Skanska year-end report, January-December 2022

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STOCKHOLM, Feb. 3, 2023 /PRNewswire/ — 

Highlights according to segment reporting:

• Revenue for the quarter amounted to SEK 40.4 billion (44.4); adjusted for currency effects, revenue decreased 19 percent. For the full year, revenue amounted to SEK 161.6 billion (147.6); adjusted for currency effects, revenue was unchanged.
• Operating income amounted to SEK 3.5 billion (3.6); adjusted for currency effects, operating income decreased 8 percent. For the full year, operating income amounted to SEK 9.3 billion (9.8); adjusted for currency effects, operating income decreased 11 percent.
• Earnings per share amounted to SEK 7.28 (7.45) for the period, and SEK 18.62 (19.80) for the full year.
• The Board of Directors proposes a dividend of SEK 7.50 (7.00+3.00) per share.
• Operating cash flow from operations amounted to SEK -2.1 billion (2.5) for the period, and SEK -2.3 billion (4.2) for the full year, according to IFRS.
• Adjusted interest-bearing net receivables(+)/net debt(-) totaled SEK 12.1 billion (September 30, 2022: 14.1).
• Order bookings in Construction amounted to SEK 51.6 billion (42.3) for the period. For the full year, order bookings amounted to SEK 162.7 billion (153.6). Adjusted for currency effects, order bookings quarter over quarter increased 9 percent. Rolling 12-month book-to-build ratio was 104 percent (116).
• Operating income in Construction amounted to SEK 2.3 billion (1.6), representing an operating margin of 5.4 percent (4.2). For the full year, operating income amounted to SEK 5.8 billion (5.0), representing an operating margin of 3.7 percent (3.8).
• Operating income in Project Development amounted to SEK 1.3 billion
  (2.1) in the period, and SEK 3.9 billion (5.2) for the full year.
• Return on capital employed in Project Development was 8.1 percent (11.8).
• Return on equity was 15.8 percent (20.1).

This report will also be presented via a telephone conference and a audiocast at 10:00 CET on February 3, 2023. 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 (0)8 5051 00 31, or +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 Skanska AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the Senior Vice President Investor Relations set out below, at 07:30 CET on February 3, 2023.

For further information, please contact:

Magnus Persson, Executive Vice President and CFO, Skanska AB, tel +46 10 448 8900

Antonia Junelind, Senior Vice President, Investor Relations, Skanska AB, tel +46 10 448 6261

Karolina Cederhage, Senior Vice President, Communications, Skanska AB, tel +46 10 448 0880

Matti Kataja, Acting Head of Media Relations and Public Affairs, Skanska AB, tel +46 10 449 6798

 

The following files are available for download:

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SOURCE Skanska

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