Skanska signs additional contract for corporate office improvements in western USA for USD 51.1 M, about SEK 481 M

Skanska has booked an additional order with an existing client for improvements to their corporate office in the western USA. The incremental contract with our joint venture of Skanska Balfour Beatty is worth USD 102.2 M; Skanska’s contract value is USD 51.1 M, about SEK 481 M, which will be included in the US order bookings for the second quarter 2019.

Construction is underway.

Skanska is one of the leading construction and development companies in USA, specialized in building construction, civil infrastructure and developing commercial properties in select U.S. markets. Skanska USA had sales of SEK 67 billion in 2018 and had about 9,000 employees in its operations.

For further information please contact:

Terri-Ann Betancourt, Director of Communications, Skanska USA, tel +1 206 494 5440

Jacob Birkeland, Head of Media Relations, Skanska AB, tel +46 (0)10 449 19 57

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 38,000 employees. Skanska's sales in 2018 totaled SEK 170 billion.