Skanska renews maintenance contracts for offshore platforms in Brazil for BRL 192 M, about SEK 547 M

ÖSTERSUND, Sweden--()--Regulatory News:

Skanska has renewed two contracts to perform maintenance services on offshore platforms for Petrobras in the area of Macae, Brazil. The combined amount of the contracts is BRL 192 M, about SEK 547 million, which will be included in order bookings for Skanska LA in the third quarter of 2014.

The contracts comprise the execution of electrical and mechanical maintenance services on equipment installed in fifteen offshore platforms during a two-year period.

Skanska Latin America is one of the region’s leading contractors. Operations focus primarily on operation and maintenance services for the international oil & gas, energy and mining industries. Skanska Latin America has more than 14,000 employees and its 2013 revenues were SEK 8.5 billion.

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, the US and Latin America. Headquartered in Stockholm, Sweden and listed on the Stockholm Stock Exchange, Skanska's sales in 2013 totaled SEK 136 billion.

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Contacts

For further information, please contact:
Edvard Lind, Head of Media Relations, Skanska AB, tel +46 (0)10 448 88 08
Direct line for media: tel +46 (0)10 448 88 99
This and previous releases can also be found at www.skanska.com

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Contacts

For further information, please contact:
Edvard Lind, Head of Media Relations, Skanska AB, tel +46 (0)10 448 88 08
Direct line for media: tel +46 (0)10 448 88 99
This and previous releases can also be found at www.skanska.com