Skanska: Interim report, first quarter 2024
Highlights according to segment reporting
- Revenue amounted to
SEK 36.4 billion (34.9); adjusted for currency effects, revenue increased 5 percent. - Operating income amounted to
SEK 0.5 billion (0.4); adjusted for currency effects, operating income increased 32 percent. - Earnings per share amounted to
SEK 1.28 (1.04). - Operating cash flow from operations amounted to
SEK -4.9 billion (-2.3) for the period according to IFRS. - Adjusted interest-bearing net receivables(+)/net debt(-) totaled
SEK 4.6 billion (December 31, 2023 : 10.4). - Order bookings in Construction amounted to
SEK 46.9 billion (25.8). Adjusted for currency effects, order bookings quarter on quarter increased 83 percent. Rolling 12-month book-to-build ratio was 117 percent (99) with the order backlog reaching a historic high. - Operating income in Construction amounted to
SEK 0.7 billion (1.0), representing an operating margin of 1.8 percent (2.8). - Operating income in
Project Development amounted toSEK -0.1 billion (-0.5). - Return on capital employed in
Project Development was -3.1 percent (4.5). - Return on equity was 5.9 percent (13.0).
This report will also be presented at a press and audio conference at
The press conference will be webcast live at www.skanska.com/investors, where a recording of the conference will also be available later.
Participate in the audio conference, with the possibility to ask questions. Preferred connection (web link), for best audio quality, please join the call from your phone via the HD Audio web link here: HD Audio link. If you need to call in via telephone line please dial +46 (0) 8 5051 0031; +44 (0)207 107 06 13 or +1 (1) 631 570 56 13.
This and previous releases can also be found at www.group.skanska.com/investors.
This is information that
For further information, please contact:
Antonia Junelind, Senior Vice President, Investor Relations,
Karolina Cederhage, Senior Vice President, Communications,
This information was brought to you by Cision http://news.cision.com
https://news.cision.com/skanska/r/interim-report--first-quarter-2024,c3975305
The following files are available for download:
Skanska Q1 2024 ENG |
View original content:https://www.prnewswire.com/news-releases/skanska-interim-report-first-quarter-2024-302139270.html
SOURCE Skanska