Nine month report, January–September 2016

Highlights

• Revenue amounted to SEK 109.1 billion (111.7); adjusted for currency effects, revenue was unchanged.

• Operating income amounted to SEK 4.9 billion (3.4); adjusted for currency effects, operating income increased by 45 percent.

• Earnings per share increased by 60 percent to SEK 9.30 (5.81).

• Operating cash flow from operations amounted to SEK –2.5 billion (–1.8).

• Operating net financial assets totaled SEK 9.2 billion (Jun. 30, 2016: 9.4).

• Order bookings in Construction amounted to SEK 130.6 billion (92.2); adjusted for currency effects, order bookings increased by 45 percent. The order backlog amounted to SEK 191.6 billion (Jun. 30, 2016: 177.9).

• Operating income in Construction amounted to SEK 2.3 billion (2.5), corresponding to an operating margin of 2.3 percent (2.4); adjusted for currency effects, operating income decreased by 6 percent.

• Operating income in Project Development amounted to SEK 3.3 billion (1.9); adjusted for currency effects, operating income increased by 66 percent.

• Return on capital employed in Project Development was 15.8 percent (14.6).

• Net investments in Project Development amounted to SEK –0.3 billion (–0.5).

This report will also be presented via a telephone conference and webcast at 10:00 a.m. (CET) on October 28. 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 8 505 564 74, +44 2033 645 374, or +1 855 753 2230. This and previous releases can also be found at www.skanska.com/investors.