THREE MONTH REPORT, JANUARY-MARCH 2004

THREE MONTH REPORT, JANUARY-MARCH 2004 - Net sales decreased by 12 percent to SEK 26,033 M (29,553). Adjusted for currency rate effects, net sales fell by 5 percent. - Operating income amounted to SEK 456 M (720). - Gain on sale of properties in Commercial Project Development amounted to SEK 126 M (488). - Income after financial items amounted to SEK 418 M (540). - Net income amounted to SEK 268 M (363) and earnings per share in the fourth quarter totaled SEK 0.64 (0.87). - Order bookings declined by 4 percent to SEK 31.4 billion (32.6). Adjusted for currency rate effects however, order bookings rose by 3 percent. Order backlog amounted to SEK 126.7 billion (137.9), a decline of 8 percent. Adjusted for currency rate effects, order backlog only fell by 2 percent. For further information, please contact: Hans Biörck, Executive Vice President and CFO, Skanska AB, tel +46 8 753 88 00 Anders Lilja, Senior Vice President, Investor Relations, Skanska AB, tel +46 8 753 88 01 Peter Gimbe, Press Officer, Skanska AB, tel +46 8 753 88 38 ------------------------------------------------------------ This information was brought to you by Waymaker http://www.waymaker.net The following files are available for download: http://www.waymaker.net/bitonline/2004/04/30/20040430BIT20080/wkr0006.pdf PDF