Skanska AB (publ) Earnings Calls
| Release date | May 07, 2026 |
| EPS estimate | - |
| EPS actual | $0.310 |
| Revenue estimate | 4.178B |
| Revenue actual | 4.306B |
| Revenue Surprise | 3.05% |
| Release date | Feb 06, 2026 |
| EPS estimate | $0.508 |
| EPS actual | $0.470 |
| EPS Surprise | -7.48% |
| Revenue estimate | 5.089B |
| Revenue actual | 4.81B |
| Revenue Surprise | -5.48% |
| Release date | Nov 06, 2025 |
| EPS estimate | - |
| EPS actual | $0.274 |
| Revenue estimate | - |
| Revenue actual | 4.51B |
| Release date | Jul 18, 2025 |
| EPS estimate | - |
| EPS actual | $0.421 |
| Revenue estimate | 4.541B |
| Revenue actual | 4.823B |
| Revenue Surprise | 6.21% |
Last 4 Quarters for Skanska AB (publ)
Below you can see how SKBSY performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
| Release date | Jul 18, 2025 |
| Price on release | $23.69 |
| EPS estimate | - |
| EPS actual | $0.421 |
| Date | Price |
|---|---|
| Jul 14, 2025 | $23.41 |
| Jul 15, 2025 | $23.19 |
| Jul 16, 2025 | $23.20 |
| Jul 17, 2025 | $23.39 |
| Jul 18, 2025 | $23.69 |
| Jul 21, 2025 | $23.55 |
| Jul 22, 2025 | $23.53 |
| Jul 23, 2025 | $24.36 |
| Jul 24, 2025 | $24.14 |
| 4 days before | 1.20% |
| 4 days after | 1.90% |
| On release day | -0.591% |
| Change in period | 3.12% |
| Release date | Nov 06, 2025 |
| Price on release | $26.06 |
| EPS estimate | - |
| EPS actual | $0.274 |
| Date | Price |
|---|---|
| Oct 31, 2025 | $27.50 |
| Nov 03, 2025 | $27.85 |
| Nov 04, 2025 | $27.66 |
| Nov 05, 2025 | $27.89 |
| Nov 06, 2025 | $26.06 |
| Nov 07, 2025 | $25.68 |
| Nov 10, 2025 | $26.19 |
| Nov 11, 2025 | $25.93 |
| Nov 12, 2025 | $25.98 |
| 4 days before | -5.25% |
| 4 days after | -0.307% |
| On release day | -1.44% |
| Change in period | -5.55% |
| Release date | Feb 06, 2026 |
| Price on release | $30.31 |
| EPS estimate | $0.508 |
| EPS actual | $0.470 |
| EPS surprise | -7.48% |
| Date | Price |
|---|---|
| Feb 02, 2026 | $30.91 |
| Feb 03, 2026 | $31.48 |
| Feb 04, 2026 | $31.50 |
| Feb 05, 2026 | $31.00 |
| Feb 06, 2026 | $30.31 |
| Feb 09, 2026 | $30.01 |
| Feb 10, 2026 | $29.66 |
| Feb 11, 2026 | $30.07 |
| Feb 12, 2026 | $29.66 |
| 4 days before | -1.94% |
| 4 days after | -2.14% |
| On release day | -0.99% |
| Change in period | -4.04% |
| Release date | May 07, 2026 |
| Price on release | $27.59 |
| EPS estimate | - |
| EPS actual | $0.310 |
| Date | Price |
|---|---|
| May 01, 2026 | $27.34 |
| May 04, 2026 | $26.68 |
| May 05, 2026 | $27.34 |
| May 06, 2026 | $28.61 |
| May 07, 2026 | $27.59 |
| May 08, 2026 | $27.40 |
| May 11, 2026 | $27.23 |
| May 12, 2026 | $26.80 |
| May 13, 2026 | $26.97 |
| 4 days before | 0.91% |
| 4 days after | -2.27% |
| On release day | -0.707% |
| Change in period | -1.37% |
Skanska AB (publ) Earnings Call Transcript Summary of Q1 2026
Key points for investors:
- Strong start to 2026: Skanska reports a solid Q1 with Construction delivering a healthy seasonal result (SEK 1.1bn operating income; 3.0% operating margin for the quarter) and a rolling 12-month Construction margin of 4.2%, above the company's recently increased target. Order backlog remains at a record high and the rolling 12-month book-to-build is 107%, indicating more orders won than work produced.
- US Construction momentum: The US civil/infrastructure market is described as very strong (including data centers and semiconductor facilities). Recent large contract wins (e.g., Vincent Thomas Bridge and a SEK 9.3bn bridge replacement in Boston) underline execution capacity and pipeline strength.
- Residential Development: A split picture — Central Europe showing very strong sales and high margins (Central Europe RD margin >20% in the quarter), while the Nordic residential market remains softer. Started and sold unit levels are broadly stable (rolling 12 months ~1,500 units started/sold; ~3,000 units in production).
- Commercial Property Development (CD) & Investment Properties (IP): CD recorded divestments and a gain on sale (SEK 174m) and has a pipeline of ongoing and completed projects with decent leasing rates; IP produced a stable result with economic occupancy ~84% and portfolio value ~SEK 8.3bn. No valuation adjustments in IP this quarter; yields around 4.7%.
- Financial position & liquidity: Strong balance sheet — available funds SEK 27.7bn and commitable credit ~SEK 20bn on short notice. Adjusted interest-bearing net receivable declined ~SEK 2bn in Q1 (impacted by investments in RD and increased restricted cash). Operating cashflow from businesses was negative (approx. -SEK 1.3bn) driven by working capital and RD investments. Note: a SEK 5.7bn shareholder distribution (dividend) will reduce cash in Q2.
- ESG note: Skanska has reduced carbon emissions by 66% versus the 2015 baseline.
- Risks & near-term outlook: Management flags market uncertainty (consumer confidence, macro growth) and geopolitical risks (Middle East) as items monitored. They emphasize looking at profitability on a rolling 12-month basis rather than single-quarter volatility. No forward quarter guidance was provided.
What to watch next:
- Conversion of the large order backlog into revenue in coming quarters (timing effects and project ramp-ups could cause quarter-to-quarter variability).
- Nordic residential sales momentum and margin recovery.
- Any material divestment activity in Commercial Development or Investment Properties that could materially change liquidity or reported earnings.
- Cash and working capital development after the SEK 5.7bn distribution and ongoing RD investments.
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