Year-end report, January-December 2012


Skanska year-end report, January-December 2012 (compared with January-December 2011)

Highlights:

- Construction revenues rose 8 percent and amounted to SEK 124.5 billion (115.0). 

- Order bookings amounted to SEK 120.1 billion (123.6) and the order backlog to SEK 146.7 billion (155.7). 

- Operating income amounted to SEK 4.6 billion (4.6, excluding the sale of the Autopista Central). 

- The operating margin in Construction was 2.8 percent (3.0). 

- Operating cash flow amounted to SEK –0.7 billion (–1.0, excluding the sale of the Autopista Central). In the fourth quarter, operating cash flow amounted to SEK 3.1 billion (2.7). 

- Investments in development operations increased by 20 percent to SEK –14.6 billion (–12.2). 

- Total net investments amounted to SEK –3.8 billion (–5.7, excluding the sale of the Autopista Central). 

- Operating net financial assets amounted to SEK 4.6 billion (9.5). 

- The Board of Directors proposes a dividend of SEK 6.00 (6.00) per share.

For further information, please contact: 

Peter Wallin, Executive Vice President and CFO, Skanska AB, tel +46 10 448 8900 

Pontus Winqvist, Senior Vice President, Investor Relations, Skanska AB, tel +46 10 448 8851 

Katarina Grönwall, Senior Vice President, Communications, Skanska AB, tel + 46 10 448 8877 

Edvard Lind, Group Press Officer, Skanska AB, tel +46 10 448 8808

This report will also be presented at a telephone conference and webbcast at 2:00 p.m. (14:00 CET) on February 7. The telephone conference will be audiocasted live at www.skanska.com/investors, where a recording of the conference will be available later as well. To participate in the telephone conference, please dial +46 8 506 307 79, +44 1452 555 131, or +1 866 682 8490. This and previous releases can also be found at www.skanska.com/investors.

Skanska AB may be required to disclose the information provided herein pursuant to the Securities Market Act.

About Us

Today, Skanska is one of the world’s leading project development and construction groups with expertise in construction, development of commercial and residential premises, and public-private partnership projects. Based on its global green experience, Skanska aims to be the client’s first choice for green solutions. The group currently has 57,000 employees in selected home markets in Europe, the US and Latin America. Skanska's sales in 2013 totalled SEK 136 billion.

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