Nine month report, January-September 2017

Highlights according to segment reporting

• Revenue amounted to SEK 117.2 billion (109.1); adjusted for currency effects, revenue increased 6 percent.

• Operating income amounted to SEK 4.8 billion (4.9); adjusted for currency effects operating income decreased 3 percent.

• Earnings per share increased by 14 percent to SEK 10.58 (9.30).

• Operating cash flow from operations amounted to SEK –1.2 billion (–2.5), according to IFRSs.

• Operating net financial assets totaled SEK 6.2 billion (June 30, 2017: 7.4), according to IFRSs.

• Order bookings in Construction amounted to SEK 118.6 billion (130.6); adjusted for currency effects, order bookings decreased by 10 percent. The order backlog amounted to SEK 194.7 billion (June 30, 2017: 202.2).

• Operating income in Construction amounted to SEK 1.4 billion (2.3), corresponding to an operating margin of 1.3 percent (2.3); adjusted for currency operating income decreased 38 percent.

• Operating income in Project Development (Residential, Commercial Property and Infrastructure Development) amounted to SEK 4.1 billion (3.3); adjusted for currency effects operating income increased by 23 percent.

• Return on capital employed in Project Development was 16.3 percent (15.8).

• Net investments in Project Development amounted to SEK –1.3 billion (–0.3), according to IFRSs.

This report will also be presented via a telephone conference and webcast at 10:00 a.m. (CET) on October 27. 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.