Key messages Capital Market Day 2019
Skanska has introduced a new target for financial strength, adjusted net debt. The new target replaces the previous target for financial strength, Net operating financial assets/liabilities. Starting 2019, adjusted net debt should not be below SEK -9 billion.
Skanska's current financial targets in summary:
• Return on capital employed in Project Development: ≥ 10%
• Operating margin in Construction: ≥ 3.5%
• Adjusted net debt: not below SEK -9 billion
• Return on equity: ≥ 18%
Based on the expected performance in the current order backlog Skanska will unlikely be able to reach the operating margin target in Construction for 2019 and 2020.