Press release (regulatory)

Skanska selected as partner to Welsh Water’s Asset Management Programme in UK

Skanska in a partnership with Hyder Consulting Ltd has been appointed as part of Welsh Water’s AMP6 programme in the UK. 

The total contract runs from 2015 to 2020, with an option of a five year extension. The value to Skanska over the first two years will be about GBP 46 M, about SEK 580 M, which will be included in order bookings for Skanska UK in the first quarter of 2015.

Work starts in April 2015, following an early contractor phase involving all partners.

Skanska UK reported revenues of about SEK 15 billion in 2014. It has around 5,000 employees. The company is active in building and civil construction, utilities and building services, as well as facilities management and commercial development. In the UK, Skanska is a leader in public private partnerships, PPPs, also known as Privately Financed Initiatives, PFIs.

For further information please contact:

Magnus Persson, Senior Vice President Investor Relations, Skanska AB, tel +46 10 448 64 29

Kevin Perlmutter, Head of Communications - Infrastructure, Skanska UK, tel +44 (0)1923 423906

This and previous releases can also be found at www.skanska.com/media

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Jacob Birkeland

Head of Media Relations & Public Affairs

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Andreas Joons

Media Relations Manager

Olof Rundgren

Olof Rundgren

Media Relations Manager

A man in a dark suit and white shirt stands against a plain white background.

Jacob Birkeland

Head of Media Relations & Public Affairs

Bald man wearing a black shirt and blazer against a white background.

Andreas Joons

Media Relations Manager

Olof Rundgren

Olof Rundgren

Media Relations Manager