Skanska signs contract with healthcare client in Northwest United States for USD 75M, about SEK 790M

Rhea-AI Summary

Skanska has secured a contract with a healthcare client in the Northwestern United States valued at USD 75 million (approximately SEK 790 million). The contract will be recorded in the US order bookings for the second quarter of 2024.

Work on the project has already commenced and is slated for completion by the fourth quarter of 2025.

Contact information: Daniela Arellano, Communications Director, Skanska Building USA, tel +213-317-4977 and Olof Rundgren, Media Relations Manager, Skanska USA, tel +46 10 448 67 94.

Positive

• Secured a USD 75M contract with a healthcare client in the Northwestern United States.
• The contract will be included in the US order bookings for Q2 2024.

Negative

• Project completion is scheduled for Q4 2025, a lengthy timeline that may impact financials and investor sentiment.

STOCKHOLM, June 28, 2024 /PRNewswire/ -- Skanska has signed a contract with a healthcare client in the Northwestern United States worth USD 75M, about SEK 790M, which will be included in the US order bookings for the second quarter of 2024. 

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

CONTACT:

For further information please contact:

Daniela Arellano, Communications Director, Skanska Building USA, tel +213-317-4977

Olof Rundgren, Media Relations Manager, Skanska USA, tel +46 10 448 67 94

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

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

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/skanska/r/skanska-signs-contract-with-healthcare-client-in-northwest-united-states-for-usd-75m--about-sek-790m,c4008837

The following files are available for download:  

https://mb.cision.com/Main/95/4008837/2892924.pdf

20240628 US Health care Northwestern US

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SOURCE Skanska

FAQ

What is the value of the contract Skanska signed with a healthcare client in the Northwestern United States?

The contract is valued at USD 75 million, approximately SEK 790 million.

When will the new Skanska contract be included in their order bookings?

The contract will be included in the US order bookings for the second quarter of 2024.

What is the expected completion date for Skanska's new healthcare project in the Northwestern United States?

The project is expected to be completed in the fourth quarter of 2025.

Who can be contacted for more information about Skanska's new healthcare project?

For more information, contact Daniela Arellano, Communications Director, Skanska Building USA at +213-317-4977 or Olof Rundgren, Media Relations Manager, Skanska USA at +46 10 448 67 94.