Residential Development

Residential Development provides homes in selected geographic markets in the Nordic region and Europe. Here you will find key figures, market drivers and trends.

To help make people’s lives better and easier, Skanska develops homes that are well-designed, responsibly produced, reasonably priced and in good locations. Residential Development together with the Construction business stream delivers these homes in optimal ways.

Key figures (2020)

SEK M 2020 2019
Revenue 13,070 12,483
Operating income 1,543 1,195
Operating margin, % 11.8 9.6
Investments -10,419 –9,437
Divestments 11,710 11,793
Operating cash flow from business activities* 164 2,702
Capital employed, SEK bn 13.6 13.0
Return on capital employed, %** 12.8 9.8
Number of employees 571 551

* Before taxes, financing operations and dividends.
** A definition is provided in Note 43 in the Skanska Annual and Sustainability Report 2020.

Market drivers and key trends

Household confidence indicator

Potential customers’ views on future pay raises, housing costs, interest rates and credit supply affect purchase decisions.


Leading to increased Demand for homes.

Shortage of housing

Housing production has lagged behind population growth, resulting in an undersupply – more homes need to be built.

Homes offer

Skanska designs and builds attractive homes that make people's everyday lives better and easier.

Discover our homes offers