Six month report, January-June 2020

OSTERSUND, Sweden, July 23, 2020 /PRNewswire/ -- Highlights according to segment reporting

    --  Revenue decreased 5 percent and amounted to SEK 76.7 billion (80.9);
        adjusted for currency effects revenue decreased 6 percent.
    --  Operating income increased 16 percent and amounted to SEK 3.7 billion
        (3.2); no currency effects.
    --  Earnings per share increased 14 percent and amounted to SEK 7.29 (6.41).
    --  Operating cash flow from operations amounted to SEK 3.3 billion (-2.5),
        according to IFRS.
    --  Adjusted interest-bearing net receivables (+)/net debt (-) totaled SEK
        6.8 billion (March 31, 2020: 5.3), according to IFRS.
    --  Order bookings in Construction amounted to SEK 78.2 billion (61.9);
        adjusted for currency effects order bookings increased 25 percent. The
        order backlog amounted to SEK 189.0 billion (March 31, 2020: 199.0).
    --  Operating income in Construction amounted to SEK 1.4 billion (1.6).
    --  Operating income in Project Development amounted to SEK 2.7 billion
        (1.7).
    --  Return on capital employed in Project Development was 11.9 percent
        (10.9).
    --  Return on equity was 20.6 percent (17.4).

This report will also be presented via a telephone conference and a webcast at 10:00 a.m. (CET) on July 23, 2020. 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 8 566 426 51, or +44 333 300 0804, or +1 631 913 1422. PIN code 88257841#. This and previous releases can also be found at www.skanska.com/investors.

For further information, please contact:
Magnus Persson
Executive Vice President and CFO
Skanska AB
tel +46-10-448-8900

André Lofgren
Senior Vice President
Investor Relations
Skanska AB
tel +46-10-448-1363

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

Jacob Birkeland
Head of Media Relations
Skanska AB,
tel +46-10-449-1957

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/skanska/r/six-month-report--january-june-2020,c3158472

The following files are available for download:



     
     https://mb.cision.com/Main/95/3158472/1282643.pdf 20200723 Skanska Q2

View original content:http://www.prnewswire.com/news-releases/six-month-report-january-june-2020-301098538.html

SOURCE Skanska