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    Industry Pulse News Desk · · 1h ago

    Skanska Secures Record Order Intake for Second Consecutive Quarter

    High demand for U.S. data center construction helped maintain a robust backlog for multinational contractor Skanska in the third quarter.

    Skanska Secures Record Order Intake for Second Consecutive Quarter

    Multinational construction group Skanska reported a second consecutive quarter of record order intake, propelled by sustained demand for data center projects in the United States. The strong order volume maintained a robust project backlog for the company through the end of the third quarter.

    Chief Executive Officer Anders Danielsson confirmed that the company's North American operations continue to be a primary growth engine. Increased capital spending by major technology companies on digital infrastructure has led to a surge in complex commercial building contracts across key U.S. markets.

    In addition to its expanding data center portfolio, Skanska is actively pursuing opportunities to broaden its U.S. civil infrastructure footprint. The strategy targets large-scale transportation, highway, and public works projects supported by federal funding initiatives and regional modernization programs.

    The firm's commercial development and residential building divisions also demonstrated stability during the period, balancing broader economic pressures in European markets. Skanska continues to prioritize high-margin engineering and construction contracts in stable regulatory jurisdictions.

    Company executives expressed confidence in maintaining strong order momentum through the remainder of the fiscal year, citing a deep project pipeline and persistent commercial demand for specialized technical facilities.