Skanska nine month report January to September, 2002
Improved earnings and increased cash flow
# During the first nine months of 2002, the operating income of the Skanska Group rose to SEK 1,926 M (685) and the operating margin amounted to 1.8 (0.6) percent. During the July to September period, operating income rose to SEK 876 M (–763) and the operating margin amounted to 2.5 (neg) percent.
# During the nine month report period, income after financial items rose to SEK 1,062 M (–132) for the Group. This included SEK 45 M (1,414) in capital gains on the sale of properties. During the third quarter, income after financial items climbed to SEK 670 M (–1,208). This included SEK 1 M (92) in capital gains on sale of properties.
# Operating income in U.S. operations climbed 34 percent during the third quarter. Meanwhile operating income improved in the Scandinavian and European market areas.