Skanska nine month report January - September 2003

Third quarter of 2003 compared to third quarter of 2002:# Net sales of the Skanska Group declined by 4 percent to SEK 34,125 (35,556). Adjusted for currency rate effects, net sales rose by 5 percent. # Operating income rose to SEK 887 M (876). # Income after financial items rose to SEK 745 M (670).# Net income amounted to SEK 519 M (324) and earnings per share in the third quarter amounted to SEK 1.24 (0.77).# Order bookings rose by 8 percent to SEK 36.4 billion. Adjusted for currency rate effects, order bookings increased by 19 percent. Order backlog amounted to SEK 134.3 billion, a decline of 3 percent compared to year-end 2002. Adjusted for currency rate effects, order backlog rose by 14 percent.