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.
| Type | Public | |
| Founded | 1887 | |
| HQ | Stockholm, SE | Map |
| Website | group.skanska.com |
Recent NewsAll News
- Skanska divests remaining ownership in Bank of America Tower in Houston, USA, for approximately USD 24M, about SEK 200M
- Skanska rehabilitates sections of the Pulaski Skyway in Jersey City, New Jersey , USA, for USD 161M, about SEK 1.4 billion
- Skanska improves corporate campus in New York, USA, for USD 248M, about SEK 2.1 billion
- Skanska builds municipal health lab in Harlem, New York, USA, for USD 448M, about SEK 3.8 billion
Key People/Management at Skanska
Anders Danielsson
President and Chief Executive Officer
Caroline Fellenius-Omnell
Executive Vice President, General Counsel
Magnus Persson
Executive Vice President, Chief Financial Officer
Richard Kennedy
Executive Vice President
Claes Larsson
Executive Vice President
Kirsi Mettälä
Executive Vice President
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
Skanska Financials and Metrics
Skanska Revenue
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.
- Source: Company Filings
Annual
- Source: Company Filings
Annual
- Source: Company Filings
Annual
Quarterly
| SEK | Q1, 2018 | Q2, 2018 | Q3, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 |
|---|---|---|---|---|---|---|---|---|---|
Cash From Operating Activities | (249.0m) | 795.0m | 1.5b | (320.0m) | (1.1b) | (2.7b) | 2.2b | 4.5b | 6.5b |
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) |
- Source: Company Filings
| SEK | Q1, 2018 |
|---|---|
Debt/Equity | 0.4 x |
Debt/Assets | 0.1 x |
Financial Leverage | 3.9 x |
Skanska Operating Metrics
| FY, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 | FY, 2018 | Q1, 2019 | Q2, 2019 | Q3, 2019 | FY, 2019 | Q1, 2020 | Q2, 2020 | Q3, 2020 | FY, 2020 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Homes Sold Total | 4.29 k | 615 | 1.49 k | 2.21 k | 3.65 k | 740 | 1.59 k | 2.33 k | 3.85 k | 911 | 1.31 k | 2.88 k | 3.99 k |
Homes in Production | 7.24 k | 7.51 k | 7.56 k | 7.54 k | 7.54 k | 6.45 k | 6.51 k | 6.51 k | 7.13 k | 6.95 k | 6.33 k | 6.64 k | 6.95 k |
Order Backlog | kr188.4 b | kr190.9 b | kr197.6 b | kr186.3 b | kr192 b | kr192 b | kr184 b | kr183.7 m | kr185.4 b | kr199 b | kr189 b | kr182.9 b | kr178.9 b |
Order Book | kr151.8 b | kr32.9 b | kr39.1 b | kr30.6 b | kr151.7 b | kr27.3 b | kr34.6 b | kr34.9 b | kr145.8 b | kr41.3 b | kr78.2 b | kr110 b | kr149.8 b |
Skanska Acquisitions / Subsidiaries
| Company Name | Date | Deal Size |
|---|---|---|
| Birka Markbyggnad AB | December 30, 2013 | |
| Eshacold Danmark A/S | December 29, 2011 | |
| Industrial Contractors Inc | December 29, 2011 | |
| Marthinsen & Duvholt AS | December 28, 2011 | |
| PUDiZ Group | December 14, 2011 | |
| Soraset Yhtiöt Oy | October 11, 2011 | |
| SkyBau | December 07, 2010 | |
| TKI | December 07, 2010 | |
| Stamart | December 30, 2006 | |
| Klimavex | November 03, 2004 |
Skanska Revenue Breakdown
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
Human Capital Metrics
Skanska Cybersecurity Score
Skanska Environment, Social & Governance (ESG) Ratings
Skanska Online and Social Media Presence
25.06k Twitter followers
Skanska has 25.06k Twitter Followers. The number of followers has decreased 0.4% quarter over quarter
Skanska's Trends
Twitter Engagement Stats for @SkanskaGroup
3.8k
Tweets
188
Following
25.1k
Followers
22
Tweets last 30 days
1.4
Avg. likes per Tweet
81.8%
Tweets with engagement
Skanska News and Updates
July 15, 2021
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...
July 08, 2021
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...
July 07, 2021
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...
July 05, 2021
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...
July 05, 2021
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...
June 28, 2021
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....
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.
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