Skanska AB (LTS:0HBT)
kr 253.1 -3.1 (-1.21%) Market Cap: 105.01 Bil Enterprise Value: 82.55 Bil PE Ratio: 18.30 PB Ratio: 1.80 GF Score: 75/100

Q1 2025 Skanska AB Earnings Call Transcript

May 7, 2025 / 08:00 AM GMT
Release Date Price: kr222 (-1.18%)

Key Points

Positve
  • Skanska AB (SKBSY) reported a solid increase in operating margin for the construction segment, rising to 2.8% from 1.8% the previous year.
  • The company achieved a record high order backlog, maintaining a book-to-build ratio of 115% on a rolling 12-month basis.
  • Skanska AB (SKBSY) successfully reduced carbon emissions by 62% compared to its base year 2015, demonstrating strong environmental commitment.
  • The investment properties segment showed stable profit and cash flow, with an operating income increase to 80 million SEK from 50 million SEK last year.
  • The company maintains a strong financial position with a net cash position of 11.6 billion SEK and an equity-to-asset ratio of 37.7%.
Negative
  • Residential development revenue decreased to 1.5 billion SEK due to fewer apartment sales, reflecting increased macroeconomic uncertainty.
  • No divestments occurred in the commercial property development segment during the quarter, impacting potential revenue generation.
  • The Nordic residential market remains weak, with decreased consumer confidence affecting sales and contract signings.
  • The US commercial property market is lagging in transactions, with investors hesitant due to economic uncertainties and interest rate concerns.
  • The company faces challenges with unsold completed homes in the Nordic region, particularly in Finland, impacting profitability.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

SKAb.ST - Skanska AB
Q1 2025 Skanska AB Earnings Call
May 07, 2025 / 08:00AM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Good morning and a warm welcome to the presentation of Scanska's first quarter report for 2025.

I'm Antonio Yellin. I'm the senior Vice President for investor relations here at Scanska, and with me on stage here today I have our President and CEO Anderston Nelson and our CFO Jonas Rickbari.

Shortly, they will take you through a presentation, walking through our first quarter performance, financial position, and the market outlook for the coming 12 months.

And after their initial presentation, we will move over to questions.

And if you are joining us online, then you can use the telephone conference number or the audio online call to join us here in the studio so that you can ask questions to us but more instructions
Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot