Skanska receives extended service contract valued at about SEK 1 billion

Skanska receives extended service contract valued at about SEK 1 billion Skanska Facilities Management has signed an agreement with an existing customer whereby Skanska continues to be responsible for the customer's internal services. The new agreement is valued at SEK 990 M and covers a three-year period. The assignment comprises internal services for various facilities in Sweden. Approximately SEK 820 M will be reported in order bookings for the fourth quarter of 2003. Including the new assignment, the average contract period for Skanska Services's backlog of orders is 2.5 years. Under the agreement, Skanska will continue to supply and develop various facilities management services for worksites and offices. These services include mail and materials handling, security solutions, telephone services, reception, cleaning and staff restaurants. "We value the continued confidence that the customer places in us as a facilities management partner. In cooperation with the customer we will continue to develop and enhance the efficiency of these internal services", says Mats Jönsson, President of Skanska Services, which includes Skanska Facilities Management. Skanska is the largest supplier of facilities management services in the Nordic region. This involves providing and developing facilities management services for companies and authorities, allowing them to focus on their core operations. Skanska's facilities management operations generate annual sales of approximately SEK 2.5 billion. The company currently has approximately 1,800 employees and operations in Sweden, Denmark, Norway, Finland, the UK and Belgium. Customers include Amersham, HP, Östergötland County Council, Philips, Pfizer, Ericsson, Saab, Scania, Volvo Car Corporation and Volvo Trucks. For further information, please contact: Ulf Wretskog, Business Area Manager, Skanska Facilities Management AB, tel +46 8 504 364 05 Staffan Ebenfelt, President, Skanska Facilities Management AB, tel +46 8 504 350 37 Peter Gimbe, Press Officer, Skanska AB, tel +46 8 753 88 38 or +46 70 543 88 38 This and previous releases can also be found at www.skanska.com ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/01/19/20040119BIT20030/wkr0001.pdf PDF