STOCKHOLM, May 7, 2025 /PRNewswire/ --

Highlights according to segment reporting

Revenue amounted to SEK 42.3 billion (36.4); adjusted for currency effects, revenue increased 15 percent.Operating income amounted to SEK 1.1 billion (0.5); adjusted for currency effects, operating income increased 115 percent.Earnings per share amounted to SEK 2.40 (1.28).Operating cash flow from operations amounted to SEK -0.2 billion (-4.9) for the period according to IFRS.Adjusted interest-bearing net receivables(+)/net debt(-) totaled SEK 11.6 billion (Dec 31, 2024: 12.0).Order bookings in Construction amounted to SEK 39.3 billion (46.9). Adjusted for currency effects, order bookings quarter over quarter decreased 17 percent on a strong comparable quarter. The rolling 12-month book-to-build ratio was 115 percent (117).Operating income in Construction amounted to SEK 1.2 billion (0.7), representing an operating margin of 2.8 percent (1.8). The rolling 12-month operating margin was 3.7 percent.Operating income in Project Development amounted to SEK -37 M (-143).Return on capital employed in Project Development was 2.8 percent (-3.1).Return on equity was 10.5 percent (5.9).

STOCKHOLM, April 30, 2025 /PRNewswire/ -- Skanska's interim report first quarter 2025 will be released on Wednesday May 7 at 07:30 am CEST.

The report will be presented by Anders Danielsson, Skanska's President and CEO, and Jonas Rickberg, CFO, at a webcast and audio conference at 10:00 am CEST at Skanska's head office at Warfvinges väg 25 in Stockholm. The presentation will be webcasted live at www.group.skanska.com/investors, where it also will be posted shortly afterwards.

Participate in the audio conference, with the possibility to ask questions:

STOCKHOLM, April 8, 2025 /PRNewswire/ -- Skanska has signed a contract with Caltrans to improve the condition, operation and sustainability of State Route 78 in San Diego County, CA, USA. The contract is worth USD 102M, about SEK 1.1 billion, which will be included in the US order bookings for the first quarter of 2025.

Skanska's scope of work includes constructing an acceleration lane on eastbound Route 78 and rehabilitating the surface structural section for over 40 lane-miles of the roadway. The project also includes building new curb ramps to ADA standards, installing upgraded Midwest Guardrail systems, beyond gore paving and new bridge barrier.

STOCKHOLM, April 4, 2025 /PRNewswire/ -- Skanska has divested the first phase of the Equilibrium office complex in Bucharest, Romania, to Gordiusz Private Equity Fund, managed by Gránit Asset Management, for EUR 52M, about SEK 570M. The transaction will be recorded by Skanska Commercial Development Europe in the second quarter 2025. The transfer of the property is scheduled for the second quarter 2025.

The office complex Equilibrium, that consists of two buildings, has become a landmark in the Northern part of the capital of Romania being located right at the entrance to the most vibrant office submarket - namely Floreasca-Barbu Vacarescu, which is often called the New CBD - in Bucharest. It is developed with the aim of redefining workspaces on one hand and provide a completely new aesthetic perspective on the area on the other hand.

STOCKHOLM, April 3, 2025 /PRNewswire/ -- Skanska has signed a contract with Stockholm Exergi to lay the foundations and build a quay for the upcoming Beccs Stockholm facility, one of the world's largest facilities for capturing and permanently storing biogenic carbon dioxide, in Stockholm, Sweden. The contract is worth about SEK 990M, which will be included in the order bookings for Skanska Sweden for the second quarter of 2025.

The existing agreement between the parties for Phase 1 is now complemented by a contract for Phase 2, which includes foundation, ground, and concrete work for the Beccs building as well as a new quay facility.

STOCKHOLM, April 1, 2025 /PRNewswire/ -- Skanska has signed a contract with the New Jersey Transit Corporation (NJ TRANSIT) for the Raritan River Bridge Replacement project in Middlesex County, New Jersey, USA. The contract is worth USD 421M, about SEK 4.5 billion, which will be included in the US order bookings for the first quarter of 2025.

The project scope involves the demolition of the existing swing bridge superstructure and the construction of new vertical lift bridge towers, lift span, two flanking spans, and communication and signal systems. Additional work to include overhead catenary work, landside earthwork, and rail system work.

STOCKHOLM, March 17, 2025 /PRNewswire/ -- Skanska has published its Annual and Sustainability Report for 2024, including a version in European Single Electronic Format (ESEF). The report, which is attached to this press release, can also be downloaded at group.skanska.com/investors. A printed copy of the report can be ordered on our website or via e-mail to investor.relations@skanska.se.

The report includes financial statements and an overall summary of our performance of the year. For Skanska, 2024 was characterized by yet another year of solid delivery in our Construction business stream. Sales increased on gradually recovering markets in Project Development and we added two more properties in our high-quality office property portfolio in Investment Properties. Our financial position remains robust. Considering performance, the state of the market and our financial strength, the Skanska's Board of Directors propose a dividend of SEK 8.00 per share (5.50).

STOCKHOLM, March 17, 2025 /PRNewswire/ -- Skanska has signed a contract with Northern Kentucky University for renovations to the school's campus in Highland Heights, KY, USA. The contract is worth USD 72M, about SEK 780M, which will be included in the U.S. order bookings for the first quarter 2025.

The project includes a 79,925-square foot (7,400-square meter) addition to the existing Dorothy Westerman Herrmann Science Center, aimed at unifying various academic programs into a centralized STEM facility. This new addition will accommodate departments such as Biological Sciences, Physics, Geology & Engineering Technology, Chemistry & Biochemistry, and Engineering Technology. Additionally, the project includes minor renovations to the current science center.

STOCKHOLM, March 7, 2025 /PRNewswire/ -- Skanska has signed a contract with Sutter Health for an ambulatory surgery center and specialty clinic space in Pleasanton, CA, USA. The contract is worth USD 55M, about SEK 600M, which will be included in the US order bookings for the first quarter of 2025.

The project includes the conversion of an existing 60,000 square foot (5,600 m2) office building to a 20,000 square foot (1,900 m2) ambulatory surgery center and a 40,000 square foot (3,700 m2) specialty clinic space. Once complete, the medical office building and surgery center will feature four operating rooms, three procedure rooms, a full sterile processing department, and spaces for multiple programs including orthopedics, podiatry, and ENT. The project will expand outpatient care services and specialty care needs to the greater Tri-Valley region in Northern California.

STOCKHOLM, March 6, 2025 /PRNewswire/ -- Skanska is investing about SEK 1 billion in the first phase of the office complex Solna Link at Solna Station in Arenastaden, Sweden. The construction contract is worth about SEK 480M, which will be included in the order bookings for Sweden for the first quarter 2025.

The first phase of the nine-storey office building will have a leasable area of approximately 16,000 square meters. The entire Solna Link, located along the tracks at Solna Station, will encompass about 36,000 square meters. In addition to office space, the ground floor will house a gym, conference rooms, lounge, restaurant, café, and bicycle service. Just a few minutes from Solna Link is Westfield Mall of Scandinavia with shops, restaurants, and all other types of services.

STOCKHOLM, March 4, 2025 /PRNewswire/ -- Shareholders in Skanska AB (publ), Reg. No 556000-4615 (the "Company"), are hereby given notice of the Annual General Meeting (the "Meeting") to be held on Monday April 7, 2025 at 10.00 am CEST at Sergel Hub, Sveavägen 10A, Stockholm, Sweden. Registration will begin at 9.00 am CEST. Shareholders will also have the opportunity to exercise their voting rights by postal voting prior to the Meeting.

The presentations by the Chair of the Board of Directors (the "Board"), Hans Biörck, and the CEO, Anders Danielsson, will be available on the Company's website www.group.skanska.com/ under the heading "Corporate Governance/ Shareholders' Meeting/AGM 2025" after the Meeting.

STOCKHOLM, Feb. 7, 2025 /PRNewswire/ -- 

Highlights according to segment reporting

Revenue amounted to SEK 50.6 billion (41.9); adjusted for currency effects, revenue increased 20 percent. Full-year revenue amounted to SEK 177.2 billion (157.1); adjusted for currency effects, revenue increased by 13 percent.Operating income amounted to SEK 2.7 billion (1.0); adjusted for currency effects, operating income increased 189 percent. Full-year operating income amounted to SEK 7.1 billion (3.2); adjusted for currency effects, operating income for the full year increased by 121 percent.Earnings per share amounted to SEK 5.54 (2.48) for the period, and SEK 14.12 (7.89) for the full year.The Board of Directors proposes a dividend of SEK 8.00 (5.50) per share.Operating cash flow from operations amounted to SEK 5.1 billion (4.9) for the period and SEK 6.7 billion (1.1) for the full year, according to IFRS.Adjusted interest-bearing net receivables(+)/net debt(-) totaled SEK 12.0 billion (Sep 30, 2024: 6.5).Order bookings in Construction amounted to SEK 49.6 billion (44.1) for the period. Adjusted for currency effects, order bookings quarter over quarter increased 11 percent. For the full year, order bookings amounted to SEK 207.9 billion (165.8). Rolling 12-month book-to-build ratio was 123 percent (103).Operating income in Construction amounted to SEK 2.1 billion (1.8), representing an operating margin of 4.5 percent (4.4). For the full year, operating income amounted to SEK 5.9 billion (5.6), representing an operating margin of 3.5 percent (3.5).Operating income in Project Development amounted to SEK 0.5 billion (-1.4) for the period. For the full year, operating income was SEK 1.2 billion (-2.6).Return on capital employed in Project Development was 2.6 percent (-3.7).Return on equity was 10.0 percent (5.8).

STOCKHOLM, Jan. 31, 2025 /PRNewswire/ -- Skanska's Year-end report 2024 will be released on Friday, February 7 at 07:30 am CET.

The report will be presented by Anders Danielsson, Skanska's President and CEO, and Pontus Winqvist, acting CFO for the Year-end report 2024, at a press- and audio conference at 10:00 am CET at Skanska's head office at Warfvinges väg 25 in Stockholm. The press conference will be webcasted live at www.skanska.com/investors, where it also will be posted shortly afterwards.

STOCKHOLM, Jan. 29, 2025 /PRNewswire/ -- Skanska has signed a contract with the North Carolina Department of Transportation for the Lindsay C. Warren Bridge rebuild project in Columbia, North Carolina, USA. The contract is worth USD 450M, about SEK 4.9 billion, which will be included in the US order bookings for the first quarter of 2025.

The new fixed-span, high-rise design bridge will be constructed north of the current 4.5-kilometer (2.8-mile) bridge and serve as a reliable access point for North Carolina's eastern counties. It will eliminate mechanical delays and disruptions for travelers by allowing both marine and vehicular traffic to flow unimpeded and will feature two travel lanes, breakdown lanes on each side, clearance over the navigation channel and safety railings.

STOCKHOLM, Jan. 9, 2025 /PRNewswire/ -- Skanska has signed an initial contract with the New York City Economic Development Corporation (NYCEDC) for preconstruction and deconstruction services associated with phase one of the Science Park and Research Campus Kips Bay project (SPARC Kips Bay), in New York, USA. The contract is worth USD 59M, about SEK 650M, which will be included in US order bookings for the first quarter of 2025.

Under this contract, Skanska will initiate preconstruction services and carry out the deconstruction of existing buildings on the current CUNY Hunter College Brookdale campus.

STOCKHOLM, Jan. 7, 2025 /PRNewswire/ -- Skanska has signed a contract with the North Carolina Department of Environmental Quality for the expansion and renovation of lab space in Raleigh, North Carolina. The contract is worth USD 62M, about SEK 660M, which will be included in the US order bookings for the fourth quarter 2024.

The four-phase project will include a 3,100 square meter administration and visitor's center which will connect two existing buildings, the construction of a new courtyard and the 4,900 square meter renovation of three existing buildings to create modular labs, new offices, and conference space. The project also encompasses repurposing a portion of an existing building into a central energy plant to serve as the main source of mechanical and electrical systems for the entire campus. The remainder of this building will be repurposed into a central shipping/receiving and glass wash area. The building will remain operational throughout the entire duration of the project.

STOCKHOLM, Dec. 23, 2024 /PRNewswire/ -- Skanska has signed a contract to modernize Milton S. Eisenhower Library at Johns Hopkins University in Maryland, USA. The contract amount of USD 104 M, about SEK 1.1 billion, will be included in the US order bookings for the fourth quarter of 2024.

The project includes the renovation and thorough interior modernization of Milton S. Eisenhower Library, Johns Hopkins University's flagship library in Baltimore, Maryland. The renovation includes reimagining the 182,000-SF, six-story library built in 1964. The work includes all new finishes and MEP systems, a new communicating stair and skylight providing connectivity and light to the four, below-grade levels. The building envelope includes the restoration of windows and roofing. The project will be LEED® Gold and net-zero ready.

STOCKHOLM, Dec. 17, 2024 /PRNewswire/ -- Skanska invests EUR 76M, about SEK 870M, in the second phase of H2Offices, a three phase office complex in Budapest, Hungary. The 8-storey building will have a gross leasable area of around 22,200 square meters.

H2Offices is positioned in Budapest's bustling Váci Office Corridor. The project offers excellent location in direct vicinity to a public transportation hub and is in 5 minutes car ride from the city center. Connection to nature and environmental consciousness are at the core of the concept. The project will offer a mix of future-focused urban infrastructure, sustainable and innovative solutions, and a landscaped placemaking conceptually connected with the plot's heritage.

STOCKHOLM, Dec. 16, 2024 /PRNewswire/ -- Skanska invests EUR 90M, about SEK 1 billion, in a commercial development project in Helsinki, Finland. The 14-storey building called Firdo will have approximately 15,000 square meters of transformable and modern office space. The construction contract is worth EUR 55M, about SEK 630M, which will be included in the Nordic order bookings for the fourth quarter of 2024.

The office building will be built in Pasila, Helsinki, which is a vibrant area with excellent services and public transport connections. The building will have a variety of amenities, such as conference and lounge areas, restaurant, gym and indoor parking for bicycles.

STOCKHOLM, Dec. 13, 2024 /PRNewswire/ -- Skanska has signed a contract with the Massachusetts Port Authority (Massport) for the construction of a new parking garage and other modernization improvements at Logan Airport's Terminal E in Boston, USA. The contract is worth USD 450M, about SEK 4.7 billion, which will be included in the US order bookings for the fourth quarter of 2024.

As part of Massport's NCEC Program, this project will include the construction of a greater than 67,400 square meter (725,000 sq. feet) new Terminal E Parking Garage in the existing location. The multi-story structure will feature 5,000 parking spaces, as well as spaces for ground transportation on the lower-level.