Skanska News, Contracts and Projects | Construction News

Skanska scoops £105m office development

Joshua Stein — Mon, 15 Jul 2024 10:53:00 +0000

Skanska has secured the contract to replace a nine-storey office block overlooking London’s River Thames, involving the reconstruction of the retained century-old facade. The Swedish contractor will design and build the 12,100 square metre flexible workspace for Baola Properties at 7 Millbank (pictured). The facade,…

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HS2: costs rise on phase one works

Ian Weinfass — Mon, 15 Jul 2024 08:00:26 +0000

Costs have risen on the main civils works of HS2 in the south of England. Skanska revealed in a stock market statement on Friday that it is set to receive an extra £50m for its role on the southern section of the megaproject after agreeing…

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Skanska lauds ‘early engagement’ as profit inches up

Joshua Stein — Tue, 09 Jul 2024 11:43:49 +0000

Skanska has hailed “early contractor involvement” as it reports an increased profit for last year. The Swedish contractor’s UK arm, Skanska UK, penned a pre-tax profit of £27.3m in the year to 31 December 2023, up from £24.5m in the previous year. The contractor’s turnover…

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Four firms scoop almost £500m of rail work

Greg Pitcher — Thu, 28 Mar 2024 15:56:38 +0000

Network Rail has appointed four firms to deliver £490m of construction works over the next five years. The national infrastructure operator selected the contractors for its North West and Central Region Control Period 7 Framework A. The deal will cover large projects across that part…

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Morgan Sindall and Skanska sign for Cambridge jobs worth £277m

Ben Vogel — Thu, 22 Feb 2024 13:02:23 +0000

Morgan Sindall Construction and Skanska UK have each won jobs in Cambridge from rail pension-fund manager Railpen. Skanska has picked up a £200m contract to build the 50,000 square metre Botanic Place office scheme on Hills Road, close to the university’s botanical gardens. Designed by…

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Skanska director leaves suddenly after 28 years

Greg Pitcher — Mon, 13 Nov 2023 12:34:56 +0000

Skanska stalwart Steve Holbrook has left the firm with immediate effect after almost three decades of service. Holbrook joined the Swedish-owned construction firm in 1995, initially as a sponsored student midway through his undergraduate studies at Loughborough University. He rose through the ranks to become…

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Data centre job propels Skanksa to top of league

Charlotte Banks — Fri, 03 Nov 2023 07:00:25 +0000

Skanska has topped October’s contractor league table with a single contract win – a £158m data-centre fit-out job. The firm will install electrical plant, air conditioning, ventilation, lifts and a roof gantry at Telehouse South in London’s Docklands for data-centre provider Telehouse. Skanska previously carried…

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Skanska wins £158m Docklands data centre job

Kerry Lorimer — Tue, 10 Oct 2023 10:46:27 +0000

Skanska has landed one of its largest fit-out jobs, winning a £158m contract for a data centre in London’s Docklands. The work will form part of an upgrade of global data centre provider Telehouse’s largest facility. The 10-storey Telehouse South, in Blackwall Yard, is one…

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Skanska’s profit and turnover soar

Catherine Moore — Tue, 15 Aug 2023 14:06:26 +0000

Skanska UK saw its profit and revenue increase in 2022, according to just-filed company accounts. The contractor's pre-tax profit rose to £55m, a 59 per cent increase on the previous year's £34.7m. Turnover increased to £1.4bn, a 17 per cent increase on the previous year's…

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‘Electricity superhighway’ puts Bam top of monthly contracts table

Charlotte Banks — Mon, 07 Aug 2023 06:00:10 +0000

Royal Bam topped the monthly contractors’ league table in July for the first time since 2020, after it was chosen to build converter stations at each end of a £2bn undersea cable between Scotland and England. The firm was awarded £500m for its share of…

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