Three Month Report, January−March 2011 January−March 2011 compared to January−March 2010 - Revenue amounted to SEK 24.8 (25.8) billion. - Revenue in Construction decreased by 2 percent in Swedish kronor and increased by 5 percent adjusted for currency rate effects. - Operating income for the Group amounted to SEK 451 M (920). Currency rate effects reduced income by SEK 48 M. - Operating income in Construction totaled SEK 325 M (558). Operating margin amounted to 1.4 (2.4) percent. - Income after financial items amounted to SEK 451 M (936). - Profit for the period totaled SEK 335 M (674). - Earnings per share totaled SEK 0.81 (1.63) according to segment reporting and SEK 0.32 (1.52) according to IFRSs. - Operating cash flow before taxes, financial activities and dividends amounted to SEK -2,487 M (974). - Order bookings decreased by 16 percent and totaled SEK 21.6 (25.6) billion. Adjusted for currency rate effects, order bookings decreased by 9 percent. - Order backlog increased by 1 percent in Swedish kronor and by 10 percent in local currencies, totaling SEK 139.4 (137.7) billion. This was equivalent to 15 (13) months of construction. - The proceeds from the sale of the Autopista Central were received during April, and the Board of Directors has decided to carry out the previously announced extra dividend of SEK 6.25 per share. Record date for the extra dividend is May 12, 2011. For further information, please contact: Hans Biörck, Executive Vice President and CFO, Skanska AB, tel +45 10 448 8832 Peter Wallin, Executive Vice President and CFO, Skanska AB, tel +46 10 448 1120 Pontus Winqvist, Senior Vice President, Investor Relations, Skanska AB, tel +46 10 448 8851 Katarina Grönwall, Senior Vice President, Communications, Skanska AB, tel +46 10 448 8877 Edvard Lind, Group Press Officer, Skanska AB, tel +46 10 448 8808 This report will also be presented at a press and telephone conference at 2:00 p.m. (14:00) CET on May 5 at, Berns Salonger, Kammarsalen, Berzelii Park, Stockholm, Sweden. The press and telephone conference will be webcast live at www.skanska.com/investors (http://www.skanska.com/investors), where a video of the conference will be available later as well. To participate in the telephone conference, please dial +46 8 505 598 53, +44 203 043 2436, or +1 866 458 4087. This and previous releases can also be found at www.skanska.com/investors (http://www.skanska.com/investors). Skanska AB may be required to disclose the information provided herein pursuant to the Securities Market Act.
Three Month Report, January−March 2011
| Source: Skanska AB
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