Entering text into the input field will update the search result below

Skanska ABB's (SKSBF) CEO Anders Danielsson on Q4 2018 Results - Earnings Call Transcript

Feb. 08, 2019 6:50 PM ETSkanska AB (publ) (SKSBF)
SA Transcripts profile picture
SA Transcripts

Skanska ABB (OTCPK:SKSBF) Q4 2018 Earnings Conference Call February 8, 2019 4:00 AM ET

Company Participants

André Löfgren – Investor Relations

Anders Danielsson – Chief Executive Officer

Magnus Persson – Chief Financial Officer

Conference Call Participants

Niclas Hoglund – Nordea

Tobias Kaj – ABG

Stefan Andersson – SEB

Frederick Cyon – Carnegie

Miguel Borrego – UBS Investment Bank

Albin Sandberg – Kepler Cheuvreux

Marcin Wojtal – Bank of America Merrill Lynch

André Löfgren

Ladies and gentlemen, it's 10 a.m. in Stockholm. It's time to begin. And what we're about to start is the presentation of Skanska's Year-End Report for 2018. My name is André Löfgren, and I'm heading up Investor Relations at Skanska. The presentation will be held by our CEO, Anders Danielsson; also our CFO, Magnus Persson. And you'll all be able to ask questions after the presentation. So it's kind of the same procedure as in every quarter. And we will start then with the questions from the audience and then we will hand over to all the participants on the webcast as well.

So with that, I hand over to you, Anders.

Anders Danielsson

Thank you, André. Good morning. Before we go into the figures, let's look at the picture behind me, it's 121 Seaport in Boston, one of the very successful project we have completed, and also divested in the fourth quarter. You can see an even better picture here on the slide.

Comment on the year-end report, we have earnings per share of SEK 9.55, lower than last year as you can see. We have an operating margin in construction 0.7%, way too low, unacceptable level. And we have a return on capital employed in project development on 13%. And that's a good level because we have a 10% target on that one. And we have a return on equity of 14.1%, lower than our

Recommended For You

To ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.
Is this happening to you frequently? Please report it on our feedback forum.
If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.