Skanska: Year-end report, January - December 2024

STOCKHOLM, Feb. 7, 2025 /PRNewswire/ -- 

Highlights according to segment reporting

• Revenue amounted to SEK 50.6 billion (41.9); adjusted for currency effects, revenue increased 20 percent. Full-year revenue amounted to SEK 177.2 billion (157.1); adjusted for currency effects, revenue increased by 13 percent.
• Operating income amounted to SEK 2.7 billion (1.0); adjusted for currency effects, operating income increased 189 percent. Full-year operating income amounted to SEK 7.1 billion (3.2); adjusted for currency effects, operating income for the full year increased by 121 percent.
• Earnings per share amounted to SEK 5.54 (2.48) for the period, and SEK 14.12 (7.89) for the full year.
• The Board of Directors proposes a dividend of SEK 8.00 (5.50) per share.
• Operating cash flow from operations amounted to SEK 5.1 billion (4.9) for the period and SEK 6.7 billion (1.1) for the full year, according to IFRS.
• Adjusted interest-bearing net receivables(+)/net debt(-) totaled SEK 12.0 billion (Sep 30, 2024: 6.5).
• Order bookings in Construction amounted to SEK 49.6 billion (44.1) for the period. Adjusted for currency effects, order bookings quarter over quarter increased 11 percent. For the full year, order bookings amounted to SEK 207.9 billion (165.8). Rolling 12-month book-to-build ratio was 123 percent (103).
• Operating income in Construction amounted to SEK 2.1 billion (1.8), representing an operating margin of 4.5 percent (4.4). For the full year, operating income amounted to SEK 5.9 billion (5.6), representing an operating margin of 3.5 percent (3.5).
• Operating income in Project Development amounted to SEK 0.5 billion (-1.4) for the period. For the full year, operating income was SEK 1.2 billion (-2.6).
• Return on capital employed in Project Development was 2.6 percent (-3.7).
• Return on equity was 10.0 percent (5.8).

This report will also be presented at a telephone conference at 10:00 CET on February 7, 2025. 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 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 7, 2025.

For further information, please contact:
Pontus Winqvist, acting CFO for the Year-end report 2024, 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
Jacob Birkeland, Head of Media Relations and Public Affairs, Skanska AB, tel +46 10 449 1957

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SOURCE Skanska