STOCKHOLM, Nov. 6, 2024 /PRNewswire/ --

Highlights according to segment reporting

Revenue amounted to SEK 42.8 billion (40.3); adjusted for currency effects, revenue increased 9 percent.Operating income amounted to SEK 1.3 billion (0.5); adjusted for currency effects, operating income increased 138 percent.Earnings per share amounted to SEK 2.28 (1.41).Operating cash flow from operations amounted to SEK 6.2 billion (0.3) for the period according to IFRS.Adjusted interest-bearing net receivables(+)/net debt(-) totaled SEK 6.5 billion (Jun 30, 2024: 1.8).Order bookings in Construction amounted to SEK 50.8 billion (32.7). Adjusted for currency effects, order bookings quarter over quarter increased 63 percent. Rolling 12-month book-to-build ratio was 124 percent (107).Operating income in Construction amounted to SEK 1.5 billion (1.4), representing an operating margin of 3.6 percent (3.3).Operating income in Project Development amounted to SEK -0.3 billion (-0.8), including property asset impairment charges of SEK -0.3 billion.Return on capital employed in Project Development was -0.4 percent (0.7), following weak property markets.Return on equity was 7.9 percent (9.5).

STOCKHOLM, Nov. 4, 2024 /PRNewswire/ -- Skanska has signed a contract with a Grosvenor and Mitsui Fudosan UK joint venture to construct South Molton that comprises two new category A office buildings in London, UK. The contract is worth GBP 197M, about SEK 2.6 billion, which will be included in the order bookings for Europe in the fourth quarter of 2024.

Skanska will lead construction of two new office buildings that form part of the wider redevelopment of South Molton in Mayfair, London. Totalling 24,800 square meter (267,000 square feet), the project involves the demolition of existing buildings and construction of two new buildings to provide a total of 13,800 square metre (149,000 square feet) of offices fitted out to category A standard. The project also includes the provision of retail, leisure, food and beverage outlets, including the renovation of the Running Horse public house.

Skanska's Interim report third quarter 2024 will be released on Wednesday, November 6 at 07:30 am CET.

STOCKHOLM, Oct. 30, 2024 /PRNewswire/ -- The report will be presented by Anders Danielsson, Skanska's President and CEO, and Pontus Winqvist, acting EVP and CFO, 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.

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

STOCKHOLM, Oct. 29, 2024 /PRNewswire/ -- Skanska has signed a contract with Lee Health for the construction of a new hospital and medical office building in Fort Myers, Florida, USA. The contract is worth USD 435M, about SEK 4.6 billion, which will be included in the US order bookings for the fourth quarter of 2024. 

The project consists of constructing an approximately 38,600 square meter (416,000-square-foot), five story hospital, a central energy plant, and a 11,600 square meter (125,000-square-foot) medical office building which includes an ambulatory surgery center. The project scope includes over a dozen operating rooms, rehabilitation gymnasium and specialty clinics for orthopedics, spine, rheumatology care, and infectious diseases - totaling over 52,000 square meter (560,000 square feet) of exceptional healthcare services.

STOCKHOLM, Oct. 22, 2024 /PRNewswire/ -- Skanska has signed an additional contract with Columbia Memorial Hospital for a hospital expansion project in Astoria, Oregon, USA. The contract is worth USD 153M, about SEK 1.6 billion, which will be included in the US order bookings for the fourth quarter of 2024.

The project includes a four story 16,900 square meter (182,000-SF) expansion to the existing hospital to include an expanded emergency department, improved operating rooms, larger patient rooms, space for mechanical equipment, among other enhancements. The expansion will allow Columbia Memorial Hospital to provide new services and the latest medical technology to address the community's health needs.

STOCKHOLM, Oct. 4, 2024 /PRNewswire/ -- Skanska has signed a contract with Harris Health System for the construction of a new healthcare building in Houston, Texas, USA. The contract is worth USD 54M, about SEK 570M, which will be included in the US order bookings for the third quarter of 2024.

The project consists of construction of a new four-story building for the occupancy by the Harris Health Central Fill Pharmacy and associated departments. Additionally, the new building will incorporate spaces on levels 1 and 2, allowing for the flexible expansion of clinical spaces in the future. This strategic planning ensures that the new facility can adapt to evolving needs and continue to provide comprehensive and efficient healthcare services.

STOCKHOLM, Oct. 4, 2024 /PRNewswire/ -- Skanska has, in a joint venture with McCourt Construction and AETNA Bridge Company, signed a contract with the Rhode Island Department of Transportation for the design-build of the I-95 15 Project in Providence, Cranston, and Warwick, Rhode Island, USA. The total contract is worth USD 625M. Skanska will include its share of the contract worth USD 417M, about SEK 4.4 billion, in the US order bookings for the third quarter of 2024.

The complex project scope addresses the I-95 corridor holistically to encourage the safe movement of 185,000 vehicles daily by removing 15 bridges, reducing the total deck area by 17.5 percent, and improving the flow of 45.2 billion tons of truck freight annually.

STOCKHOLM, Oct. 3, 2024 /PRNewswire/ -- Skanska has signed two supplemental contracts with a healthcare client to renovate an existing retail building into a healthcare facility in New York, USA. These contracts total USD 84M to date, about SEK 880M, which will be included in the US order bookings for the third quarter 2024.

The project includes the renovation of an approximately 15,000 square meter, existing three-story building. The scope of work entails new exam rooms, consultation and staff offices for physician practices including gastroenterology, orthopaedics, cardiology/nuclear medicine and pulmonology.

STOCKHOLM, Oct. 2, 2024 /PRNewswire/ -- Skanska has received a supplemental award with an existing client to build additional data halls at a data center in Georgia, USA. The supplemental award is worth USD 80M, about SEK 840M, which will be included in the US order bookings for the third quarter of 2024.

The project is the construction of four additional data halls on a previous data center site in Georgia.

Work is underway and is scheduled for completion in the third quarter of 2025.

For further information please contact:

STOCKHOLM, Oct. 2, 2024 /PRNewswire/ -- Skanska has signed an additional contract with an existing client to build another data center in Arizona, USA. The contract is worth USD 241M, about SEK 2.5 billion, which will be included in the US order bookings for the third quarter of 2024.

The project consists of a single-story data center, totalling approximately 22,800 square meter (245,000 square feet).

Work will begin in October 2024 and is scheduled for completion in the second quarter of 2026. 

STOCKHOLM, Oct. 2, 2024 /PRNewswire/ -- Skanska has signed a contract with an existing client to build a data center in Arizona, USA. The contract is worth USD 241M, about SEK 2.5 billion, which will be included in the US order bookings for the third quarter of 2024.

The project consists of a single-story data center, totalling approximately 22,800 square meters (245,000 square feet).

Work is underway and is scheduled for completion in the third quarter of 2026. 

For further information please contact:

STOCKHOLM, Sept. 23, 2024 /PRNewswire/ -- Skanska has, in a joint venture with ECCO III Enterprises, Inc., signed a contract with the New York City Department of Environmental Protection (NYCDEP) for the Hillview Reservoir Chemical Addition Facilities Construction project in Yonkers, New York, USA. The project is mandated by the Hillview Reservoir Consent Decree and Judgment. The contract is worth USD 848M. Skanska will include its 75 percent share of the contract worth USD 630M, about SEK 6.6 billion, in the US order bookings for the third quarter of 2024.

STOCKHOLM, Sept. 18, 2024 /PRNewswire/ -- Skanska has signed a contract with the University of North Texas for the construction of a new building in Denton, Texas, USA. The contract is worth USD 87M, about SEK 920M, which will be included in the US order bookings for the third quarter 2024.

The project involves the construction of a new 10,300 square-meter (111,000-square-foot) multidisciplinary research and teaching building on the university's Denton campus. This state-of-the-art facility will fulfill a critical need for more modern facilities that support collaborative and interdisciplinary research on the campus. The new building will expand research space for areas such as biology, biomedical engineering, chemistry, physics, data science, and computer science and engineering while creating experiential learning opportunities for students. The building will be constructed with a cast-in-place structure and showcase a façade combining masonry, curtain walls, and metal panels.

STOCKHOLM, Aug. 20, 2024 /PRNewswire/ -- Skanska has signed a contract with an existing client to build a data center in Arizona, USA. The contract is worth USD 153M, about SEK 1.6 billion, which will be included in the US order bookings for the third quarter of 2024.

The project consists of a single-story data center, totalling approximately 23,200 square meters (250,000 square feet).

Work is underway and is scheduled for completion in the fourth quarter of 2025. 

For further information please contact:

STOCKHOLM, Aug. 15, 2024 /PRNewswire/ -- Skanska has signed a contract with Medpace, a clinical research company, for the construction of a new office building in Cincinnati, Ohio, USA. The contract is worth USD 164M, about SEK 1.7 billion, which will be included in the US order bookings for the third quarter 2024.

The project involves constructing a new 52,200 square meter (562,000-SF), nine-story building featuring a six-story office tower atop a three-floor parking garage and conference center. The office building will be built on the existing Medpace campus, where Skanska has successfully completed several projects.

STOCKHOLM, Aug. 13, 2024 /PRNewswire/ -- Skanska has signed a long-term lease agreement with a global advertising technology firm for approximately 4,400 square meters plus 2,000 square meters for parking at the office building The Eight in Bellevue, Washington, USA. With this contract, 82 percent of the space is now leased. The tenant is expected to take occupancy beginning the second quarter of 2025.

This is the second office lease at the 67,800 square meter Class A+ office tower located in downtown Bellevue. Skanska previously announced the firm's largest single lease for 48,900 square meters, of which 14,150 square meters accounted for parking.

STOCKHOLM, Aug. 9, 2024 /PRNewswire/ -- Skanska has received a supplemental award with an existing client to build a data center in Georgia, USA. The supplemental award is worth USD 203M, about SEK 2.1 billion, which will be included in the US order bookings for the third quarter of 2024.

The project includes the construction of a 244,090 square-foot data center, associated site work, and underground utilities. The scope also includes fitout of an administration space and five data halls.

Work is underway and is scheduled for completion in the first quarter of 2026.