Skanska: Interim report, third quarter 2024

STOCKHOLM, Nov. 6, 2024 /PRNewswire/ --

Highlights according to segment reporting

Revenue amounted to SEK 42.8 billion (40.3); adjusted for currency effects, revenue increased 9 percent.

Operating income amounted to SEK 1.3 billion (0.5); adjusted for currency effects, operating income increased 138 percent.

Earnings per share amounted to SEK 2.28 (1.41).

Operating cash flow from operations amounted to SEK 6.2 billion (0.3) for the period according to IFRS.

Adjusted interest-bearing net receivables(+)/net debt(-) totaled SEK 6.5 billion (Jun 30, 2024: 1.8).

Order bookings in Construction amounted to SEK 50.8 billion (32.7). Adjusted for currency effects, order bookings quarter over quarter increased 63 percent. Rolling 12-month book-to-build ratio was 124 percent (107).

Operating income in Construction amounted to SEK 1.5 billion (1.4), representing an operating margin of 3.6 percent (3.3).

Operating income ...