Skanska's Nine-Month report January-September 2000

11/2/2000 10:20 AM CET
Press release Financial reports

Sharp growth in sales and earnings:
- Order bookings rose by 33 percent
- Order backlog totaled SEK 133,770 M (82,421)
- Net sales rose by 24 percent
- Operating income of the Group’s core business totaled SEK 3,492 M (1,605), an increase of 118 percent - Operating income totaled SEK 4,907 M (5,611)
- Income after financial items totaled SEK 6,449 M (5,622)
- Net profit per share rose by 28 percent to SEK 48.00 on a twelve month rolling basis
Claes Björk, President and CEO of Skanska, commented on the Nine Month Report: “We are pursuing our strategy: We have strengthened our market position in new and existing geographic markets and have thereby also been able to grow in new market segments with higher growth and profitability. This report shows strong growth, even disregarding the effect that acquired businesses contribute. This is a result of the Group’s collective competence."

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