Six Month Report, January−June 2010
January−June 2010 compared to January−June 2009
Accounting principles, segment and IFRS reporting, see page 4
- Revenue amounted to SEK 56.3 (65.0) billion.
- Revenue in Construction decreased by 20 percent in Swedish kronor, and by 15 percent adjusted for currency rate effects.
- Operating income for the Group amounted to SEK 2,374 M (2,057), an improvement of 15 percent.
- Operating income in Construction decreased by 18 percent and totaled SEK 1,693 M (2,077). Operating margin improved and amounted to 3.3 (3.2) percent.
- Income after financial items amounted to SEK 2,398 M (1,958), an improvement of 22 percent.
- Profit for the period totaled SEK 1,727 M (1,421).
- Earnings per share totaled SEK 4.18 (3.40) according to segment reporting, and SEK 3.77 (4.87) according to IFRSs.
- Operating cash flow before taxes, financing activities and dividends amounted to SEK 1,419 M (939).
- Order bookings increased by 17 percent and totaled SEK 72.5 (61.7) billion. Adjusted for currency rate effects, order bookings increased by 23 percent.
- Order backlog totaled SEK 160.4 (144.0) billion, equivalent to 16 (13) 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 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 49,000 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 2009 totaled SEK 137 billion. |