Skanska B with clear analyst consensus, shares in the Nordic construction sector focus

Skanska B sits in the European construction peer group alongside NCC and Peab, with a stable analyst consensus and a full project pipeline across the Nordics, Central Europe and the US.

By Anna Wagner, Analysts & Consensus desk. Reviewed prior to publication on 2026-06-23, 14:31.

Skanska B (SE0000113250) is one of the larger construction names on Nasdaq Stockholm and a long-standing member of the OMX Nordic sector universe. Consensus data shows a stable analyst view on the shares, with a mix of Buy and Hold recommendations across the Swedish coverage universe.

What current estimates signal

Analysts following Skanska B track the group in the context of Nordic peers such as NCC and Peab, focusing on margins in construction and capital allocation between projects and commercial property development. Market platforms summarizing broker views indicate a balanced distribution of Buy and Hold ratings for the shares, with only a minority of underweight calls in the current cycle, according to aggregated consensus data from platforms such as MarketScreener and Swedish broker summaries.

For 2026 and 2027, the analyst community expects Skanska to maintain a solid order backlog in its core Nordic and European construction activities, while monitoring profitability in the US operations where competition is intense and project execution is key, as noted in recent sector commentary from Nordic investment banks covering construction and infrastructure names.

How Skanska sits in its peer group

Within the Nordic construction sector, Skanska is often compared with NCC and Peab on valuation ratios such as price-to-earnings and price-to-book, as well as on dividend yield and balance sheet strength. Sector observers highlight that Skanska’s geographic diversification, with meaningful exposure to the United States alongside Sweden and other European markets, provides a broader project base than some domestic-focused peers, according to recent market commentary on European construction stocks.

Institutional investors in Stockholm follow Skanska as part of the wider European construction and infrastructure basket, where names like Vinci in France and Hochtief in Germany also feature prominently, and the stock’s inclusion in major Nordic indices keeps it on the radar of index and ETF investors focused on the OMX family.

Where Skanska earns its money

Skanska generates revenue primarily from large-scale construction contracts, infrastructure projects such as roads, rail and bridges, and commercial property development in markets including Sweden, Norway, Finland, Central Europe, the United Kingdom and the United States. The group also develops and sells commercial properties to long-term investors, adding a recurring development profit component to its more cyclical construction earnings.

The listing in brief

The Skanska B shares (SE0000113250) trade on Nasdaq Stockholm in Swedish kronor, with the current price and market capitalization published continuously by the exchange and Swedish financial data providers.

Key data on the Skanska B shares

• Company: Skanska AB
• ISIN: SE0000113250
• WKN: 858394
• Ticker: SKA B
• Trading venue: Nasdaq Stockholm
• Price (as of 2026-06-23, 14:30): [price] SEK
• Market cap: [market cap] SEK (as of 2026-06-23)
• Sector / industry: Construction and engineering
• Index membership: OMX Stockholm benchmarks and Nordic sector indices
• Next earnings date: not officially scheduled

This text is for information purposes only and does not constitute investment advice or a solicitation to buy or sell any securities. All data are based on sources considered reliable, but accuracy and completeness cannot be guaranteed. Investors should conduct their own research or consult a professional adviser before making investment decisions.