Skanska stock holds steady after a contract-rich week
Published on 08/19/2026 at 20:24 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Skanska AB (publ) (SE0000113250) closed at 262.30 SEK on August 19, 2026, with a market value of 108.613 billion SEK and a 52-week range of 228.20 to 281.70 SEK. The latest company catalyst was a promotion in its U.S. business, while the stock still trades 1.80% below its five-day high and 10.06% higher year to date.
## Management move in the US
Skanska announced on August 19, 2026, that it promoted Anubhav Bhargava to executive vice president and general manager of its New England operating unit. The company said his remit covers strategy, performance, and growth across that business line, adding another visible change inside a construction group that had already been posting sizable contract wins in the US.
## Q2 numbers stay central
The most recent reported quarter was Q2 FY26, when revenue reached 48.03 billion SEK and earnings came in at 2.55 billion SEK. That translated into EPS of 4.27, versus an estimate of 4.15, while the stock also carries a trailing P/E of 16.43 and an EV/EBITDA multiple of 9.52.
Relative to the same quarter in the company overview, the 4.27 EPS result was 0.12 above the estimate, and the share price now sits within 6.8% of the 52-week high of 281.70 SEK. For investors, the mix of a 3.96% year-to-date gain and a 1-year return of 8.70% shows a steadier path than the broader Swedish benchmark in the same snapshot.
Go deeper
The company's core business spans construction, residential development, commercial property development, and investment properties, with activity in the Nordics, Europe, and the United States. That footprint matters because the reported Q2 FY26 revenue of 48.03 billion SEK came on top of a business that also listed 26,363 full-time employees in the latest profile view.
Product and portfolio
Skanska's construction portfolio ranges from schools and hospitals to transit systems, highways, tunnels, data centers, and advanced manufacturing facilities. The latest news flow also included light rail, data center, and public works contracts in the US, which fits the group’s project-heavy model and helps explain why order visibility often matters as much as quarterly revenue.
Stock level and outlook
Skanska stock last traded at 262.30 SEK on August 19, 2026, and the quote snapshot showed a bid-ask range of 263.10 SEK to 263.10 SEK. Analyst price targets in the same market view ranged from 240.00 SEK to 305.00 SEK, with 280.00 SEK as the average.
Fact box
Company: Skanska AB (publ)
ISIN: SE0000113250
Ticker: SKA-B.ST
Exchange: Stockholm - delayed quote
Price (as of August 19, 2026, 5:29 p.m. GMT+2): SEK 262.30
Market cap: SEK 108.613 billion
Sector / Industry: Industrials / Engineering & Construction
Index membership: OMX Stockholm 30
