Skanska wins USD 136 million contract and Skanska stock costs EUR 23.61

Published on 10/12/2026 at 09:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue rose 4.10 percent to SEK 48.03 billion. Skanska stock costs EUR 23.61 on October 12, 2026 before results on November 5, 2026.

Key points in brief

Skanska signed a USD 136.00 million railroad improvement contract in the northeastern United States on October 9, 2026.
Second-quarter 2026 revenue rose 4.10 percent to SEK 48.03 billion, while net income increased 53.00 percent to SEK 2.55 billion.
The Lang & Schwarz price was EUR 23.61 on October 12, 2026 at 9:05 a.m. CEST.
Skanska is scheduled to report third-quarter results on November 5, 2026.

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Skanska B (ISIN SE0000113250) was trading at EUR 23.61 at Lang & Schwarz on October 12, 2026 at 9:05 a.m. CEST as the company prepared to add a USD 136.00 million railroad contract to its United States order bookings. FinanzNachrichten reported on October 9, 2026 that Skanska had signed the northeastern US project, with completion expected in December 2029.

Three contracts build the backlog

On October 5, 2026, Skanska signed a USD 78.00 million contract amendment for a Western US education project, according to FinanzNachrichten. The work is scheduled for completion in 2029 and will enter US order bookings for the third quarter of 2026.

On the same date, Skanska won a USD 271.00 million US Coast Guard pier contract in Rhode Island, as Yahoo Finance reported. The project is targeted for completion in March 2030 and will also be booked in the third quarter of 2026.

What does the contract add?

The three disclosed US projects total USD 485.00 million in announced contract value. The railroad project alone represents USD 136.00 million and extends the order pipeline into 2029, but the long construction schedules also leave execution and cost-control risk visible.

Revenue and profit improved

Skanska's second-quarter 2026 revenue rose 4.10 percent to SEK 48.03 billion, while net income increased 53.00 percent to SEK 2.55 billion, according to Simply Wall St. Earnings per share reached SEK 6.17 in the quarter, up from SEK 4.05 in the second quarter of 2025, giving the contract news a stronger operating backdrop.

Upcoming reporting dates

Simply Wall St lists November 5, 2026 as Skanska's next earnings date and March 31, 2027 as the date of its annual general meeting.

Stock price and valuation context

The Lang & Schwarz quote stood at EUR 23.61 on October 12, 2026 at 9:05 a.m. CEST. The primary-market quote was SEK 264.30 on Nasdaq Stockholm at 9:05 a.m. CEST, with a market capitalization of SEK 104.3 billion and a 52-week range of SEK 233.00 to SEK 286.80. The further course of trading is shown by the continuously updated real-time quote of Skanska B stock.