Three month report, January–March 2020
January-March 2020 compared to January-March 2019
Highlights according to segment reporting
• Revenue amounted to SEK 41.2 billion (35.1); adjusted for currency effects revenue increased 14 percent.
• Operating income amounted to SEK 2.9 billion (0.5).
• Earnings per share amounted to SEK 5.78 (0.87).
• Operating cash flow from operations amounted to SEK 1.6 billion (–1.3), according to IFRS.
• Adjusted interest-bearing net receivables (+)/net debt (–) totaled SEK 5.3 billion (December 31, 2019: 3.2), according to IFRS.
• Order bookings in Construction amounted to SEK 41.3 billion (27.3); adjusted for currency effects order bookings increased 48 percent. The order backlog amounted to SEK 199.0 billion (December 31, 2019: 185.4).
• Operating income in Construction amounted to SEK 0.6 billion (0.4).
• Operating income in Project Development amounted to SEK 2.5 billion (0.3).
• Return on capital employed in Project Development was 14.8 percent (9.7).
• Return on equity was 27.0 percent (13.4).
This report will also be presented via a telephone conference and a webcast at 10:00 a.m. (CET) on April 28, 2020. 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 8 566 426 51, or +44 333 300 0804, or +1 631 913 1422. PIN code 46870318#. This and previous releases can also be found at www.skanska.com/investors.