Skanska six month report, January-June 2001

CONTINUED GOOD GROWTH IN ORDER BACKLOG
- Order bookings rose by 71 percent to SEK 93,565 M. Strong performance in Skanska’s main markets. For comparable units, order bookings rose 16 percent.
- Order backlog rose by 72 percent to SEK 191,490 M. American operations reported an order backlog exceeding SEK 100 billion.
- Net sales rose by 90 percent to SEK 79,383 M
- Operating income of the Group’s core business amounted to SEK 1,460 M (2,697). Restructuring expenses and loss provisions in projects of SEK 1,100 M adversely affected earnings. Skanska’s gain on sale of properties was SEK 347 M lower than during the same period last year.
- Income after financial items totaled SEK 1,076 M (5,509). During the same period of last year, the divestment of non-core shareholdings or businesses added SEK 2.7 billion to Skanska’s income.
- Operating income for the full year 2001 at about the same level as the figure for 2000. The previous estimate was that operating income in Skanska’s core business would be higher than the figure for 2000.