Reported Earnings • Jul 19
Second quarter 2026 earnings released: EPS: kr6.17 (vs kr4.05 in 2Q 2025) Second quarter 2026 results: EPS: kr6.17 (up from kr4.05 in 2Q 2025). Revenue: kr48.0b (up 4.1% from 2Q 2025). Net income: kr2.55b (up 53% from 2Q 2025). Profit margin: 5.3% (up from 3.6% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 5.2% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 16% per year, which means it is well ahead of earnings. Announcement • Jul 17
Skanska AB (publ) to Report Fiscal Year 2026 Results on Jan 29, 2027 Skanska AB (publ) announced that they will report fiscal year 2026 results on Jan 29, 2027 Announcement • Jun 29
Skanska Usa Building Inc. Announces Appointment of Bryan Northrop as Executive Vice President, Effective July 1, 2026 Skanska USA Building Inc. announced the appointment of Bryan Northrop to executive vice president, effective July 1, 2026. In this role, Northrop will oversee personnel working on semiconductor and data center construction projects in Oregon, Arizona, Virginia and California, as well as in collaboration with regional operating units in Georgia, Ohio and Texas. Northrop is tasked with overseeing and driving growth for Skanska’s Advanced Technology operating unit, which combines mission-critical data center and high-tech semiconductor manufacturing builds. The unit provides customers with elevated expertise, dependable execution and customized solutions across the entire US. Northrop is a 30-year veteran in the construction industry who takes the helm following the retirement of Katie Coulson. He joined Skanska in 1997 and has worked in a variety of positions, primarily delivering complex pharmaceutical and industrial manufacturing infrastructure for national customers. Most recently, Northrop served as EVP and GM of the New England operating unit. Northrop graduated from Wentworth Institute of Technology with a dual B.S. in construction management and architectural engineering. He will be based in Boston, Massachusetts. Announcement • Jun 05
Anders Candell, Senior Vice President IT Leaves Skanska, Effective December 1, 2026 Skanska announced that Anders Candell, Senior Vice President IT, is leaving Skanska. Anders leaves on December 1, 2026 to take on new challenges outside of Skanska. A recruitment process will be initiated to appoint a successor. Board Change • May 20
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Employee Representative Director Anders Rattgard was the last director to join the board, commencing their role in 2026. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Apr 30
Skanska AB (publ) to Report Q1, 2026 Results on May 07, 2026 Skanska AB (publ) announced that they will report Q1, 2026 results at 7:30 AM, Central European Standard Time on May 07, 2026 Announcement • Feb 07
Skanska AB (publ), Annual General Meeting, Mar 31, 2026 Skanska AB (publ), Annual General Meeting, Mar 31, 2026. Announcement • Oct 04
Skanska AB (Publ) Promotes Jenny Chandler Graham to Executive Vice President - Chief Strategy Officer, Effective 03 October 2025 Skanska announced promotions in its U.S. building operations. Effective 03 October 2025, Jenny Chandler Graham has been promoted to Executive Vice President - Chief Strategy Officer (CSO). As CSO, Graham will lead the business unit's long-term strategic planning, drive internal alignment, and deepen engagement with customers and partners. She will oversee the 120-person Strategy team which includes Marketing, Business Development, Data and Analytics, and Emerging Technology. She will report directly to Clay Haden, President CEO, Skanska USA Building, and join the business' Senior Leadership Team. A 20-year veteran of Skanska, Graham started her career as a marketing intern and has since held a series of increasingly significant leadership roles, most recently serving as Vice President - Market Strategy and Creative Services. Deeply committed to innovation and enterprise growth, Graham's strategic thinking and initiatives have strengthened the business' market differentiation, established and evolved new market approaches, and enhanced collaboration across the business, in the U.S., and around the world. A Tennessee native, Graham holds a B.S. in Business from the University of Tennessee at Martin. She succeeds Anita Nelson, who recently assumed executive oversight of Skanska Advanced Technology (SAT), in addition to Skanska Integrated Solutions (SIS). Announcement • Oct 01
Skanska Divests Office Building in Lodz, Poland, for PLN 130 Million Skanska has divested the second phase of the Brama Miasta office complex in Lodz, Poland, to Lodz Voivodeship for PLN 160 million, including VAT. Skanska Commercial Development Europe will include the transaction value of PLN 130 million, about SEK 340 million, excluding VAT, in the third quarter of 2025. The transfer of the property will take place immediately. The second phase of the office complex offers about 14,500 square meters of modern, sustainable office and retail space. The transaction includes the complete fit-out of the interior premises. The building features a publicly accessible patio with amphitheater-style stairs. It is located close to train, bus, and tram. Brama Miasta is a landmark in Lodz's New Centre. It is clearly visible from the nearby Lodz Fabryczna station thanks to its distinctive corten steel facade, which reflects the city's industrial heritage. The two-building office complex totals around 44,000 square meters of leasable area. It holds a LEED Gold certification and a "Building without barriers" certificate, as it is accessible to people with disabilities, elderly, and children, underlining its commitment to inclusivity and universal design. Brama Miasta is the Skanska's third office development in Lodz, following the Green Horizon and Nowa Fabryczna projects. Announcement • Sep 24
Skanska AB (Publ) Appoints Nomination Committee for the Annual General Meeting 2026 Skanska AB (publ) announced that The Nomination Committee for the Annual General Meeting 2026 has been appointed in accordance with the instruction to the Nomination Committee resolved by the Annual General Meeting 2018. The Nomination Committee consists of members appointed by each of the four largest shareholders in terms of voting rights as of August 29, 2025, that wish to participate in the Nomination Committee, and the Chair of the Board of Directors. The Nomination Committee consists of the following members:Helena Stjernholm, AB IndustrivärdenKatarina Martinson, Lundberg GroupPatricia Hedelius, AMF Tjänstepension & AMF Fonder Simon Blecher, Carnegie FonderHans Biörck, Chairman of the Board of Directors, Skanska ABHelena Stjernholm is the Chair of the Nomination Committee. Announcement • May 22
Gordiusz Private Equity Fund managed by Gránit Asset Management completed acquisition of Equilibrium 1 office building in Bucharest from Skanska AB (publ) (OM:SKA B) for €52 million. Gordiusz Private Equity Fund managed by Gránit Asset Management signed a purchase agreement to acquire Equilibrium 1 office building in Bucharest from Skanska AB (publ) (OM:SKA B) for €52 million on April 4, 2025. A cash consideration of €52 million will be paid by Gordiusz Private Equity Fund and Gránit Asset Management. As part of consideration, €52 million is paid towards assets of Equilibrium 1 office building in Bucharest. The transaction will be recorded by Skanska Commercial Development Europe in the second quarter 2025. The transfer of the property is scheduled for the second quarter 2025. Nestor Nestor Diculescu Kingston Petersen Sca acted as legal advisor for Gránit Asset Management. TPA Admin Romania acted as financial advisor for Gránit Asset Management. Sentient Romania provided technical advice and IO Partners provided commercial advice for Gránit Asset Management. Colliers advised Skanska AB.
Gordiusz Private Equity Fund managed by Gránit Asset Management completed acquisition of Equilibrium 1 office building in Bucharest from Skanska AB (publ) (OM:SKA B) for €52 million on May 20, 2025. Announcement • Apr 30
Skanska Launches Safety Sidekick AI Tool to Advance Job Site Safety Across the U.S Skanska announced the launch of Safety Sidekick, an AI-powered assistant designed to transform job site safety by delivering instant safety guidance to teams across the country. The cutting-edge tool serves as a digital companion for workers and leaders at every level by consolidating Skanska's EHS Manual, OSHA construction standards, and supplemental safety documentation into one streamlined, easily accessible resource available on both mobile and desktop platforms. Key features of Safety Sidekick include: Real-time access to safety resources and task-specific best practices; Context-aware guidance based on job site conditions to ensure compliance with OSHA and Skanska protocols; Support for safety classification and documentation through the Safety Classification Learning Model; Practical, scenario-based policy application to guide day-to-day operations; Assistance through all phases of the Plan-Do-Check-Act safety cycle. Announcement • Mar 17
Skanska AB (publ) to Report Fiscal Year 2025 Results on Feb 06, 2026 Skanska AB (publ) announced that they will report fiscal year 2025 results on Feb 06, 2026 Announcement • Feb 19
Skanska AB (publ) announces Annual dividend, payable on April 14, 2025 Skanska AB (publ) announced Annual dividend of SEK 8.0000 per share payable on April 14, 2025, ex-date on April 08, 2025 and record date on April 09, 2025. Announcement • Feb 14
Surewood Housing Ab signed a binding agreement to acquire Boklok Byggsystem Ab from Skanska AB (publ) (OM:SKA B) for SEK 110 million. Surewood Housing Ab signed a binding agreement to acquire Boklok Byggsystem Ab from Skanska AB (publ) (OM:SKA B) for SEK 110 million on February 13, 2025. The handover of the factory will take place on February 20, 2025. Announcement • Feb 08
Skanska AB (Publ) Proposes Dividend The Board of Directors of Skanska AB (publ) proposed a dividend of SEK 8.00 (SEK 5.50) per share. The proposal is equivalent to a dividend payout totaling SEK 3,292 million (SEK 2,257 million). The Board of Directors proposed April 9, 2025, as the record date depending on share repurchases and transfers. Announcement • Jan 10
Skanska AB (Publ) Announces Appointment of Åsa Thunman as Executive Vice President, Effective No Later Than July 8, 2025 Skanska AB (publ) announced that Åsa Thunman has been appointed as Executive Vice President at Skanska Group. She will take on her new position no later than July 8, 2025, and at the same time become part of the Skanska Group Leadership Team. Åsa Thunman comes from a position as General Counsel at Sandvik. She has held key legal and executive roles in multinational companies, including Sandvik, Securitas, and Elekta. In her new role she will report to Anders Danielsson, CEO and President, Skanska Group. She will begin her new position no later than July 8, 2025. In September 2024, Skanska announced that Ulrika Wester was appointed as acting Executive Vice President and General Counsel. Ulrika Wester will remain in the role as acting Executive Vice President and General Counsel until Åsa Thunman takes office. Board Change • Dec 30
Less than half of directors are independent Following the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 7 non-independent directors. Independent Director Mats Hederos was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Dec 03
The Alliance Agreement Between Rejlers, Skanska, Sweco, Sipti and APRT Architects Announce Progression of the Project to Its Implementation Phase Metropolitan Area Transport Ltd, responsible for the construction of a new tram depot in Koskela, Helsinki, has approved the progression of the project to its implementation phase. The alliance agreement between Rejlers, Skanska, Sweco, Sipti and APRT Architects marks the start of a continued collaboration between the parties. The tram depot project has ambitious environmental targets, aiming at significantly reducing carbon emissions and contributing to Helsinki's goal of climate neutrality by 2030. The new Koskela tram depot will respond to the demands of rapidly increasing volumes of tram traffic and sustainable urban mobility. The new depot will have 41,000 square metres of gross floor area. Among other things, the depot will have space to store approximately 50 trams, approximately 13 daily maintenance areas, 13 maintenance bays, a lathing track, and areas to store and service the maintenance vehicles. Rejlers will bring strong expertise in technical building services and energy design to the project and is responsible for designing the HVAC, automation, energy, electrical and sprinkler systems. The tram depot project aims to be a pioneer in environmental responsibility, with ambitious environmental targets for carbon emissions, the circular economy, energy solutions and environmental certification. Reported Earnings • Nov 08
Third quarter 2024 earnings released: EPS: kr2.56 (vs kr1.97 in 3Q 2023) Third quarter 2024 results: EPS: kr2.56 (up from kr1.97 in 3Q 2023). Revenue: kr44.3b (up 5.0% from 3Q 2023). Net income: kr1.05b (up 30% from 3Q 2023). Profit margin: 2.4% (up from 1.9% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Announcement • Oct 25
Skanska AB (publ) to Report Fiscal Year 2024 Final Results on Mar 17, 2025 Skanska AB (publ) announced that they will report fiscal year 2024 final results at 12:00 PM, Central European Standard Time on Mar 17, 2025 Announcement • Oct 02
Skanska AB (Publ) Announces Nomination Committee Appointments The members of the Nomination Committee for Skanska AB (publ)’s Annual General Meeting 2025 have now been appointed. Skanska’s Nomination Committee for the Annual General Meeting 2025 has been appointed in accordance with the instruction to the Nomination Committee resolved by the Annual General Meeting 2018. The Nomination Committee consists of: Helena Stjernholm, AB Industrivärden; Katarina Martinson, Lundberg Group; Dick Bergqvist, AMF Tjänstepension & AMF Fonder; Malin Björkmo, Handelsbanken Fonder; Hans Biörck, Chairman of the Board of Directors, Skanska AB. Helena Stjernholm is the Chair of the Nomination Committee. Announcement • Sep 13
Skanska AB (Publ) Announces Executive Changes Skanska announced that Caroline Fellenius Omnell, Executive Vice President & General Counsel, is leaving the company. Caroline has been with Skanska for eight years and has been a member of the Group Leadership Team since 2017. A recruitment process will be initiated to appoint a successor. As of September 13, Ulrika Wester will step in as acting Executive Vice President & General Counsel until a successor has been appointed. Reported Earnings • Jul 21
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: kr45.1b (up 6.5% from 2Q 2023). Net income: kr1.70b (down 13% from 2Q 2023). Profit margin: 3.8% (down from 4.6% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.7% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Reported Earnings • May 08
First quarter 2024 earnings released: EPS: kr1.17 (vs kr1.44 in 1Q 2023) First quarter 2024 results: EPS: kr1.17 (down from kr1.44 in 1Q 2023). Revenue: kr36.7b (flat on 1Q 2023). Net income: kr479.0m (down 19% from 1Q 2023). Profit margin: 1.3% (down from 1.6% in 1Q 2023). Revenue is forecast to grow 2.5% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Announcement • May 03
Skanska AB (Publ) Announces Executive Appointments Skanska AB (publ) announced that Louise Hallqvist and Pontus Winqvist have been appointed Senior Vice Presidents for the new Group Finance Operations and Group Corporate Finance and Control units, respectively. They will both assume their roles on June 1, 2024. Louise has more than 15 years of experience from Skanska, where she has held various roles in the field of finance and accounting. Her most recent role was Senior Vice President Skanska Financial Services. Pontus was most recently CFO of Skanska Sweden and has worked for the company for 27 years. Both Louise and Pontus hold a Bachelor of Business Administration and Economics degree. With this change, two new group functions are created, Group Finance Operations led by Louise, and Group Corporate Finance and Control, led by Pontus. Sustainability reporting is added to the former to strengthen and better link the financial reporting with the sustainability reporting. Caroline Walméus, the current CFO of Skanska Commercial Development Central Europe will succeed Pontus Winqvist as CFO of Skanska Sweden, and Sanna-Mari Pöyhtäri, currently SVP Financial Support and Analysis will step into the role as CFO of Skanska Commercial Development Central Europe. Announcement • Apr 12
Magnus Persson Steps Down as Chief Financial Officer of Skanska Skanska announced that Magnus Persson, the company's Chief Financial Officer, has decided to step down to take on new challenges outside of Skanska. Magnus Persson has been with Skanska for 18 years and has been a member of the Group Leadership Team since 2018. A recruitment process will be initiated to appoint a successor. Magnus Persson will continue in the role as CFO until a successor has been appointed. Upcoming Dividend • Mar 21
Upcoming dividend of kr5.50 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 05 April 2024. Payout ratio is a comfortable 45% but the company is paying out more than the cash it is generating. Trailing yield: 2.9%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (4.0%). Reported Earnings • Mar 11
Full year 2023 earnings released: EPS: kr12.17 (vs kr20.04 in FY 2022) Full year 2023 results: EPS: kr12.17 (down from kr20.04 in FY 2022). Revenue: kr167.2b (up 2.4% from FY 2022). Net income: kr5.00b (down 40% from FY 2022). Profit margin: 3.0% (down from 5.1% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 3.8% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Declared Dividend • Feb 16
Dividend of kr5.50 announced Shareholders will receive a dividend of kr5.50. Ex-date: 28th March 2024 Payment date: 5th April 2024 Dividend yield will be 33%, which is higher than the industry average of 2.9%. Sustainability & Growth Dividend is covered by both earnings (45% earnings payout ratio) and cash flows (70% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 42% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 11
Full year 2023 earnings released: EPS: kr12.17 (vs kr20.04 in FY 2022) Full year 2023 results: EPS: kr12.17 (down from kr20.04 in FY 2022). Revenue: kr167.2b (up 2.4% from FY 2022). Net income: kr5.00b (down 40% from FY 2022). Profit margin: 3.0% (down from 5.1% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 2.1% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Announcement • Feb 09
Skanska AB (publ) Proposes Dividend The Board of Directors of Skanska AB (publ) proposed a dividend of SEK 5.50 (7.50) per share. The proposal is equivalent to a dividend payout totaling SEK 2,256 Million(3,081). The Board of Directors proposed April 5, 2024, as the record date, depending on share repurchases and transfers. Announcement • Jan 11
Skanska AB (Publ) Announces Impairment Charges for Fourth Quarter 2023 Skanska AB (publ) announced the impairment charges for fourth quarter 2023. The company announced that it takes impairment charges and recognizes changes in fair market values of SEK 2.0 billion in Commercial Property Development, Residential Development and Investment Properties. The charges impact the result for Skanska in the fourth quarter of 2023. In addition, but with no impact on the results for the period, surplus value in Commercial Property Development is reduced by SEK 1.6 billion. Announcement • Dec 16
Skanska AB (publ) to Report Fiscal Year 2023 Final Results on Mar 06, 2024 Skanska AB (publ) announced that they will report fiscal year 2023 final results at 12:00 PM, Central European Standard Time on Mar 06, 2024 Reported Earnings • Nov 03
Third quarter 2023 earnings released: EPS: kr1.97 (vs kr5.50 in 3Q 2022) Third quarter 2023 results: EPS: kr1.97 (down from kr5.50 in 3Q 2022). Revenue: kr42.2b (down 2.3% from 3Q 2022). Net income: kr808.0m (down 64% from 3Q 2022). Profit margin: 1.9% (down from 5.2% in 3Q 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Construction industry in Germany. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 11% per year. New Risk • Nov 02
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 0.3% per year for the foreseeable future. High level of non-cash earnings (20% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. Buying Opportunity • Nov 01
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 8.6%. The fair value is estimated to be €15.91, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has declined by 4.2%. For the next 3 years, revenue is forecast to grow by 3.3% per annum. Earnings is also forecast to grow by 0.2% per annum over the same time period. Announcement • Sep 26
Skanska AB (publ), Annual General Meeting, Mar 27, 2024 Skanska AB (publ), Annual General Meeting, Mar 27, 2024, at 10:00 Central European Standard Time. Location: Stockholm Waterfront Congress centre Nils Ericsons Plan 4, Stockholm, Sweden Stockholm Sweden Agenda: To consider Board changes; and to consider any other matter thereof. Announcement • Sep 21
ERSTE Open-Ended Real Estate Investment Fund, managed by Erste Alapkezelo Zrt. agreed to acquire Office complex H2Offices in Budapest, Hungary from Skanska AB (publ) for €100 million. ERSTE Open-Ended Real Estate Investment Fund, managed by Erste Alapkezelo Zrt. agreed to acquire Office complex H2Offices in Budapest, Hungary from Skanska AB (publ) for €100 million on September 19, 2023. The transaction is expected to be closed in the fourth quarter of 2023. New Risk • Jul 23
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 20% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Earnings are forecast to decline by an average of 7.7% per year for the foreseeable future. High level of non-cash earnings (20% accrual ratio). Minor Risk Paying a dividend despite having no free cash flows. Reported Earnings • Jul 21
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: kr42.3b (flat on 2Q 2022). Net income: kr1.94b (up 10.0% from 2Q 2022). Profit margin: 4.6% (up from 4.1% in 2Q 2022). Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Construction industry in Germany. Recent Insider Transactions • Jul 20
President & CEO recently bought €53k worth of stock On the 11th of July, Anders Danielsson bought around 4k shares on-market at roughly €13.02 per share. This transaction amounted to 2.0% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth €141k. Anders has been a buyer over the last 12 months, purchasing a net total of €598k worth in shares. Recent Insider Transactions • Jun 18
Insider recently bought €141k worth of stock On the 11th of June, Richard Kennedy bought around 11k shares on-market at roughly €12.73 per share. This transaction amounted to 15% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought €2.1m more in shares than they have sold in the last 12 months. Recent Insider Transactions • May 08
Key Executive recently bought €27k worth of stock On the 4th of May, Magnus Persson bought around 2k shares on-market at roughly €12.88 per share. This transaction amounted to 4.4% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth €63k. Magnus has been a buyer over the last 12 months, purchasing a net total of €236k worth in shares. Reported Earnings • May 05
First quarter 2023 earnings released: EPS: kr1.44 (vs kr2.34 in 1Q 2022) First quarter 2023 results: EPS: kr1.44 (down from kr2.34 in 1Q 2022). Revenue: kr36.5b (up 4.1% from 1Q 2022). Net income: kr590.0m (down 39% from 1Q 2022). Profit margin: 1.6% (down from 2.7% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 1.5% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has fallen by 8% per year, which means it is performing significantly worse than earnings. Recent Insider Transactions • Apr 19
Insider recently bought €52k worth of stock On the 13th of April, Richard Kennedy bought around 4k shares on-market at roughly €14.52 per share. This transaction amounted to 4.5% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth €63k. Insiders have collectively bought €2.4m more in shares than they have sold in the last 12 months. Recent Insider Transactions • Apr 16
President & CEO recently bought €51k worth of stock On the 8th of April, Anders Danielsson bought around 4k shares on-market at roughly €13.84 per share. This transaction amounted to 1.8% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €63k. Anders has been a buyer over the last 12 months, purchasing a net total of €728k worth in shares. Upcoming Dividend • Mar 23
Upcoming dividend of kr7.50 per share at 4.4% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 05 April 2023. Payout ratio is a comfortable 37% but the company is not cash flow positive. Trailing yield: 4.4%. Lower than top quartile of German dividend payers (4.7%). Higher than average of industry peers (3.8%). Recent Insider Transactions • Mar 17
President & CEO recently bought €63k worth of stock On the 11th of March, Anders Danielsson bought around 4k shares on-market at roughly €16.09 per share. This transaction amounted to 1.9% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. Anders has been a buyer over the last 12 months, purchasing a net total of €775k worth in shares. Reported Earnings • Mar 12
Full year 2022 earnings released: EPS: kr20.04 (vs kr16.65 in FY 2021) Full year 2022 results: EPS: kr20.04 (up from kr16.65 in FY 2021). Revenue: kr163.2b (up 13% from FY 2021). Net income: kr8.26b (up 20% from FY 2021). Profit margin: 5.1% (up from 4.8% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 2.2% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 2% per year and the company’s share price has also increased by 2% per year. Recent Insider Transactions • Feb 17
President & CEO recently bought €56k worth of stock On the 11th of February, Anders Danielsson bought around 3k shares on-market at roughly €17.21 per share. This transaction amounted to 1.7% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth €71k. Anders has been a buyer over the last 12 months, purchasing a net total of €723k worth in shares. Reported Earnings • Feb 05
Full year 2022 earnings released: EPS: kr20.04 (vs kr16.65 in FY 2021) Full year 2022 results: EPS: kr20.04 (up from kr16.65 in FY 2021). Revenue: kr163.2b (up 13% from FY 2021). Net income: kr8.26b (up 20% from FY 2021). Profit margin: 5.1% (up from 4.8% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 1.3% p.a. on average during the next 3 years, compared to a 3.1% growth forecast for the Construction industry in Europe. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Announcement • Feb 04
Skanska AB (Publ) Proposes Dividend for 2022 The Board of Directors of Skanska AB (publ) proposed a dividend of SEK 7.50 (SEK 7.00+3.00) per share. Recent Insider Transactions • Dec 16
Insider recently bought €71k worth of stock On the 11th of December, Richard Kennedy bought around 5k shares on-market at roughly €15.50 per share. This transaction amounted to 7.1% of their direct individual holding at the time of the trade. In the last 3 months, they made an even bigger purchase worth €87k. Insiders have collectively bought €2.1m more in shares than they have sold in the last 12 months. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Director Asa Winberg was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 27
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: kr43.2b (up 28% from 3Q 2021). Net income: kr2.27b (up 89% from 3Q 2021). Profit margin: 5.2% (up from 3.5% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to stay flat during the next 3 years compared to a 3.4% growth forecast for the Construction industry in Europe. Reported Earnings • Jul 22
Second quarter 2022 earnings released: EPS: kr4.28 (vs kr5.57 in 2Q 2021) Second quarter 2022 results: EPS: kr4.28 (down from kr5.57 in 2Q 2021). Revenue: kr42.6b (up 18% from 2Q 2021). Net income: kr1.77b (down 23% from 2Q 2021). Profit margin: 4.1% (down from 6.3% in 2Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 5.0%, compared to a 9.2% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • Jun 02
SlussgÅRden Ab agreed to acquire office building Snäckan 8 from Skanska AB (publ) (OM:SKA B) for SEK 2.7 billion. SlussgÅRden Ab agreed to acquire office building Snäckan 8 from Skanska AB (publ) (OM:SKA B) for SEK 2.7 billion on June 1, 2022. The transfer and final settlement of the purchase price, including indexation during the construction period, takes place in connection with completion, which is estimated for the first quarter of 2026. Recent Insider Transactions • May 18
President & CEO recently bought €56k worth of stock On the 10th of May, Anders Danielsson bought around 4k shares on-market at roughly €15.76 per share. In the last 3 months, they made an even bigger purchase worth €166k. Anders has been a buyer over the last 12 months, purchasing a net total of €456k worth in shares. Announcement • May 14
Skanska AB (Publ) Announces Board Changes Skanska AB (publ) announced that Until a successor is appointed, Claes Larsson, Executive Vice President, and member of Skanska AB Group Leadership Team, will assume the role of interim Business Unit President of the operations effective, 12th of May 2022. Announcement • May 08
Eastnine AB (publ) (OM:EAST) acquired office property in Poznan from Skanska AB (publ) (OM:SKA B) for 120.6 million, Eastnine AB (publ) (OM:EAST) acquired office property in Poznan from Skanska AB (publ) (OM:SKA B) for 120.6 million on May 6, 2022.
Eastnine AB (publ) (OM:EAST) completed the acquisition of office property in Poznan from Skanska AB (publ) (OM:SKA B) on May 6, 2022. Recent Insider Transactions • May 07
President & CEO recently bought €166k worth of stock On the 4th of May, Anders Danielsson bought around 10k shares on-market at roughly €16.61 per share. This was the largest purchase by an insider in the last 3 months. Anders has been a buyer over the last 12 months, purchasing a net total of €383k worth in shares. Reported Earnings • May 05
First quarter 2022 earnings released First quarter 2022 results: Revenue: kr35.0b (up 7.3% from 1Q 2021). Net income: kr963.0m (down 17% from 1Q 2021). Profit margin: 2.7% (down from 3.6% in 1Q 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 8.3%, compared to a 6.0% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Announcement • May 04
Skanska AB (publ) to Report First Half, 2022 Results on Jul 21, 2022 Skanska AB (publ) announced that they will report first half, 2022 results on Jul 21, 2022 Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Director Asa Winberg was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Recent Insider Transactions • Apr 16
President & CEO recently bought €87k worth of stock On the 12th of April, Anders Danielsson bought around 4k shares on-market at roughly €19.90 per share. This was the largest purchase by an insider in the last 3 months. Anders has been a buyer over the last 12 months, purchasing a net total of €206k worth in shares. Board Change • Apr 03
Less than half of directors are independent Following the recent departure of a director, there are only 5 independent directors on the board. The company's board is composed of: 5 independent directors. 6 non-independent directors. Independent Director Asa Winberg was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Mar 30
Skanska AB (publ) Announces Ordinary Dividend at the Annual General Meeting 2022, Payable on April 5, 2022 Skanska AB (publ) announced board of directors proposal, the meeting resolved to pay a dividend to the shareholders of SEK 7.00 per share as ordinary dividend at the annual general meeting 2022 held on March 29, 2022. The record date for receiving dividend was set to March 31, 2022 and the dividend is expected to be distributed by Euroclear Sweden AB on April 5, 2022. 
