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Six Month Report January-June 2016

7/22/2016 7:30 AM CET
Press release Financial reports

January-June 2016 compared to January-June 2015

Highlights

  • Revenue amounted to SEK 72.5 billion (74.4); adjusted for currency effects, revenue was unchanged.
  • Operating income amounted to SEK 3.6 billion (2.5); adjusted for currency effects, operating income increased by 46 percent.
  • Earnings per share increased by 63 percent to SEK 6.89 (4.22).
  • Operating cash flow from operations amounted to SEK –1.9 billion (–2.2).
  • Operating net financial assets totaled SEK 9.4 billion (Mar. 31, 2016: 10.3).
  • Order bookings in Construction amounted to SEK 84.2 billion (58.3); adjusted for currency effects, order bookings increased by 47 percent. The order backlog amounted to SEK 177.9 billion (Mar. 31, 2016: 154.6).
  • Operating income in Construction amounted to SEK 1.3 billion (1.7), corresponding to an operating margin of 2.1 percent (2.5); adjusted for currency effects, operating income decreased by 19 percent.
  • Operating income in Project Development amounted to SEK 2.7 billion (1.5); adjusted for currency effects, operating income increased by 81 percent.
  • Return on capital employed in Project Development was 15.9 percent (15.3).
  • Net divestments in Project Development amounted to SEK 1.4 billion (0.9).

This report will also be presented via a telephone conference and audiocast at 10:00 a.m. (CET) on July 22. The telephone conference will be audiocasted live at www.skanska.com/investors, where a recording of the conference will also be available later. To participate in the telephone conference, please dial +46 8 505 564 74, +44 2033 645 374, or +1 855 753 2230. This and previous releases can also be found at www.skanska.com/investors.

Contact: André Löfgren, Senior Vice President (SVP
Telephone 0104481363