Property & Development Magazine Issue 427 | Page 50

Facilities Management: Skanska ANOTHER STRONG YEAR Skanska offer design, build and civil engineering with specialist operations including piling and ground engineering. nother strong year for Skanska was A said: “We are in a healthy and stable position. In a high- marked recently with an award win for its ly competitive marketplace we continue to deliver a health and care waste solution. The firm’s steady operating margin that is at the higher end for innovative waste management solution the construction sector at this time.” was named the best New Product or Service of the Skanska, established in 1887, has become one of Year at the 2015 British Institute of Facilities the world’s leading project development and con- Management awards. struction groups. In the UK, it is famous for building Rolled out to its NHS contracts in recent years, the iconic structures like 30 St Mary Axe (the Gherkin), solution was developed in response to increasing Heron Tower, Barts and The Royal London hospitals demand from the health sector for a managed clinical and the QEII Bridge. Just as important are its exten- and service. sive service-based contracts such as upgrading Combined with a behavioural change programme, sav- London’s gas infrastructure, a wealth of facilities ing the NHS over £1.5m over the last three and a half maintenance schemes, long-term street lighting years, it has also led to increased compliance with gov- projects, and landscaping for the London 2012 ernment waste standards and improved patient care. Olympic Park in Stratford. non-clinical waste management Katy Dowding, Skanska Managing Director said, The third quarter of 2015 saw a number of proj- “Winning this award is a fantastic achievement. It’s ect wins and extensions, including a £32m contract great to see our waste management service being with Gloucestershire County Council to upgrade recognised at this prestigious industry event. We look 55,000 streetlights across the county. The upgrade forward to continuing our work with Barts Health is expected to save £22m in energy costs over 12 NHS Trust in order to deliver further improvements years and cut carbon emissions by an estimated and savings.” The business was also shortlisted in the 7,000 tonnes each year. Impact on Sustainability category. Skanska’s development business continues to build The award comes as Skanska reported an operat- on its success. Following the sale of 66 Queen Square ing profit of £24.8m in the first nine months of 2015 in Bristol, contracts have been exchanged on a 0.75 with revenues of over £1bn and an order book fea- acre (4 hectare) site near to Temple Meads train sta- turing more than £1.2bn. This equates to an operat- tion. The scheme will be Skanska’s next office-led com- ing margin of 2.4%. mercial development in the city. Mike Putnam, Skanska UK’s President and CEO, 48 Several recently won major projects are currently