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SKA B Skanska AB News Story

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Brief: Skanska Q3 Operating Income SEK 1,400 Mln, Below IBES Estimate

Nov 6 (Reuters) - Skanska AB SKAb.ST:

Q3 OPERATING INCOME SEK 1,400 MILLION VERSUS. IBES ESTIMATE SEK 1,994 MILLION

Q3 REVENUE SEK 43,700 MILLION VERSUS. IBES ESTIMATE SEK 45,330 MILLION

Q3 ORDERS SEK 39,900 MILLION

Q3 ADJUSTED FREE CASH FLOW SEK 0

Q3 EPS SEK 3.07

CONSTRUCTION MARKET OUTLOOK REMAINS LARGELY UNCHANGED

FOR EUROPE AND NORDICS, CIVIL MARKETS ARE MORE ACTIVE THAN  BUILDING, WE ARE EXPECTING INVESTMENTS IN INFRASTRUCTURE, INDUSTRY AND  DEFENSE TO PROVIDE MARKET OPPORTUNITIES OVER TIME

ON COMMERCIAL PROPERTY: US MARKET IS LAGGING, WITH MUTED TRANSACTION MARKETS, BUT UNDERLYING BACK-TO-OFFICE TREND IS POSITIVE FOR TOP TIER PROPERTIES IN OUR  PORTFOLIO

Source text: ID:nWkr9k7dMc

Further company coverage: [SKAb.ST]

 (Gdansk Newsroom)

 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))

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