Skanska AB released H1 2013 results

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).

Download

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 »

EDITOR'S PICK:

EuropaWire PR Editors

Recent Posts

Lenzing Group Launches Young Scientist Award for Innovation in Fiber and Textile Industry

(IN BRIEF) The Lenzing Group announces the Lenzing Young Scientist Award at the Dornbirn Global…

15 hours ago

Josée Ouellet Named Grand Ambassador of Université de Sherbrooke by Alstom

(IN BRIEF) Josée Ouellet, Vice President of Services for Alstom in North America, has been…

16 hours ago