|
contents | business | |||||||||
| Skanska Capital Market Day 2019 Skanska, a world leader in construction and project development on select markets in the Nordic region, Europe and USA, has introduced a new target for financial strength, adjusted net debt. The new target replaces the previous target for financial strength, Net operating financial assets/liabilities. Starting 2019, adjusted net debt should not be below SEK -9 billion. Skanska's current financial targets in summary: • Return on capital employed in Project Development: ≥ 10% • Operating margin in Construction: ≥ 3.5% • Adjusted net debt: not below SEK -9 billion • Return on equity: ≥ 18% Based on the expected performance in the current order backlog Skanska will unlikely be able to reach the operating margin target in Construction for 2019 and 2020. write your comments about the article :: © 2019 Construction News :: home page |