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Skanska publishes six Month fincancial Report, January–June 2020 Featured

January-June 2020 compared to January-June 2019

Highlights according to segment reporting

  • Revenue decreased 5 percent and amounted to SEK 76.7 billion (80.9); adjusted for currency effects revenue decreased 6 percent.
  • Operating income increased 16 percent and amounted to SEK 3.7 billion (3.2); no currency effects.
  • Earnings per share increased 14 percent and amounted to SEK 7.29 (6.41).
  • Operating cash flow from operations amounted to SEK 3.3 billion (–2.5), according to IFRS.
  • Adjusted interest-bearing net receivables (+)/net debt (–) totaled SEK 6.8 billion (March 31, 2020: 5.3), according to IFRS.
  • Order bookings in Construction amounted to SEK 78.2 billion (61.9); adjusted for currency effects order bookings increased 25 percent. The order backlog amounted to SEK 189.0 billion (March 31, 2020: 199.0).
  • Operating income in Construction amounted to SEK 1.4 billion (1.6).
  • Operating income in Project Development amounted to SEK 2.7 billion (1.7).
  • Return on capital employed in Project Development was 11.9 percent (10.9).
  • Return on equity was 20.6 percent (17.4).

Source: Skanska

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