Construction is Skanska's largest business stream and has operations in selected home markets in the Nordic region, Europe and USA. Here you will find key figures, market drivers and trends.

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 (2019)

SEK M 2019 2018
Revenue 159.579 157.894
Operating income 3.772 1.099
Operating margin, % 2.4 0.7
Free working capital, SEK bn 26.4 25.6
Operating cash flow* 4,849 3,275
Order bookings, SEK bn 145.8 151.7
Order backlog, SEK bn 185.4 192.0
Number of employees 33.225 37.006

* Before taxes, financing operations and dividends.



1) Facilities management or maintenance contract.

Breakdown order backlog, total SEK 185 bn, by customer structure 

2) Mainly private healthcare and educational institutions.


Construction, operating incomeSEK M2019201820172016201501,0002,0003,0004,000
Construction, operating income 2019 2018 2017 2016 2015
SEK M 3772 1099 1205 3546 3874

Revenue & order backlog per market

Home market Percentage of revenue in construction Order backlog
Nordics 33% SEK 62 bn
Europe 14% SEK 25 bn
USA 53% SEK 98 bn

Market drivers and key trends

GDP growth

Growth in the Construction business stream strongly correlates to growth in GDP.

Public investment

Infrastructure investments are largely driven by the public sector.


Urbanization brings an increasing need for infrastructure to be expanded, which increases demand for the construction business streams’ skills and products in areas such as highways, bridges, mass transit and water treatment works.

Construction services

Bridges, roads, hospitals, homes and schools are some examples of what we build, renovate and maintain in our Construction services.

Discover our services in Construction