Six month report, January–June 2018
January-June 2018 compared to January-June 2017
Highlights according to segment reporting
• Revenue amounted to SEK 79.5 billion (79.1); adjusted for currency effects revenue increased 1 percent.
• Operating income decreased 41 percent to SEK 1.9 billion (3.3); no currency effects.
• Earnings per share decreased 47 percent to SEK 3.89 (7.35).
• Operating cash flow from operations amounted to SEK –0.3 billion (–0.3), according to IFRS.
• Operating net financial assets totaled SEK 6.5 billion (March 31, 2018: 9.3), according to IFRS.
• Order bookings in Construction decreased 15 percent to SEK 71.9 billion (84.5); no currency effects. The order backlog amounted to SEK 197.6 billion (March 31, 2018: 190.9).
• Operating income in Construction amounted to SEK 0.5 M (0.5).
• Operating income in Project Development (Residential, Commercial Property and Infrastructure) decreased 43 percent to SEK 1.9 billion (3.3); adjusted for currency effects operating income decreased 44 percent.
• Return on capital employed in Project Development was 14.3 percent (16.5).
• Net investments in Project Development amounted to SEK –0.5 billion (–0.2), according to IFRS.
This report will also be presented via a telephone conference and an audiocast at 10:00 a.m. (CET) on July 20, 2018. 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, +44 203 364 5374, or +1 855 753 2230. This and previous releases can also be found at www.skanska.com/investors.