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Skanska renovates and expands office building in Pennsylvania, USA, for USD 63M, about SEK 630M

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Skanska has secured a USD 63M contract for the renovation and expansion of an office facility in Pennsylvania, USA. This contract will be included in the company's US order bookings for Q4 2022. The construction work is currently underway and scheduled for completion by May 2024. This project highlights Skanska's ongoing commitment to expanding its footprint in the US market.

Positive
  • Contract worth USD 63M enhances Q4 2022 order bookings.
  • Project showcases Skanska's growth in the US market.
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  • None.

STOCKHOLM, Dec. 2, 2022 /PRNewswire/ -- Skanska has signed a contract to renovate and expand an office facility in Pennsylvania, USA. The contract is worth USD 63M, about SEK 630M, which will be included in the US order bookings for the fourth quarter of 2022.

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

For further information please contact:

Cynthia Eng,
SVP Head of USA Communications Shared Services,
Skanska USA,
tel +1 (917) 438 4500

Matti Kataja,
Press Officer,
Skanska AB,
tel +46 (0)10 449 67 98

Direct line for media,
tel +46 (0)10 448 88 99

This and previous releases can also be found at www.skanska.com.

The following files are available for download:

https://mb.cision.com/Main/95/3676497/1711327.pdf

20221202 US Office Pennsylvania

 

Cision View original content:https://www.prnewswire.com/news-releases/skanska-renovates-and-expands-office-building-in-pennsylvania-usa-for-usd-63m-about-sek-630m-301692307.html

SOURCE Skanska

FAQ

What is the value of Skanska's recent contract in Pennsylvania?

Skanska's recent contract for renovating an office facility in Pennsylvania is valued at USD 63M.

When is the completion date for the Skanska project in Pennsylvania?

The Skanska project in Pennsylvania is scheduled for completion in May 2024.

How will the Pennsylvania project affect Skanska's financial bookings?

The contract will be included in Skanska's US order bookings for the fourth quarter of 2022.

SKANSKA AB S/ADR

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