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Skanska: Interim report, first quarter 2024

STOCKHOLM, May 8, 2024 /PRNewswire/ --  Highlights according to segment reporting Revenue amounted to SEK 36.4 billion (34.9); adjusted for currency effects, revenue increased 5 percent. Operating income amounted to SEK 0.5 billion (0.4); adjusted for currency effects, operating income increased 32 percent. Earnings per share amounted to SEK 1.28 (1.04). Operating cash flow from operations amounted to SEK -4.9 billion (-2.3) for the period according to IFRS. Adjusted interest-bearing net receivables(+)/net debt(-) totaled SEK 4.6 billion (December 31, 2023: 10.4). Order bookings in Construction amounted to SEK 46.9 billion (25.8). Adjusted for currency effects, order bookings quarter on quarter increased 83 percent. Rolling 12-month book-to-build ratio was 117 percent (99) with the order backlog reaching a historic high. Operating income in Construction amounted to SEK 0.7 billion ...