Skanska signs additional contract for manufacturing facility in western USA for USD 48 M, about SEK 440 M

Skanska has booked an additional order with an existing client for the construction of a manufacturing facility in western USA. The incremental expansion of the contract is worth USD 48 M, about SEK 440 M, which will be included in the US order bookings for the first quarter 2019.

Skanska previously announced bookings for the same project in 2017.

Construction work is under way and the project is scheduled for completion in the second quarter of 2022.

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 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.