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Three month report, January-March 2017

5/5/2017 7:30 AM CET
Press release Financial reports

January-March 2017 compared to January-March 2016

Highlights

- Revenue amounted to SEK 34.2 billion (35.3); adjusted for currency effects, revenue decreased 5 percent.

- Operating income decreased by 6 percent and amounted to SEK 1,849 M (1,969); no currency effects.

- Earnings per share increased by 6 percent to SEK 3.90 (3.69).

- Operating cash flow from operations amounted to SEK 1.6 billion (–3.4).

- Operating net financial assets totaled SEK 12.6 billion (Dec. 31, 2016: 10.6).

- Order bookings in Construction amounted to SEK 38.2 billion (30.3); adjusted for currency effects, order bookings increased by 23 percent. The order backlog amounted to SEK 200.8 billion (Dec. 31, 2016: 196.3).

- Operating income in Construction amounted to SEK 392 M (442), corresponding to an operating margin of 1.2 percent (1.5); operating income decreased by 11 percent, no currency effects.

- Operating income in Project Development decreased by 5 percent and amounted to SEK 1,656 M (1,744); no currency effects.

- Return on capital employed in Project Development was 15.9 percent (15.8).

- Net divestments in Project Development amounted to SEK 0.7 billion (–1.6).

This report will also be presented via a press conference and webcast at 10.00 a.m. (CET) on May 5. The press conference will be webcasted 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 Investor Relations
Telephone +46 10 44 81 363

Contact: Edvard Lind, Head of Media Relations
Telephone +46 10 44 88 808