Skanska Books $6.9B in Q3 Orders, Eyes US Civil Growth
Skanska booked 68 billion Swedish krona ($6.94 billion) in third-quarter orders, and CEO Anders Danielsson says the firm wants to grow its US civil work, Construction Dive reports.
Market Impact
The Q3 intake tied the company record set in the second quarter of 2026, according to Skanska’s Thursday earnings report. Data center and semiconductor projects made up 22.7 billion krona, about a third of the quarter’s total. US work accounted for 46.9 billion krona, roughly 70% of everything the company won. Backlog also hit a record at 328.3 billion krona.
On civil work, Danielsson told Construction Dive the company is “looking to Florida, Utah and Arizona, for example.” Skanska already has building operations in those states and wants to add civil capacity. He said offices in neighboring states have started pursuing infrastructure projects in newer markets, but progress has been “incremental.”
Danielsson said the company stays selective, bidding only where it has a competitive edge, a good client relationship and the right team. That includes walking away from jobs where it lacks local presence or subcontractor relationships, “particularly with electricians for data center builds.” In his words: “We turn down projects where we don’t see that we can hook up with the right partners there.”
He does not expect the midterm elections to change Skanska’s core sectors, citing more than 50 years of US work under different administrations. Congress extended the Infrastructure Investment and Jobs Act through Dec. 11, and Danielsson said he was optimistic lawmakers are aligned on the Build America 250 Act to keep funding going. Data centers face a more local risk, since permits require “local political willingness” and some municipalities are weighing moratoriums.
Q3 operating income was 2.1 billion krona, up 52% year over year. Construction contributed 2.3 billion krona, up 29.2%. A 369 million krona impairment in residential development helps explain the gap.
What It Means for Subcontractors
The source does not name specific projects, bid packages or procurement stages, so the points below are our inference from Danielsson’s comments.
- Electrical contractors: Skanska says it passes on data center projects where it lacks the right electrician relationships. Get pre-qualified with its US building offices now, with safety records, bonding capacity and crew availability documented.
- Civil trades in Florida, Utah and Arizona: Skanska is building out civil operations in these states and already has building crews there. Introduce your firm to its regional offices before the next bidding cycle, since the company says it needs local partners to bid.
- Public-work subs: The IIJA extension runs through Dec. 11, and the Build America 250 Act is the follow-on Danielsson mentioned. Check your backlog against funding timing before that date, and plan for slippage if a longer reauthorization stalls.
- Data center suppliers and installers: Moratorium debates in some municipalities make permitting the main schedule risk. Build permit delays into bid pricing and contract terms for any data center package, particularly in markets with active moratorium talk.
- Before year-end: Skanska says it is selective and favors proven partners. Ask its subcontractor outreach team about prequalification requirements and bid-list registration in your region before year-end.
