b37.1b42.6b42.5b40.3b40.7b36.7b

Cost of goods sold

32.3b40.0b40.0b34.1b38.6b39.1b36.8b35.8b33.2b

Gross profit

2.4b3.5b3.1b3.0b4.0b3.4b3.6b4.9b3.5b

Gross profit Margin, %

7%8%7%8%9%8%9%12%9%
Annual
SEKFY, 2018FY, 2019FY, 2020

Cash

10.7b8.7b19.5b

Accounts Receivable

20.3b20.2b13.3b

Inventories

1.3b1.1b1.1b

Current Assets

95.8b100.9b105.0b
Quarterly
SEKQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash

5.5b3.5b4.3b8.3b4.3b3.2b12.2b13.3b14.9b

Inventories

1.2b1.3b1.2b1.3b1.2b1.1b1.1b1.1b1.1b

Current Assets

90.0b94.4b96.0b99.2b100.3b102.4b106.3b103.9b106.4b

PP&E

7.1b7.6b7.7b8.0b7.8b7.8b7.7b7.3b7.1b
Annual
SEKFY, 2018FY, 2019FY, 2020

Cash From Operating Activities

9.5b6.0b11.3b

Purchases of PP&E

(2.4b)(2.6b)(1.5b)

Cash From Investing Activities

(2.4b)(1.2b)1.6b

Long-term Borrowings

(1.6b)(6.2b)(8.9b)
Quarterly
SEKQ1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020

Cash From Operating Activities

(249.0m)795.0m1.5b(320.0m)(1.1b)(2.7b)2.2b4.5b6.5b

Purchases of PP&E

(764.0m)

Cash From Investing Activities

(405.0m)(1.4b)(1.8b)(591.0m)(268.0m)(112.0m)(237.0m)(1.1b)(225.0m)

Dividends Paid

(63.0m)(3.5b)(3.5b)(2.5b)(2.5b)(24.0m)(69.0m)
SEKQ1, 2018

Debt/Equity

0.4 x

Debt/Assets

0.1 x

Financial Leverage

3.9 x
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Skanska Acquisitions / Subsidiaries

Company NameDateDeal Size
Birka Markbyggnad ABDecember 30, 2013
Eshacold Danmark A/SDecember 29, 2011
Industrial Contractors IncDecember 29, 2011
Marthinsen & Duvholt ASDecember 28, 2011
PUDiZ GroupDecember 14, 2011
Soraset Yhtiöt OyOctober 11, 2011
SkyBauDecember 07, 2010
TKIDecember 07, 2010
StamartDecember 30, 2006
KlimavexNovember 03, 2004
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Skanska Revenue Breakdown

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Skanska revenue breakdown by business segment: 8.9% from Commercial Property Development, 7.8% from Residential Development and 83.4% from Construction

Skanska revenue breakdown by geographic segment: 13.7% from UK, 55.3% from USA, 11.0% from Norway and 19.9% from Other

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Skanska Cybersecurity Score

Cybersecurity ratingPremium dataset

B

85/100

SecurityScorecard logo

Skanska Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

60-79

out of 100

CSRHub logo

Skanska Online and Social Media Presence

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Skanska News and Updates

Skanska divests remaining ownership in Bank of America Tower in Houston, USA, for approximately USD 24M, about SEK 200M

ÖSTERSUND, Sweden, July 15, 2021 /PRNewswire/ -- Skanska has sold their remaining 10 percent ownership stake in Bank of America Tower in Houston, Texas, USA, for approximately USD 24M, about SEK 200M, to an affiliate of Beacon Capital Partners. The transaction will be recorded by Skanska...

Skanska rehabilitates sections of the Pulaski Skyway in Jersey City, New Jersey , USA, for USD 161M, about SEK 1.4 billion

ÖSTERSUND, Sweden , July 8, 2021 /PRNewswire/ -- Skanska has signed a contract with New Jersey Department of Transportation (NJDOT) to rehabilitate sections of the Pulaski Skyway in Jersey City, New Jersey, USA. The contract is worth USD 161M, about SEK 1.4 billion, which will be included...

Skanska improves corporate campus in New York, USA, for USD 248M, about SEK 2.1 billion

ÖSTERSUND, Sweden, July 7, 2021 /PRNewswire/ -- Skanska has signed a contract to make improvements to an existing corporate campus in Long Island, New York, USA, worth USD 248M, about SEK 2.1 billion, which will be included in the US order bookings for the second quarter 2021. Work began...

Skanska builds municipal health lab in Harlem, New York, USA, for USD 448M, about SEK 3.8 billion

OSTERSUND, Sweden, July 5, 2021 /PRNewswire/ -- Skanska has signed a contract with the New York City Economic Development Corporation (NYCEDC) to construct a new municipal health lab in Harlem, New York, USA. The contract is worth USD 448M, about SEK 3.8 billion, which will be included in...

Skanska constructs raw water tunnel in Norway for about NOK 3.4 billion, about SEK 3.4 billion

ÖSTERSUND, Sweden, July 5, 2021 /PRNewswire/ -- Skanska has signed a contract with the Agency for Water and Sewage in Oslo Municipality to construct a raw water tunnel between Hole municipality and Oslo, Norway. The contract is worth about NOK 3.4 billion, about SEK 3.4 billion, which...

Skanska builds distribution facility in Maspeth, New York, USA, for USD 110M, about SEK 930M

ÖSTERSUND, Sweden, June 28, 2021 /PRNewswire/ -- Skanska has signed a contract with FedEx Ground to construct a new distribution facility in Maspeth, New York, USA. The contract is worth USD 110M, about SEK 930M, which will be included in the US order bookings for the second quarter 2021....
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Skanska Frequently Asked Questions

  • When was Skanska founded?

    Skanska was founded in 1887.

  • Who are Skanska key executives?

    Skanska's key executives are Anders Danielsson, Caroline Fellenius-Omnell and Magnus Persson.

  • How many employees does Skanska have?

    Skanska has 30,944 employees.

  • What is Skanska revenue?

    Latest Skanska annual revenue is kr160.3 b.

  • What is Skanska revenue per employee?

    Latest Skanska revenue per employee is kr5.2 m.

  • Who are Skanska competitors?

    Competitors of Skanska include Ferrovial, Balfour Beatty and Peab.

  • Where is Skanska headquarters?

    Skanska headquarters is located at 25 Warfvinges väg, Stockholm.

  • Where are Skanska offices?

    Skanska has offices in Stockholm, Atlanta, Blue Bell, Boston and in 34 other locations.

  • How many offices does Skanska have?

    Skanska has 41 offices.