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Six Month Report, January – June 2014

7/18/2014 7:30 AM CET
Press release Financial reports

Highlights:

- Order bookings in Construction amounted to SEK 70.4 billion (60.3); adjusted for currency effects, order bookings increased by 16 percent.

- The order backlog amounted to SEK 155.4 billion (Mar. 31, 2014: 145.7); adjusted for currency  effects, the orderbacklog increased by 4 percent.

- Operating income decreased by –22 percent and amounted to SEK 1.6 billion (2.0). This included writedowns and restructuring provisions in the Latin American operations of SEK 0.5 billion in the second quarter.

- Operating margin in Construction was 2.0 percent (2.7).

- Revenue decreased by —1 percent and amounted to SEK 62.4 billion (62.8). There were no net currency effects.

- Sales of commercial properties amounted to SEK 2.3 billion (1.9).

- Investments in development operations totaled SEK –6.4 billion (–5.2).

- Total net investments amounted to SEK 0.2 billion (1.1).

- Cash flow from operations amounted to SEK –2.8 billion (–0.9).

- Operating net financial assets totaled SEK 0.8 billion (Mar. 31, 2014: 3.3).

- Earnings per share (EPS) decreased by –22 percent to SEK 2.64 (3.40).

 

This report will also be presented via a telephone conference and audiocast at 10:00 a.m. (10:00 CET) on July 18. 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.

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