Skanska upgrades Junction 6 of the M42 in Birmingham, UK, for about GBP 143 M, about SEK 1.7 billion

Skanska has signed a contract with Highways England for the upgrade of Junction 6 of the M42 highway in Birmingham, UK. The contract is worth GBP 143 M, about SEK 1.7 billion, which will be included in the order bookings for Europe for the fourth quarter 2019.

The project near Birmingham Airport is part of the M42 improvement scheme, a major highways project and an important part of the UK strategic road network. The project team will take the scheme from preliminary design stage through to handover.

Construction will start in 2020 and the project will run for five years.

Skanska is one of the leading development and construction companies in Europe. Outside the Nordics, the company has European operations in building construction and civil engineering in Poland, Czech Republic & Slovakia and UK. Skanska develops commercial properties in select home markets in Poland, Czech Republic, Romania and Hungary, while the residential development is active in Prague and Warsaw. In 2018, Skanska had sales of SEK 36 billion and about 14,200 employees in its European operations.

For further information please contact:

Kevin Perlmutter, Head of Corporate Communications, Skanska UK, tel +44 7968 221160

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 a world leader in construction and project development on select markets in the Nordic region, Europe and USA. Driven by the Group’s values, Skanska wants to contribute to a better society. Skanska provides innovative, sustainable solutions for both simple and complex assignments. Skanska has about 38,000 employees, and 2018 revenue totaled SEK 170 billion.