SKA-B 📈 Skanska AB (publ) - Overview

Skanska AB (publ) is a multinational construction and project development company with a significant presence in the Nordic region, Europe, and the United States. The company's operations are diversified across four primary segments: Construction, Residential Development, Commercial Property Development, and Investment Properties. The Construction segment is responsible for building a wide range of infrastructure and buildings, including schools, hospitals, healthcare facilities, science laboratories, transportation systems such as rails, subways, airports, highways, bridges, and tunnels, as well as offices and homes. This segment's activities are crucial for supporting economic growth, improving quality of life, and enhancing connectivity in the regions where Skanska operates.

The Residential Development segment focuses on developing, building, and selling residential projects, catering to the needs of individuals and families by offering single and multi-family housing solutions. This segment plays a vital role in addressing housing demands in various markets, contributing to the development of sustainable and thriving communities. In contrast, the Commercial Property Development segment is involved in the initiation, development, leasing, and divestment of commercial properties, including offices, life-science facilities, logistics warehouses, and residential rental properties. This segment's activities are designed to meet the evolving needs of businesses and organizations, providing them with modern, efficient, and well-located spaces to operate.

Skanska AB (publ) also has an Investment Properties segment, which is responsible for owning and managing a portfolio of investment properties. This includes a range of assets, such as office buildings, retail spaces, and industrial properties, which generate rental income and can appreciate in value over time. In addition to its core construction and development activities, the company produces various construction materials, including asphalt, gravel, rock, concrete, and macadam, which are used in its projects and also sold to third-party customers. Furthermore, Skanska provides infrastructure services, including operation, maintenance, and construction work, as well as rental services for machines and equipment, supporting the efficient execution of projects and the maintenance of existing infrastructure.

With a history dating back to 1887, Skanska AB (publ) has established itself as a leading player in the construction and project development industry, with its headquarters located in Stockholm, Sweden. The company's website, https://group.skanska.com, provides detailed information about its operations, projects, and services. Skanska's common stock is traded under the ISIN code SE0000113250, and the company is classified under the GICS Sub Industry category of Research & Consulting Services, although its primary activities are focused on construction, development, and infrastructure services.