Nine Month Report, January−September 2010

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January−September 2010 compared to January−September 2009

Accounting principles, segment and IFRS reporting, see page 4

-  Revenue amounted to SEK 89.0 (100.6) billion.
-  Revenue in Construction decreased by 17 percent in Swedish kronor, and by 13 percent adjusted for currency rate effects.
-  Operating income for the Group amounted to SEK 4,070 M (3,624), an improvement of 12 percent.
-  Operating income in Construction decreased by 16 percent and totaled SEK 3,100 M (3,678). Operating margin improved and amounted to 3.8 (3.7) percent.
-  Income after financial items amounted to SEK 4,054 M (3,443), an improvement of 18 percent.
-  Profit for the period totaled SEK 2,960 M (2,546).
-  Earnings per share totaled SEK 7.17 (6.10) according to segment reporting and SEK 6.69 (8.08) according to IFRSs.
-  Operating cash flow before taxes, financing activities and dividends amounted to SEK 1,703 M (4,733).
-  Order bookings increased by 7 percent and totaled SEK 101.3 (94.6) billion. Adjusted for currency rate effects, order bookings increased by 12 percent.
-  Order backlog totaled SEK 147.9 (131.8) billion, equivalent to 17 (12) months of construction.

For further information, please contact:

Hans Biörck, Executive Vice President and CFO, Skanska AB, tel +46 10 448 8832
Pontus Winqvist, Senior Vice President, Investor Relations, Skanska AB,
tel +46 10 448 8851
Karin Lepasoon, Executive Vice President, Communications & IR, Skanska AB,
tel +46 10 448 8874
Peter Gimbe, Press Officer, Skanska AB, tel +46 10 448 8838, cell phone +46 70 543 88 38

This report will also be presented at a press and telephone conference at 11:00 a.m. CET on November 4, at Spårvagnshallarna, Birger Jarlsgatan 57A, Stockholm, Sweden.

The press conference will be webcast live at www.skanska.com/investors, where a video of the conference will be available later as well. To participate in the telephone conference, please dial +46 8 505 598 53, +44 203 043 2436 or +1 866 458 4087.

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.

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