Skanska AB operates within the Nonresidential construction sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Skanska AB with three other
non-residential construction companies in Europe:
sales of 14.75 billion Euros [US$17.17 billion]
of which 51%
Balfour Beatty plc
of UNITED KINGDOM
(£7.32 billion [US$10.09 billion]
of which 82%
was Construction Services), and
Koninklijke BAM Groep nv
based in NETHERLANDS
(6.77 billion Euros [US$7.88 billion]
of which 55%
was Construction and Property).
During the second
quarter of 2021, sales at Skanska AB totalled
SEK 36.21 billion.
This is a drop of 11.0%
from the SEK 40.70 billion in sales at the company during the second quarter in 2020.
During the first two
quarters of 2021, sales totalled SEK 68.85 billion, which is
than through the first two quarters of 2020.
There appears to be at least some degree of seasonality in the sales at Skanska AB: during 8 of the previous 9
years, sales were highest during the fourth quarter.
The exception to this was during 2016, when the
second quarter was the best quarter, accounting for
27% of sales (during that same year, the
fourth quarter accounted for 27% of sales).
During the year ended December of 2020, sales at
Skanska AB were SEK 160.34 billion (US$18.71 billion).
decrease of 7.2%
versus 2019, when the company's sales were SEK 172.85 billion.
The sales level in 2020 was fairly close to the level five years ago: in 2015, Skanska AB had sales
of SEK 153.05 billion.
Contributing to the drop in overall sales was the 39.8% decline
in Central, from SEK 578.00 million to SEK 348.00 million.
There were also decreases in sales in
Construction (down 10.8% to SEK 130.30 billion)
Commercial Property Development (down 16.2% to SEK 14.90 billion)
However, these declines were partially offset by the increase in sales of
Residential Development (up 5.0% to SEK 13.06 billion)