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Nine Month Report, January–September 2013

11/7/2013 8:00 AM CET
Press release Financial reports

January-September 2013 compared to January-September 2012

Highlights

- Revenues increased by 4 percent; adjusted for currency effects, revenue increased by 7 percent and amounted to SEK 97.5 billion (93.9).

- Order bookings in Construction operations amounted to SEK 90.8 billion (88.1); adjusted for currency effects, order bookings increased by 6 percent.

- The order backlog amounted to SEK 144.9 billion (148.7); adjusted for currency effects, the order backlog decreased by 1 percent.

- Operating income amounted to SEK 3.5 billion (2.9). The increase was primarily attributable to improved profitability in the Residential Development operations.

- The operating margin in Construction was 2.8 (2.9) percent.

- Sales of commercial properties amounted to SEK 3.6 billion (3.2).

- Cash flow from operations amounted to SEK -0.6 billion (-4.9).

- Investments in development operations totaled SEK -8.0 billion (-10.0).

- Total net investments amounted to SEK 2.2 billion (-2.8).

- Operating net financial assets totaled SEK 1.2 billion, unchanged compared to the second quarter 2013.

 

This report will also be presented via a telephone conference and webcast at 2:00 p.m. (14:00 CET) on November 7. 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 8 506 307 79, +44 1452 555 131, or +1 866 682 8490. This and previous releases can also be found at www.skanska.com/investors.

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