Skanska

"We have been on a successful journey strengthening the profitability in our Construction stream. We now have a diversified and stable construction business with a strong and sustainable performance. As a Group, we are financially strong, which means that we own our own decisions when navigating cyclical property markets in Project Development. The build-up of our own portfolio in Investment Properties is developing very well", says Anders Danielsson.

Group financial targets reiterated:

• Construction stream, Operating margin: ≥3.5%
• Project Development streams, Return on capital employed: ≥10%
• Investment Properties, Return on capital employed: ≥6%
• Group, Return on equity: ≥18%
• Group, Adjusted net debt limit: SEK -10 bn
• Group, Pay-out ratio: 40-70%

The presentations will be held during the afternoon, starting at 1 pm GMT/2 pm CET. To join the Capital Markets Day virtually please click here. The recorded material will be shared afterwards.