Media

Skanska builds new double-track on the West Coast Line, Sweden, for about SEK 1.7 billion

Skanska has signed a contract with the Swedish Transport Administration to build double-track on the West Coast Line, Sweden. The contract is worth about SEK 1.7 billion, which will be included in the order bookings for Sweden for the second quarter 2020.

Skanska builds office space in Sleepy Hollow, New York, USA, for USD 32 M, about SEK 310 M

Skanska has signed a contract with Regeneron Pharmaceuticals Inc. to construct the interior fit-out of their office space in Sleepy Hollow, New York, USA. The contract is worth USD 32 M, about SEK 310 M, which will be included in the US order bookings for the first quarter 2020.

Skanska provides preconstruction services and site demolition in New York City, USA for USD 34 M, about SEK 330 M

Skanska has signed a contract with the New York City Economic Development Corporation (NYCEDC) for preconstruction services and site demolition related to the New York City Public Health Lab in New York City, USA. The contract is worth USD 34 M, about SEK 330 M, which will be included in the US order bookings for the first quarter of 2020.

Conversion of shares in Skanska AB

In conjunction with a conversion of shares, the company is obliged, according to the Financial Instruments Trading Act (1991:980), to disclose information concerning the change.

Skanska builds multi-family buildings for Stena Fastigheter in Gothenburg, Sweden, for about SEK 550 M

Skanska has signed a contract with Stena Fastigheter AB to build multi-family buildings in Ekebäckshöjd in Gothenburg, Sweden. The contract is worth about SEK 550 M, which will be included in the order bookings for Sweden for the first quarter 2020.

Skanska’s Board of Directors has resolved to exercise the authorization given by the AGM to acquire Series B shares in Skanska

At the statutory Board meeting on March 26, 2020, the Board resolved to exercise the authorisation given by the Annual General Meeting on March 26, 2020 to acquire own Series B shares in Skanska on the following terms and conditions to secure delivery of Series B shares to participants in the Skanska employee ownership program adopted by the Annual General Meeting on March 28, 2019 (Seop 5).

Communique from the 2020 Annual General Meeting of Skanska AB (publ)

The 2020 Annual General Meeting of Skanska AB (publ) was held on Thursday March 26, 2020 in Stockholm, Sweden.

The Nomination Committee proposes unchanged Board fees

As a consequence of the ongoing situation regarding covid-19, Skanska’s Nomination Committee has decided to withdraw its proposal to the Annual General Meeting on 26 March 2020 to approve an increase of the Board fees (item 13 on the agenda). Instead, the Nomination Committee proposes no change to the Board fees compared to 2019.

Skanska Financial Services AB (publ)’s Annual Report available on website

Skanska Financial Services AB (publ)’s Annual Report for 2019 is now available on Skanska's website, at https://group.skanska.com/investors/funding/skanska-financial-services-ab/.

The Board of Directors decides to withdraw the dividend proposal

Due to the prevailing uncertainty caused by COVID-19, the Board of Directors has decided to withdraw the dividend proposal to the Annual General Meeting to be held on March 26. The Group has a strong balance sheet with good liquidity, and significant unutilized credit facilities. The Board of Directors has the ambition, if the circumstances permit, to convene an Extra General Meeting in the autumn to decide on the dividend.