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4-Traders Homepage  >  Equities  >  NASDAQ OMX STOCKHOLM  >  Skanska    SKA B   SE0000113250

SKANSKA (SKA B)
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Skanska : New contractor takes on relief road completion

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02/12/2018 | 01:20pm CET

CONSTRUCTION firm Skanska is to take over construction of the Whitehill and Bordon relief road.

Following the collapse of the original contractors, multi-national company Carillion, Hampshire County Councils executive member for environment and transport, Councillor Rob Humby, has announced the new contract.

He said: Our first priority is to ensure the completion of the southern section of the relief road from the A325/Firgrove Road roundabout to Junction Two to allow access to the first phase of new housing.

We have made arrangements with Skanska to complete this work and will begin detailed programme discussions with them next week.

We will be able to provide further updates following this. I would like to reassure residents that there is no doubt the relief road will be completed and we are developing our options for the northern section.

I would also like to reiterate Hampshire County Councils commitment to the successful regeneration of Whitehill and Bordon which, with the new relief road, includes the Future Skills Centre and the new school building for Mill Chase Academy, all of which promise to make Whitehill and Bordon a vibrant community for future generations.

The 27m relief road will be approximately 2.6 miles or 4.1km long when completed and will reduce traffic on the current A325 road.

Except for a short section of dual carriageway at its northern end, it will comprise a two-way single carriageway to the western side of the town.

(c) 2018 Saudi Voters Center Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ( SEK)
Sales 2018 156 B
EBIT 2018 5 303 M
Net income 2018 4 500 M
Finance 2018 2 171 M
Yield 2018 5,15%
P/E ratio 2018 15,23
P/E ratio 2019 13,15
EV / Sales 2018 0,40x
EV / Sales 2019 0,38x
Capitalization 65 184 M
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Mean consensus OUTPERFORM
Number of Analysts 8
Average target price 190  SEK
Spread / Average Target 17%
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Anders Danielsson President & Chief Executive Officer
Hans Torsten Gunnar Biörck Chairman
Magnus Persson Chief Financial Officer
Jaroslaw Urbanczyk Senior Vice President-Information Technology
Lena Charlotte Strömberg Independent Director
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