Skanska B stock gets a USD 271 million U.S. pier contract

Published on 10/04/2026 at 11:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Skanska B stock was last at SEK 278.40 on October 2, 2026, below its SEK 286.80 52-week high. Q2 revenue rose 4.1 percent to SEK 48.0 billion.

Schwarzweiß-Reportagefoto von Arbeitern beim Schweißen auf einer Brückenbaustelle — Skanska AB (SE0000113250) dokumentiert schwarzweiß Bauarbeiter beim Schweißen auf einer großen Brückenbaustelle, Illustration mit AI erstellt.

Skanska B (SE0000113250) was last at SEK 278.40 on Nasdaq Stockholm on October 2, 2026, 2.93 percent below its 52-week high of SEK 286.80. The company added a USD 271 million U.S. Coast Guard pier contract to its construction pipeline, giving the stock a fresh project-driven catalyst.

U.S. pier adds backlog visibility

According to RTTNews on October 2, 2026, Skanska signed the contract with NAVFAC Mid-Atlantic for a new homeport pier at Naval Station Newport in Rhode Island. The project is scheduled for completion in March 2030 and will enter Skanska's U.S. order bookings for Q3 2026.

The order matters because it extends visibility in public infrastructure, but its long construction timeline also leaves execution and cost control as the central operational test.

Q2 revenue rose 4.1 percent

Simply Wall St reports that Q2 2026 revenue reached SEK 48.0 billion, up 4.1 percent from Q2 2025, while net income rose 53 percent to SEK 2.55 billion. Q2 adjusted earnings per share increased to SEK 6.17 from SEK 4.05.

Skanska's investor page reports a 4.3 percent rolling-12-month operating margin in Construction for Q2 2026, alongside 10.8 percent return on equity, placing operating execution alongside order growth in the current investment picture.

Analysts see a measured upside

MarketScreener lists a Buy consensus from 9 analysts and an average price target of SEK 287.50. The target is above the October 2 reference price, while the gap is modest enough to keep earnings delivery and project margins central to the valuation debate.

MarketScreener also lists November 5, 2026, as Skanska's Q3 2026 earnings release date, giving investors the next scheduled test of order conversion and profitability.

Skanska B stays below its yearly high

Skanska B was last at SEK 278.40 on Nasdaq Stockholm on October 2, 2026. Its 52-week range was SEK 233.00 to SEK 286.80, while market capitalization stood at SEK 115.3 billion.