Six Month Report, January

January-June 2015 compared to January-June 2014
Highlights

  · Revenue amounted to SEK 74.4 billion (62.4); adjusted for currency effects,
revenue increased by 6 percent.
  · Operating income amounted to SEK 2.5 billion (1.6); adjusted for currency
effects, operating income increased by 49 percent.
  · Earnings per share (EPS) increased by 60 percent to SEK 4.22 (2.64).
  · Order bookings in Construction amounted to SEK 58.3 billion (68.0); adjusted
for currency effects, order bookings decreased by 22 percent. Adjusting for the
large order cancellation during the second quarter, order bookings decreased by
14 percent in local currency.
  · The order backlog amounted to SEK 168.8 billion (Mar. 31, 2015: 181.2);
adjusted for currency effects, the order backlog decreased by 5 percent.
  · Operating income in Construction amounted to SEK 1,687 M (1,674); adjusted
for currency effects, operating income decreased by 9 percent.
  · Investments in development operations totaled SEK –7.4 billion (–6.4).
  · Cash flow from operations amounted to SEK –2.2 billion (–2.8).
  · Operating net financial assets totaled SEK 2.8 billion (0.8).

This report will also be presented via a telephone conference and audiocast at
10:00 a.m. (CET) on July 23. The telephone conference will be audiocasted 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
505 564 74, +44 2033 645 374, or +1 855 753 2230. This and previous releases can
also be found at www.skanska.com/investors.
For further information, please contact:

Peter Wallin, Executive Vice President and CFO, Skanska AB, tel +46 10 448 8900

Magnus Persson, Senior Vice President, Investor Relations, Skanska AB, tel +46
10 448 6429

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
Skanska AB may be required to disclose the information provided herein pursuant
to the Securities Market Act

About Skanska

Skanska is one of the world’s leading construction and project development
companies, focused on selected home markets in the Nordic region, the rest of
Europe and North America. Supported by global trends in urbanization, demography
and energy, as well as a focus on green construction, ethics, working
environment and health, Skanska offers competitive solutions in the most complex
assignments. The business model generates value for Skanska’s shareholders
through the collaboration of the Construction and Project Development business
streams.
Six Month Report, January–June 2015

Attachments
