Year-end report, January-December 2013
Skanska year-end report, January-December 2013 (compared to January-December 2012)
Highlights
- Revenues increased by 3 percent; adjusted for currency effects, revenue increased by 7 percent and amounted to SEK 136.3 billion (131.9).
- Order bookings in Construction amounted to SEK 120.0 billion (120.1); adjusted for currency effects, order bookings increased by 3 percent.
- The order backlog amounted to SEK 139.6 billion (146.7); adjusted for currency effects, the order backlog decreased by 4 percent.
- Operating income increased by 12 percent and amounted to SEK 5.1 billion (4.6); adjusted for currency effects, operating income increased by 15 percent.
- The operating margin in Construction was 3.0 percent (2.8).
- Sales of commercial properties amounted to SEK 5.8 billion (6.3).
- Cash flow from operations amounted to SEK 5.0 billion (–2.0).
- Investments in development operations totaled SEK –11.5 billion (–14.6).
- Total net investments amounted to SEK 3.3 billion (–3.8).
- Operating net financial assets totaled SEK 6.8 billion (4.6), an increase of SEK 5.6 billion in Q4.
- Earnings per share (EPS) increased by 5 percent to SEK 8.43 (8.00).
- The Board of Directors proposes a dividend of SEK 6.25 (6.00) per share.
This report will also be presented via a telephone conference and webcast at 2:00 p.m. (14:00 CET) on February 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 8 505 564 74, +44 203 364 5374 or +1 855 753 2230.
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
Skanska AB may be required to disclose the information provided herein pursuant to the Securities Market Act.
Skanska is one of the world’s leading construction and project development companies, focused on selected home markets in the Nordic region, the rest of Europe and the U.S. Supported by global trends in urbanization, demography and energy, as well as a focus on green construction, ethics, working environment and health, Skanska offers competitive solutions in the most complex assignments. The business model generates value for Skanska’s shareholders through the collaboration of the Construction and Project Development business streams.