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Skanska reports results during the first five months

Swedish engineering and construction giant Skanska said order bookings in its main construction operations amounted to SEK 48.8 billion (54.6), during the first five months, down 11 percent compared with the corresponding period in the preceding year. In local currencies, the decline was 19 percent.

The order backlog at May 31, 2009 was SEK 139.6 billion (141.9). In local currencies, the order backlog declined 12 percent compared with May 31, 2008.

Revenues in the Construction operations amounted preliminarily to SEK 52.8 billion (52.9) in the first five months. In local currencies, the decline was 12 percent.

Residential sales in the Nordic region during the first five months amounted to 829 residential units sold (827).

Revenues from Residential Development activities amounted preliminarily to SEK 2.2 billion (3.3).

Property sales within Commercial Development amounted preliminarily to SEK 1.3 billion (1.1), of which SEK 0.7 billion pertains to sales carried out in 2008 or earlier and reported as the projects progress, based on percentage of completion method.



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