Construction
Modern hospitals, bridges, schools, mass-transit and other key facilities are necessary for society to thrive. Construction – the largest business stream in terms of revenue and people, leverages Skanska’s local and Group-wide expertise and resources to enhance communities.
For society to thrive, people need well-functioning workplaces, housing, transportation hubs, schools, hospitals and other key facilities. Construction – the largest business stream in terms of revenue and number of employees – leverages Skanska's local and Group-wide expertise and resources to enhance communities.
Key figures (2020)
| SEK M | 2020 | 2019 |
|---|---|---|
| Revenue | 140.483 | 159.579 |
| Operating income | 3.528 | 3.772 |
| Operating margin, % | 2.5 | 2.4 |
| Free working capital, SEK bn | 25.8 | 26.4 |
| Operating cash flow* | 6.451 | 4.849 |
| Order bookings, SEK bn | 149.8 | 145.8 |
| Order backlog, SEK bn | 178.9 | 185.4 |
| Number of employees | 30.944 | 33.225 |
* Before taxes, financing operations and dividends.
Market drivers and key trends
GDP growth
Strong correlation with growth in the Construction business stream.
Public investment
Infrastructure investments are largely driven by the public sector.
Urbanization
Urbanization is a major driver of infrastructure investments in areas such as highways, bridges, mass transit airports and water treatment works.