Skanska reports record order backlog of US$22 billion

Mitchell Keller Managing Editor, American Cranes & Transport

13 February 2024

Skanska has reported that its 2023 full-year revenue stood at SEK 157.1 billion (US$14.9 billion), down 6% from 2022.

In construction activities, order bookings equalled €14.8 billion (US$15.9 billion) with a rolling 12-month book-to-build ratio of 103%. According to Skanska, its order backlog remained high.

“It’s at a historically high level,” said Skanska president and CEO Anders Danielsson, adding the construction backlog sits at €20.5 billion (US$22 billion).

For…

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