Skanska's profit up by 65% in H1 2019.

NORDIC BUSINESS REPORT-July 25, 2019-Skanska's profit up by 65% in H1 2019

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Skanska AB (STO: SKAB) on Wednesday reported profit of SEK2.63bn, or EPS of SEK6.41, for the first half of 2019, from January to June 2019.

This was a 65% increase over profit of SEK1.6bn, or EPS of SEK3.89, in H1 2018.

Total revenues for the half-year amounted to SEK80.9bn, up by 2% as compared with SEK79.5bn in H1 2018. Adjusted for currency effects, revenues decreased 3%.

Revenues according to IFRS for the half-year were SEK79.69bn, a 2% increase from SEK78.17bn a year earlier. EPS according to IFRS amounted to SEK6.09 for the half-year, up by 82% from EUR3.35 a year ago.

Order bookings in Construction for the half-year amounted to...

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