Skanska

Data centres propel Skanska Rashleigh Weatherfoil to profit

Data centre

Data-centre jobs helped mechanical and electrical (M&E) specialist Skanska Rashleigh Weatherfoil to turn its financial fortunes around last year. Annual accounts for the year to 31 December 2023, posted on Friday (30 August), showed a pre-tax profit of £18.2m. That compares with a £312,000 loss in the previous year. Revenue…

Unions agree access to HS2 London tunnel sites

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Unions have agreed access to HS2 London tunnel sites, ending a five-year battle. SCS, the joint venture (JV) between Skanska, Costain and Strabag, has signed an agreement with unions Unite and GMB allowing union officials to visit workers based at Euston on site. Union members will be able to discuss…

Skanska scoops £105m office development

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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, which was built in 1913…

HS2: costs rise on phase one works

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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 changes to its scope of…

Skanska lauds ‘early engagement’ as profit inches up

Two construction workers in Skanska branded PPE

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 dropped slightly, from £1.38bn to…

Four firms scoop almost £500m of rail work

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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 of the country between 1…

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

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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 architect AHMM, the scheme includes…

Skanska director leaves suddenly after 28 years

Steve Holbrook

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 managing director of Skanska Building…

Data centre job propels Skanksa to top of league

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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 out an early works package…

Skanska wins £158m Docklands data centre job

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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 of five data centres the…