Year-end Report, January−December 2007 January−December 2007 compared to January−December 2006 - Revenue amounted to SEK 138.8 billion (125.6). In Construction, revenue rose by 14 percent adjusted for currency rate effects. - Operating income for the Group amounted to SEK 5,406 M (4,762). - Operating income in Construction rose by 33 percent and amounted to SEK 4,445 M (3,336). The operating margin increased to 3.4 (2.8) percent, thereby surpassing the 3.3 percent “Outperform” target. - During the year, commercial properties with a value of SEK 2,796 M (2,966) were divested, with capital gains amounting to SEK 1,080 M (1,300). - Income after financial items amounted to SEK 5,667 M (4,985). - Profit for the year totaled SEK 4,121 M (3,655) and earnings per share amounted to SEK 9.78 (8.68). - Order bookings rose by 9 percent and amounted to SEK 146.4 billion (134.1). Adjusted for currency rate effects, order bookings increased by 13 percent. - Order backlog totaled SEK 146.2 billion (135.1), equivalent to 14 (14) months of construction. - Operating cash flow before taxes, financing activities and dividends amounted to SEK 9,013 M (2,834). - The market appraisals made at year-end indicated accrued Group surplus values of SEK 1.9 billion in Commercial Development and SEK 6.5 billion in Infrastructure Development. The divestment of the project Ponte de Pedra, with a capital gain of approximately SEK 550 M, will be reported during 2008. - The Board of Directors proposes a regular dividend of SEK 5.25 (4.75) per share and an extra dividend of SEK 3.00 (3.50) per share for the 2007 financial year. This and previous releases can also be found at www.skanska.com 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 construction groups with expertise in construction, development of commercial and residential projects and public-private partnerships. The Group currently has 60,000 employees in selected home markets in Europe, in the US and Latin America. Headquartered in Stockholm, Sweden and listed on the Stockholm Stock Exchange, Skanska's sales in 2006 totaled SEK 126 billion.
Year-end Report, January−December 2007
| Source: Skanska AB