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  • Skanska
    Entré Lindhagen, Warfvinges väg 25, 112 74 Stockholm, Sweden
    +46 10 448 88 99
    http://www.skanska.com
  • Jacob Birkeland

    Head of Media Relations and Public Affairs


    +46 10 449 19 57
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    Skanska divests rental residential property in Copenhagen, Denmark, for DKK 520M, about SEK 800M

    Skanska has divested the multi-family rental property C.F. Møllers Have in Copenhagen, Denmark, for DKK 520M, about SEK 800M. The buyer is Home.Earth Group Holding A/S. The transaction will be recorded in the Commercial Development stream in the fourth quarter of 2024. The transfer of the property will take place on January 31, 2025.The property is located in Ørestad, Copenhagen, near the metro line. It covers 12,000 square meters residential area and consists of 156 rental apartments and two small commercial leases. It was completed in December 2023. All the residential apartments are

    Skanska builds hydroelectric power plant in Bremanger municipality, Norway, for NOK 434M, about SEK 430M

    Skanska has signed a contract with Sogn og Fjordane Energi (SFE) for the construction of the new Øksenelvane power plant in the municipality of Bremanger, Norway. The contract is worth NOK 434M, about SEK 430M, which will be included in the Nordic order bookings for the fourth quarter of 2024.Skanska will build an entirely new power plant close to the existing facility. The contract includes all construction-related work for the new station, including the construction of a new intake, new water tunnels, and an underground power station. The new Øksenelvane power plant will replace the

    Skanska renovates campus in Plano, Texas, USA, for USD 68M, about SEK 720M

    Skanska has signed a contract with Collin College for renovations to the Plano campus in Plano, Texas, USA. The contract is worth USD 68M, about SEK 720M, which will be included in the US order bookings for the fourth quarter 2024.The project scope encompasses 19,500 square meter of existing building renovations. This includes a new roof, conversion of existing office and classroom spaces into lab areas, updated MEP systems, expanded kitchen and dining room spaces, theater expansion and a new police office. Additionally, there will be a general refresh and reconfiguration of administration

    Skanska invests EUR 76M, about SEK 870M, in the second phase of the H\2\Offices office project in Budapest, Hungary

    Skanska invests EUR 76M, about SEK 870M, in the second phase of H\2\Offices, a three phase office complex in Budapest, Hungary. The 8-storey building will have a gross leasable area of around 22,200 square meters.H2Offices is positioned in Budapest’s bustling Váci Office Corridor. The project offers excellent location in direct vicinity to a public transportation hub and is in 5 minutes car ride from the city center. Connection to nature and environmental consciousness are at the core of the concept. The project will offer a mix of future-focused urban infrastructure, sustainable and

    Skanska invests EUR 90M, about SEK 1 billion, in a new office project in Helsinki, Finland

    Skanska invests EUR 90M, about SEK 1 billion, in a commercial development project in Helsinki, Finland. The 14-storey building called Firdo will have approximately 15,000 square meters of transformable and modern office space. The construction contract is worth EUR 55M, about SEK 630M, which will be included in the Nordic order bookings for the fourth quarter of 2024.The office building will be built in Pasila, Helsinki, which is a vibrant area with excellent services and public transport connections. The building will have a variety of amenities, such as conference and lounge areas,

    Skanska constructs parking garage and improves Logan Airport in Boston, USA, for USD 450M, about SEK 4.7 billion

    Skanska has signed a contract with the Massachusetts Port Authority (Massport) for the construction of a new parking garage and other modernization improvements at Logan Airport’s Terminal E in Boston, USA. The contract is worth USD 450M, about SEK 4.7 billion, which will be included in the US order bookings for the fourth quarter of 2024.As part of Massport’s NCEC Program, this project will include the construction of a greater than 67,400 square meter (725,000 sq. feet) new Terminal E Parking Garage in the existing location. The multi-story structure will feature 5,000 parking spaces, as

    Skanska constructs new freight and express lanes at I-15 in Ontario, California, USA, for USD 336M, about SEK 3.5 billion

    Skanska has, in a joint venture with Coffman Specialties, signed a contract with the San Bernardino County Transportation Authority to construct the Interstate 15 (I-15) Corridor Freight and Express Lanes Project in Ontario, CA, USA. The total contract is worth USD 389M. Skanska will include its share of the contract worth USD 336M, about SEK 3.5 billion, in the US order bookings for the fourth quarter of 2024.This project will create two new express lanes along the median of the San Bernardino stretch of Interstate 15. Skanska will construct a total of 17.4 kilometers of additional express

    Skanska divests the rental residential project Arkaden in Lund, Sweden, for about SEK 520M

    Skanska divests a rental residential project with 139 rental apartments and a grocery store in Lund, Sweden, for about SEK 520M to LF Skåne Hyresfastigheter. The transaction will be recorded by Skanska Commercial Development in the fourth quarter of 2024, while transfer of ownership will take place in the second quarter of 2027. The construction contract, worth about SEK 340M, will be included in the order bookings for Skanska Sweden in the fourth quarter of 2024.The Arkaden project is located in Råbylund, approximately three kilometers from Lund's city centre. The block will consist of

    Skanska divests the office building Least2 in Luleå, Sweden, to Luleälven Fastigheter AB for about SEK 240M

    Skanska divests the self-developed office building Least2 in Luleå, Sweden, for about SEK 240M. The buyer is Luleälven Fastigheter AB. The sale will be recorded by Skanska Commercial Property Development in the fourth quarter of 2024. The transfer will take place in the fourth quarter of 2024.The office building that was completed this year has a gross area of 6,570 square meters spread over six floors. It is fully leased to Afry, Kriminalvården and Norrbottens Kommuner. The building is centrally located in Luleå, close to bus and train connections. At the building, there are parking spaces

    Skanska divests the office building P180 in Warsaw, Poland, for EUR 100M, about SEK 1.2 billion

    Skanska has divested the P180 office building in Warsaw, Poland, for EUR 100M, about SEK 1.2 billion. The buyer is INVESTIKA Real Estate Fund and its joint-venture partner - BUD Holdings. The transaction will be recorded by Skanska Commercial Development Europe in the fourth quarter of 2024. The transfer of the property will take place immediately.P180 is located in the Mokotów district of Warsaw, strategically situated near key transportation hubs, including the Wilanowska metro station. The building offers approximately 32,000 square meters of office and retail premises and is now almost

    Skanska invests EUR 24M, about SEK 270M, in a residential development project in Helsinki, Finland

    Skanska invests in a residential development project in Helsinki, Finland. The total investment amounts to EUR 24M, about SEK 270M.The residential development project consists of three buildings, 57 apartments and a parking hall. The project has the highest energy efficiency class, and it is aiming to receive the YL Environmental Classification. The building utilizes a unique seasonal energy storage that uses sea water heated by the sun and the recycled heat of residential buildings. Due to the innovative energy solution the building’s carbon footprint is almost zero during the usage

    Skanska signs contract for the next part of NKT's cable factory in Karlskrona, Sweden, worth about SEK 1.2 billion

    Skanska has signed a contract with NKT HV Cables AB regarding part 2 of construction and installation works at the expansion of NKT's cable factory in Karlskrona, Sweden. The new contract is worth about SEK 1.2 billion, which will be included in the order bookings for Sweden for the fourth quarter 2024.The existing collaboration agreement between the parties, covering parts of the expansion of NKT's cable factory in Karlskrona, is now being supplemented with an additional contract. The new contract covers part 2 of construction and installation works for the tower building and associated

    Skanska renovates historical Legislative Plaza in Nashville, Tennessee, USA, for USD 126M, about SEK 1.3 billion

    Skanska has signed a contract with the Tennessee Department of General Services for renovations to Legislative Plaza in downtown Nashville, Tennessee, USA. The contract is worth USD 126M, about SEK 1.3 billion, which will be included in the US order bookings for the fourth quarter 2024.The project will consist of a complete office space renovation, rework of the War Memorial Plaza, upgrade to Motlow Tunnel, and modernization of elevators, mechanical, electrical and plumbing systems. Built in 1975, the plaza provides space for public events and below houses government office spaces and

    Save the date – Skanska Capital Markets Day, November 18, 2025, in Seattle, Washington state, USA

    Skanska invites investors, analysts and financial media to its Capital Markets Day on November 18, 2025, in Seattle, Washington state, USA. Registration will be available closer to the event. Agenda and more detailed information about the event will be posted on www.group.skanska.com/investors. We are looking forward to seeing you in November 2025 in Seattle, USA.   Welcome! Antonia Junelind, SVP, Investor Relations  Karolina Cederhage, SVP, Communications

    Skanska signs service contract extension in UK for GBP 95M, of which GBP 27M, about SEK 360M, is booked in Q4 2024

    Skanska has signed a seven-year contract extension with Eastbury Park Limited for a range of facilities management services at Northwood military headquarters in Hertfordshire, UK. The total value over the course of the contract will be GBP 95M, about SEK 1.3 billion. The first two years of revenue, GBP 27M, about SEK 360M, will be included in the order bookings for Europe for the fourth quarter of 2024.Building on Skanska’s current facilities management provision at Northwood (consisting of hard and soft services across the whole estate), the contract will see the elements of the services

    Skanska builds tram depot in Helsinki, Finland, for EUR 252M, about SEK 2.9 billion

    Skanska has signed a contract with City Transport Ltd to build a tram depot in Helsinki, Finland. The contract is worth EUR 252M, about SEK 2.9 billion, which will be included in the Nordic order bookings for the fourth quarter of 2024.The new depot consists of 41,000 square meters, and it will serve about 50 trams. It has space for their daily maintenance, cleaning and repair work. The depot will be built by an alliance consortium where Skanska is the main contractor. The alliance also includes City Transport Ltd, Sweco, Sipti Infra, Rejlers and Arkkitehtityöhuone APRT. The project

    Skanska Commercial Property Development divests Oas in Malmö, Sweden, for about SEK 380M to internal portfolio

    Skanska Commercial Property Development Nordic has divested the office building Oas in Malmö, Sweden, to Skanska Investment Properties for about SEK 380M after deduction of remaining investments and deferred tax. The internal transaction has no effect on cash flow and will be recorded in the fourth quarter 2024. The transfer will take place immediately.Oas, developed and constructed by Skanska with a focus on tenant well-being and sustainability, was completed in 2024. The property has a total leasable area of approximately 7,500 square meters and is about 90 percent leased. Tenants include

    Conversion of shares in Skanska AB

    According to Skanska AB’s articles of association, holders of Class A shares are entitled to submit requests to the company for conversion of their shares to Class B shares. Such conversion reduces the total number of votes in the company. In conjunction with a conversion of shares, the company is obliged according to the Swedish Financial Instruments Trading Act (1991:980) to disclose information concerning the change. During November 2024, 7,440 Class A shares were converted to Class B shares at the request of shareholders. Accordingly, the total number of votes in the company

    Skanska invests about SEK 530M in residential project in Täby north of Stockholm, Sweden

    Skanska invests about SEK 530M in the residential project Mandelblomman in Täby Park outside Stockholm. Mandelblomman consists of 156 apartments, 75 parking spaces in a garage and two premises. The construction contract is worth about SEK 350M, which will be included in the order bookings for Skanska Sweden in the fourth quarter of 2024.The residential building will be four to seven stories high and will contain 156 apartments of varying sizes, from one to five rooms and kitchen. A terrace will be built on the roof, and at the back, there will be a lush courtyard with a pergola. The

    Skanska carries out site preparation for upcoming neighborhood in Stockholm, Sweden, for about SEK 300M

    Skanska has signed a contract with the Exploitation Office of the City of Stockholm to carry out site preparation for an upcoming neighborhood at Årstafältet, south of Stockholm, Sweden. The contract is worth about SEK 300M which will be included in the order bookings for Skanska Sweden for the fourth quarter of 2024.The contract includes ground- and utility works with elements of landscaping. The work mainly involves soil reinforcement, extensive and complex new installations and relocations of utilities, as well as the construction of service roads. The project will use 100% fossil-

    Skanska signs additional contract to build a data center in Telemark, Norway, for NOK 569M, about SEK 560M

    Skanska has signed a contract with WS Computing AS to build the core and shell for a new data center facility at Gromstul in Skien municipality, Norway. The contract is worth NOK 569M, about SEK 560M, which will be included in the Nordic order bookings for the fourth quarter 2024.The contract consists of constructing the core and shell for a new hyperscale data center. Work includes building the external envelope including wall cladding, windows, doors and roof coverings, security and other fencing, and various ancillary buildings. Earlier this year, Skanska signed a contract for this

    Fredrik Lundberg and Jan Gurander decline re-election to the Board of Directors of Skanska ahead of the Annual General Meeting 2025

    Board members Fredrik Lundberg and Jan Gurander have given notice to the Nomination Committee of Skanska AB that they are not available for re-election to the Board of Directors ahead of the Annual General Meeting 2025. Fredrik Lundberg has been a member of Skanska’s Board of Directors since 2011 and Jan Gurander since 2019. “On behalf of Skanska and the entire Board I would like to sincerely thank Fredrik and Jan for their dedicated commitment and great contributions. Fredrik’s and Jan’s extensive experience and knowledge has been incredibly valuable to the Board,” says Skanska’s

    Interim report, third quarter 2024

    Highlights according to segment reporting • Revenue amounted to SEK 42.8 billion (40.3); adjusted for currency effects, revenue increased 9 percent. • Operating income amounted to SEK 1.3 billion (0.5); adjusted for currency effects, operating income increased 138 percent. • Earnings per share amounted to SEK 2.28 (1.41). • Operating cash flow from operations amounted to SEK 6.2 billion (0.3) for the period according to IFRS. • Adjusted interest-bearing net receivables(+)/net debt(-) totaled SEK 6.5 billion (Jun 30, 2024: 1.8). • Order bookings in Construction amounted to

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