Skanska

Major contractors sign up to year-long flexible-working trial

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Willmott Dixon, Bam, Skanska and Bam Nuttall have signed up to an onsite flexible-working scheme with Build UK and Timewise. The four contractors are the first to trial flexible-working consultant Timewise’s Construction Pioneers programme, which will focus on onsite jobs that typically have more rigid shift working. The trial, which…

Skanska Construction returns to profit

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Skanska Construction reported a £35m profit in 2018, bouncing back from a loss in 2017. New accounts for the business, which contributes around 97 per cent of the parent company Skanska UK's turnover, moved back into the black in the year ending 31 December 2018 after suffering a £4.1m pre-tax…

Skanska’s Ikea offsite-homes development agreed with council

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BoKlok, the Skanska and Ikea offsite housing joint venture, has announced a plan for 200 homes in Bristol. The firm, whose entry into the UK market was revealed by Construction News in February, has agreed the development with Bristol City Council. If planning permission is granted for the development (pictured),…

Green report: Construction must slash embodied carbon

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Construction can still achieve net zero carbon emissions by 2050 but the industry needs to take into account carbon emissions at every stage of the construction process, a report has said. The manufacturing, transportation, construction and demolition of buildings and infrastructure contributes 11 per cent to global carbon emissions, according to…

Crossrail boss complains about subcontractor delivery

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Crossrail is still struggling with productivity problems because tier two and three contractors are failing to deliver, according to chief executive Mark Wild. Board papers reveal Mr Wild told a Transport for London meeting in June that “with no commercial lever” over contractors below the tier one level, Crossrail was…

Crossrail board ‘expects’ further Costain/Skanska JV leadership change

Crossrail's 'culture of over-optimism led to ignored warnings'

Crossrail's board has said further change in the leadership of the Costain/Skanska joint venture working on Bond Street station is "necessary and expected". Minutes taken from the June meeting of the rail project's board show its leaders were presented with proposals for an "holisitic plan" for a step-change in performance at…

HS2: Euston ‘sugar cube’ substation approved

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HS2 has received planning permission for its London Underground vent shaft and substation at Euston. Camden Council approved the ‘sugar cube’ build at a planning meeting on Thursday night. Designed by architects Weston Williamson + Partners, with William Matthews Associates, the four-storey cube will contain a substation and electrical equipment…

Skanska takes Cementation off the market

Skanska UK to sell Cementation piling business

Cementation Skanska is no longer for sale, its parent company has revealed. Skanska UK has ended its attempts to offload the ground engineering specialist after it failed to find a buyer willing to meet its price. Chief executive Gregor Craig said: “We have been clear that we would only sell…

Skanska downgrades UK civils market outlook

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Skanska has downgraded its outlook for the UK civils market over the next 12 months, with Brexit blamed for the slowdown. The gloomier forecast for the country was revealed in a half-year trading update released by the Swedish company yesterday. The outlook for its other construction work in the UK,…

Skanska triples margin as turnover nears £2bn

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Skanska UK tripled its pre-tax margin to 2.3 per cent in 2018, as turnover increased to £1.94bn. Accounts for the year ending 31 December 2018 revealed the company made a pre-tax profit of £44.1m, up from £13.5m the previous year. The firm's results in 2017 were hit by a £33m…