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Three month report, January–March 2020

4/28/2020 7:30 AM CET
Press release Financial reports

January-March 2020 compared to January-March 2019

Highlights according to segment reporting

• Revenue amounted to SEK 41.2 billion (35.1); adjusted for currency effects revenue increased 14 percent.

• Operating income amounted to SEK 2.9 billion (0.5).

• Earnings per share amounted to SEK 5.78 (0.87).

• Operating cash flow from operations amounted to SEK 1.6 billion (–1.3), according to IFRS.

• Adjusted interest-bearing net receivables (+)/net debt (–) totaled SEK 5.3 billion (December 31, 2019: 3.2), according to IFRS.

• Order bookings in Construction amounted to SEK 41.3 billion (27.3); adjusted for currency effects order bookings increased 48 percent. The order backlog amounted to SEK 199.0 billion (December 31, 2019: 185.4).

• Operating income in Construction amounted to SEK 0.6 billion (0.4).

• Operating income in Project Development amounted to SEK 2.5 billion (0.3).

• Return on capital employed in Project Development was 14.8 percent (9.7).

• Return on equity was 27.0 percent (13.4).

This report will also be presented via a telephone conference and a webcast at 10:00 a.m. (CET) on April 28, 2020. The telephone 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 8 566 426 51, or +44 333 300 0804, or +1 631 913 1422. PIN code 46870318#. This and previous releases can also be found at www.skanska.com/investors.

Contact: Magnus Persson, Executive Vice President, CFO
Telephone 0104486429

Contact: André Löfgren, Senior Vice President Investor Relations
Telephone 0104481363

Contact: Karolina Cederhage, Senior Vice President Communications
Telephone 0104480880