Skanska has performed well during the review period, underscoring its ability to lead and innovate despite challenging market conditions. The Nordic housing market faced a slowdown this year due to rising interest rates and economic uncertainty, but Skanska’s resilient approach and strategic focus on sustainability helped it rise above these obstacles.
In 2023, Nordic homebuyers were cautious, with many delaying purchases due to higher borrowing costs and inflation, resulting in a significant drop in sales volumes across the region.
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