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Three-month report, January–March 2014

5/9/2014 7:30 AM CET
Press release Financial reports

January-March 2014 compared to January-March 2013

Highlights

- Order bookings in Construction amounted to SEK 32.5 billion (24.3); adjusted for currency effects, order bookings increased by 33 percent.

- The order backlog amounted to SEK 145.7 billion (Dec. 31, 2013: 139.6); adjusted for currency effects, the orderbacklog increased by 3 percent.

- Operating income increased by 26 percent and amounted to SEK 656 M (519); adjusted for currency effects, operating income increased by 23 percent.

- Operating margin in Construction was 2.0 percent (1.9).

- Revenue decreased by 1 percent; adjusted for currency effects, revenue was unchanged and amounted to SEK 27.9 billion (28.2).

- Sales of commercial properties amounted to SEK 929 M (157).

- Investments in development operations totaled SEK –3.1 billion (–2.5).

- Total net investments amounted to SEK –0.4 billion (1.7).

- Cash flow from operations amounted to SEK –3.3 billion (0.1).

- Operating net financial assets totaled SEK 3.3 billion (Dec. 31, 2013: 6.7).

- Earnings per share (EPS) increased by 32 percent to SEK 1.08 (0.82).

This report will also be presented via a telephone conference and webcast at 10:00 a.m. (10:00 CET) on May 9. 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. This and previous releases can also be found at www.skanska.com/investors.

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