Without a healthy backlog of projects, contractors have nothing to build upon. For Stockholm-based Skanska, that pipeline has grown much more robust in the last three months.
For the second quarter, Skanska reported 68 billion Swedish krona ($7 billion) in order bookings, up 20% from the same period in 2025. That marked a record for order intake, CEO Anders Danielsson said during an earnings call Friday. Of that new work, 39.5 billion krona was in the U.S.
“This quarter was a very good one, but we always say you can’t build a trend on one quarter,” CFO and Executive Vice President Pontus Winqvist told Construction Dive after the firm’s earnings call. “Generally I would say it’s a good market out there.”
He added, “Of course, it could be a little bit lumpy between the different quarters.”
The same markets that bolstered the firm’s results previously remained strong for Skanska. Data centers — which Winqvist said make up about 10% of Skanska’s backlog — and civil infrastructure construction have kept the firm busy in the U.S.
Meanwhile, Winqvist said the contractor is largely not worried about headwinds such as rising material prices and growing data center pushback.
Skanska reported operating profit of 2.1 billion Swedish krona for the second quarter of 2026, a roughly 17% increase from the same period a year ago. Construction continued to lead the way for the builder, with 1.8 billion in operating profit from the unit.
The firm has 297.5 billion krona in backlog, up about 11% year over year. That equated with 21 months of construction work in the pipeline, which Danielsson called “unusually high.” That’s two months higher than what was on Skanska’s books in March.
“I would say it’s a good quality in the backlog. We have been successful in positioning ourself where the market is strong and good,” Danielsson said during Friday’s call. “And that goes for pretty much all the geographies.”
Skanska reports record $7B order intake for Q2
Without a healthy backlog of projects, contractors have nothing to build upon. For Stockholm-based Skanska, that pipeline has grown much more robust in the last three months.
For the second quarter, Skanska reported 68 billion Swedish krona ($7 billion) in order bookings, up 20% from the same period in 2025. That marked a record for order intake, CEO Anders Danielsson said during an earnings call Friday. Of that new work, 39.5 billion krona was in the U.S.
“This quarter was a very good one, but we always say you can’t build a trend on one quarter,” CFO and Executive Vice President Pontus Winqvist told Construction Dive after the firm’s earnings call. “Generally I would say it’s a good market out there.”
He added, “Of course, it could be a little bit lumpy between the different quarters.”
The same markets that bolstered the firm’s results previously remained strong for Skanska. Data centers — which Winqvist said make up about 10% of Skanska’s backlog — and civil infrastructure construction have kept the firm busy in the U.S.
Meanwhile, Winqvist said the contractor is largely not worried about headwinds such as rising material prices and growing data center pushback.
Skanska reported operating profit of 2.1 billion Swedish krona for the second quarter of 2026, a roughly 17% increase from the same period a year ago.Construction continued to lead the way for the builder, with 1.8 billion in operating profit from the unit.The firm has 297.5 billion krona in backlog, up about 11% year over year. That equated with 21 months of construction work in the pipeline, which Danielsson called “unusually high.” That’s two months higher than what was on Skanska’s books in March.
“I would say it’s a good quality in the backlog. We have been successful in positioning ourself where the market is strong and good,” Danielsson said during Friday’s call. “And that goes for pretty much all the geographies.”
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