STOCKHOLM, Sweden, July 28, 2005 (PRIMEZONE) -- Skanska:
-- Revenue amounted to SEK 56.4 billion (58.3). Adjusted for
discontinued operations, revenue rose by 3 percent. In
Construction, revenue rose by 2 percent adjusted for currency
rate effects.
-- Operating income rose to SEK 2,395 M (1,756) despite nonrecurring
expenses in Yeager Skanska amounting to SEK 360 M. The increase
is explained partly by higher gains from property divestments
than in the comparative period and by the capital gain of SEK
180 M from the divestment of Skanska Prefab Mark. Most units also
showed improved operating margins.
-- During the period, commercial properties with a value of SEK
3,128 M (2,082) were divested, with capital gains amounting to
SEK 1,226 M (702).
-- Income after financial items rose to SEK 2,468 M (1,680).
-- Profit for the period rose to SEK 1,826 M (1,141), which meant
that earnings per share for the period amounted to SEK 4.35 (2.71).
-- Order bookings declined by 16 percent, amounting to SEK 50.7
billion (60.2). Adjusted for currency rate effects, order bookings
fell by 15 percent.
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