Six Month Report, January−June 2013

Highlights

- Revenue increased by 4 percent; adjusted for currency effects, revenue increased by 8 percent and amounted to SEK 62.7 billion (60.6).
- Order bookings in Construction operations amounted to SEK 60.3 billion (61.6); adjusted for currency effects, order bookings increased by 2 percent.
- The order backlog amounted to SEK 148.7 billion (161.1), adjusted for currency effects, order backlog decreased by 5 percent.
- Operating income amounted to SEK 2.0 billion (1.4). The increase was primarily due to higher profitability in the Construction and Residential Development operations despite a negative impact from currency effects that amounted to SEK 73 M.
- The operating margin in Construction was 2.7 percent (2.4).
- Divestments of commercial properties amounted to SEK 1.9 billion (3.2).
- Operating cash flow amounted to SEK –0.5 billion (–4.3).
- Investments in development operations totaled SEK –5.2 billion (–7.9).
- Total net investments amounted to SEK 1.1 billion (–2.8).
- Operating net financial assets totaled SEK 1.2 billion (2.3).

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 010–448 8877 

Elin Otter, Group Press Officer, Skanska AB, tel +46 10 448 8861 

This report will also be presented via a telephone conference and webcast at 2:00 p.m. (14:00 CET) on July 18. 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. 

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