Three month report, January–March 2022

January-March 2022 compared to January-March 2021
 

Highlights according to segment reporting:

• Revenue amounted to SEK 37.8 billion (34.4); adjusted for currency effects revenue increased 3 percent.

• Operating income amounted to SEK 1.9 billion (2.3); adjusted for currency effects operating income decreased 23 percent.

• Earnings per share amounted to SEK 3.62 (4.59).

• Operating cash flow from operations amounted to SEK -2.8 billion (3.3), according to IFRS.

• Adjusted interest-bearing net receivables(+)/net debt(-) totaled SEK 15.4 billion (December 31, 2021: 17.7), according to IFRS.

• Order bookings in Construction amounted to SEK 30.0 billion (34.9); adjusted for currency effects order bookings decreased 20 percent. The order backlog amounted to SEK 207.6 billion (December 31, 2021: 207.0).

• Operating income in Construction amounted to SEK 0.8 billion (0.7), representing an operating margin of 2.3 percent (2.5).

• Operating income in Project Development amounted to SEK 1.3 billion (1.7).

• Return on capital employed in Project Development was 10.8 percent (10.5).

• Return on equity was 18.3 percent (23.9).

This report will also be presented via a telephone conference and a webcast at 10:00 CET on May 4, 2022.

The telephone conference will be webcasted 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 (0)8 5051 00 31, or +44 (0)207 107 06 13, or +1 (1) 631 570 56 13 .

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

This is information that Skanska AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation.

The information was submitted for publication, through the agency of the Senior Vice President Investor Relations set out below, at 07:30 CET on May 4, 2022.

For further information, please contact:

Magnus Persson, Executive Vice President and CFO, Skanska AB, tel +46 10 448 8900

Antonia Junelind, Senior Vice President, Investor Relations, Skanska AB, tel +46 10 448 6261

Karolina Cederhage, Senior Vice President, Communications, Skanska AB, tel +46 10 448 0880

Jacob Birkeland, Head of Media Relations and Public Affairs, Skanska AB, tel +46 10 449 1957

About Skanska

Skanska is one of the world’s leading construction project development and construction companies, focused on select home markets in the Nordics, Europe and USA. Supported by global trends in urbanization and demographics, and by being at the forefront in sustainability, Skanska offers competitive solutions for both simple and the most complex assignments, helping to build a sustainable future for customers and communities.