Skanska AB released H1 2013 results

Posted on 29, July 2013 by | This entry was posted in Business, Construction, Financial, Investment, Management, Sweden and tagged , , , , , , , . Bookmark the permalink.

29-7-2013 — /EuropaWire/ — 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). 

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Contact information

Contact: Pontus Winqvist, Senior Vice President
Company: Skanska AB
Telephone: +46 10 448 88 51
E-mail: Pontus Winqvist »

Contact: Katarina Grönwall, Senior Vice President, Communications
Company: Skanska AB
Telephone: +46 10 448 88 77
E-mail: Katarina Grönwall »

Contact: Elin Otter, Head of Communications
Company: Skanska Infrastructure Development
Telephone: +46 10 448 88 61
E-mail: Elin Otter »

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