Q4 2019 Skanska AB Earnings Call Transcript

Feb 07, 2020 / 09:00AM GMT
Andréfgren - Skanska AB(publ)-SVP of IR

Welcome, everyone. It is 10:00 a.m. My name is André Löfgren, and I'm heading up Investor Relations at Skanska. And I would like to welcome you to the presentation of our full year report for 2019. The presentation will be held by our CEO, Anders Danielsson; and also our CFO, Magnus Persson. And after the presentation, you will all be able to ask questions, and that includes all the people on the web as well.

And with that, I hand it over to you, Anders.

Anders Danielsson - Skanska AB(publ)-President&CEO

Thank you, André. Good morning. Before I go into the highlights of this report, I wanted to look at this picture. It's Bank of America tower in Houston in Texas, a project that we have developed. We have constructed it. And in the fourth quarter, we divested the project. We divested 90% of the project actually, for an amount of SEK 3.5 billion. And this is the largest divestment ever in

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