Skanska AB (OTCPK:SKBSY)
$ 21.15 -0.42 (-1.95%) Market Cap: 8.69 Bil Enterprise Value: 7.40 Bil PE Ratio: 19.78 PB Ratio: 1.52 GF Score: 76/100

Q2 2020 Skanska AB Earnings Call Transcript

Jul 23, 2020 / 08:00AM GMT
Release Date Price: $22
Andre Lofgren;publ;SVP of IR
Skanska AB

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Hi, and good morning. This is Andre Lofgren, Head of IR speaking. And I would like to welcome you to the presentation of Skanska's 6-months report for 2020. The presentation will be held by our CEO, Anders Danielsson; and also our CFO, Magnus Persson. After the presentation, you will be able to ask questions. We will open up for a Q&A then. And with that, I hand it over to you, Anders.

Anders Danielsson;publ;President;CEO
Skanska AB

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Thank you, Andre. If we look at the first page here, you can see our new project, the large high-speed railway project in the U.K. that were booked in the second quarter. But we go to the second slide on just an overall on a 6-months report for 2020. We have underlying solid performance.

We had a very strong first quarter, and the second quarter was disrupted by the pandemic. We can see that the construction are resilient, but impacted. And the impact is mainly in Europe and in the U.S.

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