Skanska signs SEK 310 million care deal: SEB raises target for Skanska B stock

Published on 10/19/2026 at 09:29 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

SEB lifted its target from SEK 270 to SEK 300 on October 7, 2026. Skanska B stock costs EUR 23.91 on October 19, 2026 with Q2 revenue of SEK 48.03 billion.

Contract and earnings context

Skanska announced a SEK 310 million Norwegian care center project on October 16, 2026.
Second-quarter 2026 revenue reached SEK 48.03 billion, up 4.10 percent year over year.
Skanska B stock trades at EUR 23.91 at 9:23 a.m. CEST at Lang & Schwarz on October 19, 2026.
SEB raised its target from SEK 270 to SEK 300 on October 7, 2026.

Börsen-Handelssaal mit großen Bildschirmen und Charts zum Baugewerbe-Sektor — Skanska AB (SE0000113250) wird redaktionell dargestellt als Handelssaal mit Bau-Sektor-Charts auf großen Bildschirmen, Illustration mit AI erstellt.

Skanska B (ISIN SE0000113250) is priced at EUR 23.91 at Lang & Schwarz on October 19, 2026 at 9:23 a.m. CEST. A Norwegian care center project worth SEK 310 million was the latest announced contract, while second-quarter revenue reached SEK 48.03 billion. The combination keeps order intake and construction margins central to the stock story.

New Norwegian project adds visibility

Skanska signed an agreement to build a care and health center in Egersund, Norway, for NOK 320 million, equivalent to about SEK 310 million, according to a Cision release listed by Affarsvarlden on October 16, 2026. The project expands Skanska's Norwegian social infrastructure activity and gives the construction segment another public-sector assignment.

The contract follows a USD 136 million railroad improvement project in the northeastern United States. PR Newswire reported on October 9, 2026 that the order will enter Skanska's US order bookings for the third quarter of 2026 and is scheduled for completion in December 2029.

What does the margin mean?

Skanska's second-quarter 2026 revenue rose 4.10 percent year over year to SEK 48.03 billion, while operating profit reached SEK 2.37 billion, according to the company's investor-relations page. The operating margin in the construction business was 4.30 percent on a rolling 12-month basis, and return on equity was 10.80 percent. Skanska published the second-quarter interim report on July 17, 2026.

Three dated developments

On October 7, 2026, SEB raised its Skanska target from SEK 270 to SEK 300, as listed by Affarsvarlden. On October 9, Skanska announced the USD 136 million railroad contract through PR Newswire. On October 16, the company announced the SEK 310 million Norwegian care center project, listed by Affarsvarlden.

Next results arrive November 5

The next quarterly report is scheduled for November 5, 2026, according to the company's financial calendar listed by Affarsvarlden. That date will give investors the next direct update on order bookings, project development and margin performance.

Stock price and investor view

For investors, the key balance is between Skanska's expanding infrastructure pipeline and the margin discipline required to convert contracts into earnings. The latest projects add order visibility, while the second-quarter figures show that revenue growth alone does not settle the profitability question.

Skanska B was trading at EUR 23.91 at Lang & Schwarz on October 19, 2026 at 9:23 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Skanska B stock.