Skanska: Nine Month Report, JanuarySeptember 2009: Financial News

Skanska: Nine Month Report, JanuarySeptember 2009
Thursday November 5, 2:48 am ET

STOCKHOLM--(BUSINESS WIRE)--Regulatory News:

Skanska AB (STO:SKAB):

January−September 2009 compared to January−September 2008

Revenue amounted to SEK 102.2 (104.6) billion.
Operating income for the Group amounted to SEK 3,914 M (4,013).
Revenue in Construction decreased by 3 percent in Swedish kronor, and by 12 percent adjusted for currency rate effects.
Operating margin in Construction increased to 3.8 (2.8) percent.
Operating income in Construction increased by 33 percent and amounted to SEK 3,717 M (2,800).
During the report period, Skanska sold commercial properties worth SEK 2,148 M (2,604), with capital gains totaling SEK 694 M (972).
Income after financial items amounted to SEK 3,763 M (4,339).
Profit for the period totaled SEK 2,747 M (3,167) and earnings per share amounted to SEK 6.59 (7.53).
Operating cash flow before taxes, financing activities and dividends amounted to SEK 3,236 M (-1,283).
Order bookings decreased by 4 percent and amounted to SEK 94.6 (98.9) billion. Adjusted for currency rate effects, order bookings decreased by 11 percent.
Order backlog totaled SEK 131.8 (148.1) billion, equivalent to 12 (12) months of construction.

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 project development and construction groups with expertise in construction, development of commercial and residential projects and public-private partnerships. The Group currently has 55,000 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 2008 totaled SEK 144 billion.

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