Skanska: Interim report, third quarter 2024 [Yahoo! Finance]
SKANSKA AB S/ADR (SKBSY)
NASDAQ:AMEX Investor Relations:
group.skanska.com/investors
Company Research
Source: Yahoo! Finance
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 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 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 in Project Development amounted to SEK -0.3 billion (-0.8), including property asset impairment charges of SEK -0.3 billion Return on capital employed in Project Development was -0.4 percent (0.7), following weak property markets. Return on equity was 7.9 percent
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