Skanska signs additional contracts for office improvements in western USA for USD 70M, about SEK 670M

Skanska has signed additional contracts with an existing client for improvements to their corporate office campus in the western USA. The contract with our joint venture Skanska Balfour Beatty is worth USD 139M. Skanska’s portion is worth USD 70M, about SEK 670M, which will be included in the US order bookings for the second quarter of 2022.

Construction is underway and is scheduled for completion in March 2024.

For further information please contact:

Daniela Arellano, Communications Director, Skanska USA, tel +1 (213) 317-4977

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 Group uses knowledge & foresight to shape the way people live, work, and connect. Over 135 years in the making, we’re one of the world’s largest project development and construction companies, with 2021 revenue totaling SEK 148 billion. We operate across select markets in the Nordics, Europe and USA. Together with our customers and the collective expertise of our 30,000 teammates, we create innovative and sustainable solutions that support healthy living beyond our lifetime.