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Skanska renovates and expands hospital in Florida, USA, for USD 47 M, about SEK 306 M

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

Skanska (STO:SKAB) has signed a contract to renovate and expand the Broward Health North Campus in Deerfield Beach, Florida, USA. The full contract amount of USD 47 M, about SEK 306 M, will be included in order bookings for Skanska USA Building for the second quarter of 2014.

The project includes an addition of a 3,200-square-meter emergency department with trauma bays, operating rooms and more than 50 new examination rooms, as well as a new 2,100-square-meter central energy plant. There will also be a re-cladding of the existing bed tower, replacing more than 14,000 square meters of exterior cladding.

Construction is slated to begin in August 2014. The central energy plant and exterior improvements are slated to be completed by summer 2016. The operating suites should be ready in winter 2015, and the expanded emergency department in spring 2016.

Skanska USA is one of the leading development and construction companies in the country, consisting of four business units: Skanska USA Building, which specializes in building construction; Skanska USA Civil, specialized in civil infrastructure; Skanska Infrastructure Development North America, which develops public-private partnerships; and Skanska USA Commercial Development, which develops commercial projects in select U.S. markets. Headquartered in New York, Skanska USA has more than 9,600 employees and its 2013 revenues were SEK 43.5 billion.

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 Latin America.

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

This information was brought to you by Cision http://news.cision.com

Contacts

Skanska USA
Pamela Monastra
Senior Director SE Communications
Tel + 1 404 946 7533
or
Skanska AB
Edvard Lind
Head of Media Relations
Tel +46 (0)10-448 88 08
or
Direct line for media:
Tel +46 (0)10 448 88 99