Skanska renovates facility near Philadelphia, USA, for USD 85M, about SEK 730M

Skanska has signed a contract with Boeing to renovate a facility near Philadelphia, Pennsylvania, USA. The contract is worth USD 85M, about SEK 730M, which will be included in the US order bookings for the fourth quarter 2017.

Skanska will renovate an existing 28,000-square-meter facility in Ridley Township, as well as 4,600-square-meter of office space.

Construction is underway and is scheduled to be completed by March 2019.

Skanska is one of the leading development and construction companies in USA, specialized in building construction, civil infrastructure and developing commercial properties in select U.S. markets. Skanska also offers services in public-private partnerships. Skanska USA had sales of SEK 59 billion in 2016 and had about 9,300 employees in its operations.

For further information please contact:

Michael Iacovella, Communications, Skanska USA, +1 (917) 438 33 77

Andreas Joons, Press Officer, Skanska AB, tel +46 (0)10 449 04 94

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 41,000 employees. Skanska's sales in 2016 totaled SEK 151 billion.