Skanska constructs motorway in the UK for GBP 129 M, about SEK 1.3 billion
| Source:Skanska AB
Skanska UK has signed a contract for improvements to M1 Junction 19 with the
UK’s Highways Agency. The contract is worth about GBP 129 M, about SEK 1.3
billion, which will be included in the order bookings for Skanska UK in the
fourth quarter of 2013.
M1 Junction 19 is a major UK road intersection and the scope of works includes
the construction of direct free-flow links, easing traffic movements at the
intersections linking the M1, M6 and A14. The scheme also includes refurbishment
works to three local roads. The project will lead to improved safety and journey
Full construction works will begin in January 2014 and target completion is set
for at the end of 2016 or beginning of 2017.
Skanska UK reported revenues of about SEK 12 billion in 2012. It has around
5,000 employees. The company is active in building and civil construction,
utilities and building services, as well as facilities management. In the UK,
Skanska is a leader in public private partnerships, PPPs, also known as
Privately Financed Initiatives, PFIs.
For further information, please contact:
David Tuddenham, Communications, Skanska UK, tel +44 1923 423494
Edvard Lind, Head of Media Relations, Skanska AB, tel +46 10 448 88 08
Direct line for media: tel +46 10 448 88 99
This and previous releases can also be found at www.skanska.com
Skanska AB may be required to disclose the information provided herein pursuant
to the Securities Markets Act.
Skanska is one of the world’s leading project development and construction
groups with expertise in construction, development of commercial and residential
projects and public-private partnerships. Based on its global green experience,
Skanska aims to be the clients' first choice for Green solutions. The Group
currently has 57,000 employees in selected home markets in Europe, in the US and
Headquartered in Stockholm, Sweden and listed on the Stockholm Stock Exchange,
Skanska's sales in 2012 totaled SEK 132 billion.
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