Nine Month Report, January–September 2013

Report this content

January-September 2013 compared to January-September 2012

Highlights

- Revenues increased by 4 percent; adjusted for currency effects, revenue increased by 7 percent and amounted to SEK 97.5 billion (93.9).

- Order bookings in Construction operations amounted to SEK 90.8 billion (88.1); adjusted for currency effects, order bookings increased by 6 percent.

- The order backlog amounted to SEK 144.9 billion (148.7); adjusted for currency effects, the order backlog decreased by 1 percent.

- Operating income amounted to SEK 3.5 billion (2.9). The increase was primarily attributable to improved profitability in the Residential Development operations.

- The operating margin in Construction was 2.8 (2.9) percent.

- Sales of commercial properties amounted to SEK 3.6 billion (3.2).

- Cash flow from operations amounted to SEK -0.6 billion (-4.9).

- Investments in development operations totaled SEK -8.0 billion (-10.0).

- Total net investments amounted to SEK 2.2 billion (-2.8).

- Operating net financial assets totaled SEK 1.2 billion, unchanged compared to the second quarter 2013.

This report will also be presented via a telephone conference and webcast at 2:00 p.m. (14:00 CET) on November 7. The telephone conference will be audiocasted live at www.skanska.com/investors, where a recording of the conference will also be available later. 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.

For further information, please contact:

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

Magnus Persson, Senior Vice President, Investor Relations, Skanska AB, tel +46 10 448 6429

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

Edvard Lind, Group Press Officer, Skanska AB, tel +46 10 488 8808

This and previous releases can also be found at www.skanska.com

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

Skanska is one of the world’s leading project development and construction groups with expertise in construction, development of commercial and residential projects and public-private partnerships. Based on its global green experience, Skanska aims to be the clients' first choice for Green solutions. The Group currently has 57,000 employees in selected home markets in Europe, in the US and Latin America. Headquartered in Stockholm, Sweden and listed on the Stockholm Stock Exchange, Skanska's sales in 2012 totaled SEK 132 billion.

Subscribe

Documents & Links