Skanska signs USD 136 million rail deal. SEB targets Skanska B stock at SEK 300

Published on 10/20/2026 at 10:23 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Q2 revenue reached SEK 48.03 billion against SEK 46.16 billion. Skanska B stock costs EUR 23.91 on October 20, 2026 during trading.

Rail contract and operating profile

Skanska signed a USD 136.00 million railroad contract on October 9, 2026.
Second-quarter 2026 revenue reached SEK 48.03 billion against SEK 46.16 billion a year earlier.
Skanska B stock trades at EUR 23.91 at 10:12 a.m. CEST at Lang & Schwarz on October 20, 2026.

Isometrische 3D-Illustration der Bauwertschöpfungskette von Planung bis Brücke — Skanska AB (SE0000113250) veranschaulicht isometrisch die Wertschöpfungskette vom Planungsentwurf bis zur fertigen Brücke, Illustration mit AI erstellt.

Skanska B (ISIN SE0000113250) signed a USD 136.00 million railroad improvement contract in the northeast United States on October 9, 2026. The company will include the project in its US order bookings for the third quarter, while Skanska B stock was trading at EUR 23.91 at Lang & Schwarz on October 20, 2026 at 10:12 a.m. CEST.

Three events shape the stock

On July 17, 2026, Skanska reported second-quarter revenue of SEK 48.03 billion, compared with SEK 46.16 billion in the second quarter of 2025, according to Skanska. The company's operating margin was 6.60 percent in the quarter, compared with 4.30 percent a year earlier.

On October 7, 2026, SEB upgraded Skanska to Buy from Hold and raised its price target from SEK 270.00 to SEK 300.00, according to Placera. SEB cited construction momentum but also identified development operations, especially in the United States, as a risk because of possible further write-downs.

On October 9, 2026, the railroad contract added USD 136.00 million to the US order pipeline. PR Newswire reported that work had begun and was expected to finish in December 2029.

What does the contract add?

The order is material against the latest quarterly revenue base, but it will enter order bookings rather than second-quarter revenue. That distinction matters for investors because the contract supports future workload while the margin signal still comes from execution in construction and risk control in development.

Next dates include two reports

Skanska's next interim report is scheduled for November 5, 2026, followed by its annual report on January 29, 2027, according to Affarsvarlden. The November release will show whether the US contract and other awards are translating into order growth and whether construction profitability remains above the prior-year level.

Stock quote and investor frame

Skanska B was trading at EUR 23.91 at Lang & Schwarz on October 20, 2026 at 10:12 a.m. CEST. The latest quarterly comparison combined SEK 48.03 billion of revenue with a 6.60 percent operating margin, giving investors two concrete markers before the November report. The further course of trading is shown by the continuously updated real-time quote of Skanska B stock.