Skanska builds two schools in Vancouver, Washington, USA for USD 34 M, about SEK 300 M

Skanska signed a contract with Vancouver Public Schools to build an elementary and middle school complex in Vancouver, WA. The contract is worth USD 34 M, about SEK 300 M, which will be included in order bookings for Skanska USA for the third quarter of 2018.

Construction began in July 2018 and is scheduled for completion in Summer 2020.

Skanska is one of the leading construction and development companies in the USA, specializing in building construction, civil infrastructure, public-private partnerships and commercial property developments in select US markets. Skanska USA had sales of SEK 59 billion in 2017 and has approximately 9,500 employees.

For further information, please contact:

Terri-Ann Betancourt, Director Communications West Coast, tel + 1 206 494 5440

Patric Elmén, acting Head of Media Relations, tel +46 (0) 449 31 34

Direct line for media, tel +46 (0)10 448 88 99

This and previous releases can also be found at www.skanska.com

Skanska is one of the world’s leading construction and project development companies, focused on selected home markets in the Nordic region, Europe and USA. Supported by global trends in urbanization and demographics, and by being at the forefront in sustainability, Skanska offers competitive solutions for both simple and the most complex assignments, helping to build a sustainable future for customers and communities. The Group has about 40,000 employees. Skanska's sales in 2017 totaled SEK 161 billion.