Year-end report, January – December 2015

Skanska year-end report, January-December 2015 (compared to January-December
2014)
Highlights

- Earnings per share increased by 20 percent to SEK 11.96 (9.98); adjusted for
currency effects EPS increased by 15 percent.

- The Board of Directors proposes a dividend of SEK 7.50 (6.75) per share.

- Revenue amounted to SEK 154.9 billion (145.0); adjusted for currency effects,
revenue decreased by 2 percent.

- Operating income amounted to SEK 6.5 billion (5.8); adjusted for currency
effects, operating income increased by 6 percent.

- Operating cash flow from operations amounted to SEK 7.7 billion (3.7).

- Operating net financial assets totaled SEK 13.8 billion (8.4).

- Order bookings in Construction amounted to SEK 122.1 billion (146.9); adjusted
for currency effects, order bookings decreased by 23 percent. The order backlog
amounted to SEK 158.2 billion (Sep. 30,2015: 167.5); adjusted for currency
effects, the order backlog decreased by 5 percent.

- Operating income in Construction amounted to SEK 3.9 billion (4.5),
corresponding to an operating margin of 2.8 percent (3.5); adjusted for currency
effects, operating income decreased by 19 percent.

- Operating income in Project Development amounted to SEK 4.0 billion (2.8);
adjusted for currency effects, the operating income increased by 31 percent,
return on capital employed was 14.9 percent (10.4).

This report will also be presented via a telephone conference and webcast at
10:00 a.m. (CET) on February 4. 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
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

André Löfgren, Vice President, Investor Relations, Skanska AB, tel +46 10 448
1363

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 Markets Act. Skanska is one of the world’s leading project
development and construction groups with expertise in construction, development
of commercial and residential premises, and public-private partnerships
projects. Based on its global green experience, Skanska aims to be the clients'
first choice for Green solutions. The Group currently has 43,100 employees in
selected home markets in Europe and North America. Skanska's sales in 2015
totaled SEK 155 billion.