The 2013 revenue was SEK136.3bn (£12.8bn) and the group’s order bookings were SEK120.0bn, which represented an increase of 3% once currency adjustments were taken into account.
But the order backlog fell to SEK139.6bn from SEK146.7 the previous year. Adjusted for currency effects, the order backlog decreased by 4%.
“Summing up 2013 it is clear that the improved performance at the group level, with higher revenues and operating income, is attributable to Skanska’s strong financial position, well diversified portfolio of businesses, and our people,” said president and CEO Johan Karlström.
Operating income increased by 12% to SEK5.1bn, representing an increase of 15% after currency effects.
The operating margin in construction was 3.0% (2.8). Karlström said that the construction business stream performed well in terms of both operating income and top line growth in Sweden and the US. "The Polish and UK operations had a solid performance," he said. Order bookings have developed particularly well in Sweden, Norway and Poland. In the US construction operations, the duration of the order backlog is very long."
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