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Last year in brief 2019

Skanska's last year in brief with key highlights from 2019.

Construction

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Before central and eliminations

  • Order bookings amounted to SEK 145.8 billion.

  • Order backlog amounted to SEK 185.4 billion, corresponding to 14 months of production.

  • Stronger focus on risk management, cost control and project execution, underlying profitability improved in Construction leading to a substantially improved operating margin reaching 2.4 percent for the year.

Residential Development

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Before central and eliminations.

  • Underlying operating margin for Residential Development remained at a solid 10 percent for 2019 as a result of strong execution and a well-diversified portfolio in various segments and geographies.
  • In 2019, 3,407 homes were started and 3,853 were sold.

Commercial Property Development

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Before central and eliminations.

  • A new all-time high in divestment gains of SEK 4.4 billion from divesting 17 projects.
  • The number of ongoing property projects was 42 at the end of the year, corresponding to an investment value upon completion of SEK 27.7 billion.
  • 15 projects started across all geographies: in the Nordics, Europe and USA.