Skanska AB ADR (SKBSY)

Overview

Skanska AB (publ) is a leading construction and project development company with a significant presence in the Nordic region, Europe, and the United States. The company is structured into three main segments: Construction, Residential Development, and Commercial Property Development. With its roots dating back to 1887, Skanska has a long history of building essential infrastructure such as bridges, roads, and hospitals as well as residential and commercial properties. Headquartered in Stockholm, Sweden, Skanska leverages its extensive experience to deliver high-quality projects that enhance communities and meet the evolving needs of society.

Products and Services

• Construction

  This segment involves the creation of critical infrastructure including bridges, roads, harbors, quays, hospitals, residences, and schools. Skanska's construction services encompass a broad range of projects that are foundational to the development and improvement of urban and rural landscapes.

• Residential Development

  In the field of residential development, Skanska focuses on developing and selling residential projects. This includes both single-family houses and multi-family housing units. The company is dedicated to creating sustainable and modern living spaces that meet the needs of homeowners today and in the future.

• Commercial Property Development

  Skanska’s commercial property development segment undertakes the initiation, investment, development, leasing, and divestiture of commercial properties. This includes office buildings, retail spaces, and mixed-use developments. The aim is to create functional, aesthetically pleasing, and sustainable spaces that enhance work and life environments.

• Production of Construction Materials

  Skanska also engages in the production of a wide range of construction materials such as asphalt, gravel, rock, concrete gravel, road construction materials, macadam, and concrete. These materials are essential to both the company's projects and the wider construction industry, underpinning the physical infrastructure of the built environment.

• Infrastructure Services

  The company offers a suite of infrastructure services that include operation, maintenance, and construction work. This encompasses the upkeep of critical infrastructure such as roads and bridges, ensuring their longevity and reliability for public use.

• Additional Services

  Beyond its primary segments, Skanska provides other valuable services such as stone preservation, building construction and renovation, and the rental of machines and equipment. These services complement the company's main operations, allowing for a comprehensive approach to project development and execution.