Skanska secures contract for Los Angeles light rail project
Joint venture with Stacy Witbeck delivers East San Fernando Valley infrastructure connecting high-density communities to regional rail.
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International project development and construction group
skanska.comLast updated
In short: Skanska achieved record Q2 order intake and a massive backlog, largely fueled by a significant boom in data center and infrastructure contracts.
Joint venture with Stacy Witbeck delivers East San Fernando Valley infrastructure connecting high-density communities to regional rail.
This reduces total votes to 595,529,900 with 419,903,072 total shares.
The contract with a confidential client includes a Central Utility Plant and site infrastructure. Completion is expected in Q1 2028.
The four-mile extension includes three new stations and twin tunnels built using advanced technology beneath busy LA streets.
Following NCC's billion-krona profit, Skanska has also secured a major contract for the Swedish Defence Materiel Administration. The company is now set to build up a new area in the naval base city...
EFN recommends buying Skanska and estimates that the stock could justify a price of up to SEK 300. This analysis highlights the robustness of the...
Skanska is heading towards a record quarter for data center orders - following a wave of new orders. - We see no slowdown, says CEO Anders Danielsson in EFN...
Skanska B stock (ISIN SE0000113250) is trading in the upper part of its recent range as investors digest a series of new infrastructure and building...
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