Skanska
Skanska AB is a global construction and project development company headquartered in Sweden. It operates in the Nordics, Europe, and the USA, focusing on creating innovative and sustainable solutions in construction and property development. The company is known for its strong order backlog and diverse portfolio, including residential, commercial, and investment properties. Skanska's strategic focus on sustainability and market adaptability has positioned it as a key player in the construction industry.
Fiscal year 2025 · change from previous year
Development 2021–2025
Business
Share of revenueIncludes building and civil construction services.
Development of residential projects for sale.
Development and sale of commercial properties.
Management and growth of property portfolio.
Advisory and management services for construction projects.
Customers
Skanska serves a diverse range of customers across its operating regions. In the construction segment, clients include government bodies, private companies, and public institutions seeking infrastructure and building projects. Residential development targets individual homebuyers and real estate investors looking for sustainable and modern living spaces. Commercial property development caters to businesses and investors seeking high-quality office and retail spaces. The company's investment properties attract long-term investors interested in stable returns from a managed property portfolio.
Procure infrastructure and building projects for public use.
Require commercial construction and development services.
Purchase residential properties developed by Skanska.
Invest in residential and commercial properties.
Invest in Skanska's managed property portfolio.
Strategy
Skanska's strategic priorities focus on sustainable growth and market adaptability. The company aims to enhance its construction order backlog and expand its residential and commercial property development activities. By maintaining a strong financial position, Skanska seeks to capitalize on market opportunities and invest in high-quality properties. Its commitment to sustainability and innovation drives its competitive advantage and aligns with global trends in construction and development.
To secure long-term revenue and market presence.
To capture growth in residential and commercial markets.
To align with global trends and enhance competitive advantage.
Geography
Skanska operates in key markets across the Nordics, Europe, and the USA. Its primary markets include Sweden, Norway, Finland, Denmark, the United Kingdom, Poland, Czech Republic, Slovakia, Hungary, Romania, and the United States. The company's geographic presence allows it to leverage regional growth opportunities and adapt to local market conditions. Skanska's strategic focus on these regions supports its robust order backlog and enhances its ability to deliver sustainable construction solutions globally.
Risks
Skanska faces several risks, including market fluctuations in the construction industry and geopolitical uncertainties affecting its operations in Europe and the USA. The company's reliance on large-scale projects exposes it to risks related to project delays and cost overruns. Economic downturns and changes in interest rates can impact demand for residential and commercial properties. Additionally, regulatory changes in environmental standards pose compliance risks. Skanska mitigates these risks through strategic planning and financial management.
- Project Delays and Cost OverrunsImpact: Critical
Can lead to financial losses and reputational damage.
- Market FluctuationsImpact: HighLikelihood: High
Impact on construction demand and project pipeline.
- Economic DownturnsImpact: HighLikelihood: High
Reduce demand for residential and commercial properties.
- Geopolitical UncertaintiesImpact: MediumLikelihood: Medium
Affect operations and market stability in key regions.
- Regulatory ChangesImpact: MediumLikelihood: Low
Increase compliance costs and operational challenges.
Accounting
Judgemental itemsReflects project progress and completion.
Impact: Significant on reported revenue
Affects comparability of quarterly financial results.
Impact: Material on quarterly analysis
Involves judgment in assessing fair value and impairment.
Impact: Critical for asset valuation
Impacts balance sheet presentation of leases.
Impact: Material on financial position
Similar listed companies
Publicly listed companies with a comparable business focus.
NCC
NCC-B · Industrials
NCC is a prominent construction and property development company operating primarily in the Nordic region.
SWECO
SWEC-B · Industrials
Sweco AB is a prominent European architecture and engineering consultancy, specializing in the green transition.
Storskogen Group
STOR-B · Financials
Storskogen Group AB is an international conglomerate that operates across trade, industry, and services sectors.
Scandic Hotels Group
SHOT · Consumer Discretionary
Scandic Hotels Group is the largest hotel operator in the Nordic countries, offering a wide network of mid-market hotels catering to both leisure and business travelers.
Husqvarna B
HUSQ-B · Consumer Discretionary
Husqvarna Group is a global leader in outdoor power products, including chainsaws, trimmers, robotic lawn mowers, and garden watering products.
Bravida Holding
BRAV · Industrials
Bravida Holding AB is a Nordic leader in providing comprehensive technical solutions for buildings and facilities.
Last updated: 24/09/2026