Three Month Report, January−March 2010

Three Month Report, January−March 2010

January−March 2010 compared to January−March 2009

New accounting principles, segment and IFRS reporting, see page 4

- Revenue amounted to SEK 25.8 (30.1) billion.
- Revenue in Construction decreased by 24 percent in Swedish kronor, and by 17
percent adjusted for currency rate effects. 
- Operating income for the Group amounted to SEK 920 M (526), an improvement of
75 percent.
- Operating income in Construction decreased by 23 percent and amounted to SEK
558 M (726). The operating margin was unchanged and amounted to 2.4 (2.4)
percent.
- Income after financial items amounted to SEK 936 M (449), an improvement of
108 percent.
- Profit for the period amounted to SEK 674 M (298).
- Earnings per share amounted to SEK 1.63 (0.71) according to segment reporting
and SEK 1.52 (0.85) according to IFRS.
- Operating cash flow before taxes, financing activities and dividends amounted
to SEK 974 M (-1,564). 
- Order bookings increased by 6 percent and amounted to SEK 25.6 (24.1) billion.
Adjusted for currency rate effects, order bookings increased by 15 percent. 
- Order backlog totaled SEK 137.7 (141.7) billion, equivalent to 13 (12) months
of construction. 

For further information, please contact:
Hans Biörck, Executive Vice President and CFO, Skanska AB, tel +46 10 448 88 32
Pontus Winqvist, Senior Vice President, Investor Relations, Skanska AB, tel +46
10 448 88 51
Karin Lepasoon, Executive Vice President, Communications, Skanska AB, tel +46 10
448 88 74
Peter Gimbe, Press Officer, Skanska AB, tel +46 10 448 88 38, cell phone +46 70
543 88 38

This and previous releases can also be found at www.skanska.com

Skanska AB may be required to disclose the information provided herein pursuant
to the Securities Markets Act.

Skanska is one of the world's leading project development and construction
groups with expertise in construction, development of commercial and residential
projects and public-private partnerships. Based on its global green experience,
Skanska aims to be the clients' first choice for green solutions. The Group
currently has 53,000 employees in selected home markets in Europe, in the US and
Latin America. Headquartered in Stockholm, Sweden and listed on the Stockholm
Stock Exchange, Skanska's sales in 2009 totaled SEK 137 billion.