![Page 1: Annual General Meeting - Skanska · Annual General Meeting Stockholm, April 6, 2016 April 6, 2016 Skanska Annual General Meeting 1. Johan Karlström President and CEO. ... Title Slide](https://reader030.vdocuments.us/reader030/viewer/2022013006/5ac112387f8b9a357e8c423f/html5/thumbnails/1.jpg)
Annual General MeetingStockholm, April 6, 2016
April 6, 2016 Skanska Annual General Meeting 1
![Page 2: Annual General Meeting - Skanska · Annual General Meeting Stockholm, April 6, 2016 April 6, 2016 Skanska Annual General Meeting 1. Johan Karlström President and CEO. ... Title Slide](https://reader030.vdocuments.us/reader030/viewer/2022013006/5ac112387f8b9a357e8c423f/html5/thumbnails/2.jpg)
Johan KarlströmPresident and CEO
April 6, 2016 Skanska Annual General Meeting 2
![Page 3: Annual General Meeting - Skanska · Annual General Meeting Stockholm, April 6, 2016 April 6, 2016 Skanska Annual General Meeting 1. Johan Karlström President and CEO. ... Title Slide](https://reader030.vdocuments.us/reader030/viewer/2022013006/5ac112387f8b9a357e8c423f/html5/thumbnails/3.jpg)
The Group – revenue and profit
SEK bn 2015 2014
Revenue 154.9 145.0
Profit for the year 4.9 4.1
April 6, 2016 Skanska Annual General Meeting 3
![Page 4: Annual General Meeting - Skanska · Annual General Meeting Stockholm, April 6, 2016 April 6, 2016 Skanska Annual General Meeting 1. Johan Karlström President and CEO. ... Title Slide](https://reader030.vdocuments.us/reader030/viewer/2022013006/5ac112387f8b9a357e8c423f/html5/thumbnails/4.jpg)
Financial targets 2011–2015Target
2015Outcome
The Group
Return on equity 18-20% 22.5%
Financial strength – net cash position1, SEK bn Positive 13.8
Construction
Average operating margin over a business cycle 3.5-4.0% 2.8%
Project development business streams
Return on capital employed 10-15% 14.9%
1 Excluding net pension liabilities and construction loans for cooperative housing associations
April 6, 2016 Skanska Annual General Meeting 4
![Page 5: Annual General Meeting - Skanska · Annual General Meeting Stockholm, April 6, 2016 April 6, 2016 Skanska Annual General Meeting 1. Johan Karlström President and CEO. ... Title Slide](https://reader030.vdocuments.us/reader030/viewer/2022013006/5ac112387f8b9a357e8c423f/html5/thumbnails/5.jpg)
2015 in briefConstructionIncreased revenue, decreased operating income and order bookings, increased cash flowResidential Development Improved result and return on capitalCommercial Property DevelopmentRecord in divestment gains, increased investments
Infrastructure DevelopmentIncreased underlying value of portfolio, continued enhanced position in the U.S.
April 6, 2016 Skanska Annual General Meeting 5
![Page 6: Annual General Meeting - Skanska · Annual General Meeting Stockholm, April 6, 2016 April 6, 2016 Skanska Annual General Meeting 1. Johan Karlström President and CEO. ... Title Slide](https://reader030.vdocuments.us/reader030/viewer/2022013006/5ac112387f8b9a357e8c423f/html5/thumbnails/6.jpg)
Summary
Construction margin 2.8% Return on capital employed 14.9% Return on equity 22.5%
April 6, 2016 Skanska Annual General Meeting 6
![Page 7: Annual General Meeting - Skanska · Annual General Meeting Stockholm, April 6, 2016 April 6, 2016 Skanska Annual General Meeting 1. Johan Karlström President and CEO. ... Title Slide](https://reader030.vdocuments.us/reader030/viewer/2022013006/5ac112387f8b9a357e8c423f/html5/thumbnails/7.jpg)
Net cashSEK M
0
2,000
4,000
6,000
8,000
10,000
12,000
14,000
16,000
2011 2012 2013 2014 2015
Net cash Investments in Project Development
April 6, 2016 Skanska Annual General Meeting 7
![Page 8: Annual General Meeting - Skanska · Annual General Meeting Stockholm, April 6, 2016 April 6, 2016 Skanska Annual General Meeting 1. Johan Karlström President and CEO. ... Title Slide](https://reader030.vdocuments.us/reader030/viewer/2022013006/5ac112387f8b9a357e8c423f/html5/thumbnails/8.jpg)
Proposed dividend
SEK/share 2015 2014
Dividend 7.50 6.75
April 6, 2016 Skanska Annual General Meeting 8
![Page 9: Annual General Meeting - Skanska · Annual General Meeting Stockholm, April 6, 2016 April 6, 2016 Skanska Annual General Meeting 1. Johan Karlström President and CEO. ... Title Slide](https://reader030.vdocuments.us/reader030/viewer/2022013006/5ac112387f8b9a357e8c423f/html5/thumbnails/9.jpg)
Dividend
0.00
2.00
4.00
6.00
8.00
10.00
12.00
14.00
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015
Ordinary dividend Extra dividend
.
SEK
April 6, 2016 Skanska Annual General Meeting 9
![Page 10: Annual General Meeting - Skanska · Annual General Meeting Stockholm, April 6, 2016 April 6, 2016 Skanska Annual General Meeting 1. Johan Karlström President and CEO. ... Title Slide](https://reader030.vdocuments.us/reader030/viewer/2022013006/5ac112387f8b9a357e8c423f/html5/thumbnails/10.jpg)
Development in Skanska’s home marketsYear-on-year change, real
-15%
-10%
-5%
0%
5%
10%
Constructioninvestments
GDP
2010 2011 2012 2013 2014
Forecast
2015 2016
April 6, 2016 Skanska Annual General Meeting 10
![Page 11: Annual General Meeting - Skanska · Annual General Meeting Stockholm, April 6, 2016 April 6, 2016 Skanska Annual General Meeting 1. Johan Karlström President and CEO. ... Title Slide](https://reader030.vdocuments.us/reader030/viewer/2022013006/5ac112387f8b9a357e8c423f/html5/thumbnails/11.jpg)
Oculus, World Trade Center, New York, U.S.
Construction
SEK bn 2015 2014
Revenue 140.6 128.7
Operating income 3.9 4.5
Operating margin, % 2.8 3.5
Free working capital -20.5 -18.1
April 6, 2016 Skanska Annual General Meeting 11
![Page 12: Annual General Meeting - Skanska · Annual General Meeting Stockholm, April 6, 2016 April 6, 2016 Skanska Annual General Meeting 1. Johan Karlström President and CEO. ... Title Slide](https://reader030.vdocuments.us/reader030/viewer/2022013006/5ac112387f8b9a357e8c423f/html5/thumbnails/12.jpg)
Interstate-4 Ultimate, Orlando, U.S.
Construction
SEK bn 2015 2014
Order bookings 122.1 146.9
Book-to-Build, % 87 114
Order backlog 158.2 170.5
April 6, 2016 Skanska Annual General Meeting 12
![Page 13: Annual General Meeting - Skanska · Annual General Meeting Stockholm, April 6, 2016 April 6, 2016 Skanska Annual General Meeting 1. Johan Karlström President and CEO. ... Title Slide](https://reader030.vdocuments.us/reader030/viewer/2022013006/5ac112387f8b9a357e8c423f/html5/thumbnails/13.jpg)
Construction
Increased negative working capital
Continued strong results and margins in Sweden, Finland ad Poland
Increased order bookings in UK, Sweden, Finland and Czech Republic
Construction operations in the U.S.
April 6, 2016 Skanska Annual General Meeting 13
![Page 14: Annual General Meeting - Skanska · Annual General Meeting Stockholm, April 6, 2016 April 6, 2016 Skanska Annual General Meeting 1. Johan Karlström President and CEO. ... Title Slide](https://reader030.vdocuments.us/reader030/viewer/2022013006/5ac112387f8b9a357e8c423f/html5/thumbnails/14.jpg)
European Spallation Source, ESSLund, Sweden
Contract value: SEK 2 bn
Completion: 2020
One Skanska partnershipUK 25%Sweden75%
Photo: Ulrika Hammarlund/ESS
April 6, 2016 Skanska Annual General Meeting 14
![Page 15: Annual General Meeting - Skanska · Annual General Meeting Stockholm, April 6, 2016 April 6, 2016 Skanska Annual General Meeting 1. Johan Karlström President and CEO. ... Title Slide](https://reader030.vdocuments.us/reader030/viewer/2022013006/5ac112387f8b9a357e8c423f/html5/thumbnails/15.jpg)
SlussenStockholm, Sweden
Contract value:SEK 2.4 bn
Five contracts in total
Completion: 2021–2022
April 6, 2016 Skanska Annual General Meeting 15
![Page 16: Annual General Meeting - Skanska · Annual General Meeting Stockholm, April 6, 2016 April 6, 2016 Skanska Annual General Meeting 1. Johan Karlström President and CEO. ... Title Slide](https://reader030.vdocuments.us/reader030/viewer/2022013006/5ac112387f8b9a357e8c423f/html5/thumbnails/16.jpg)
Ascend Amphitheater andWest Riverfront ParkNashville, U.S.
Contract value: USD 40 MCompletion: 2015LEED Gold certified
April 6, 2016 Skanska Annual General Meeting 16
![Page 17: Annual General Meeting - Skanska · Annual General Meeting Stockholm, April 6, 2016 April 6, 2016 Skanska Annual General Meeting 1. Johan Karlström President and CEO. ... Title Slide](https://reader030.vdocuments.us/reader030/viewer/2022013006/5ac112387f8b9a357e8c423f/html5/thumbnails/17.jpg)
Nordic countries
Other European countries
North America
Česká Lípa,Northern Bohemia, Czech Republic
ConstructionMarket outlook 2016
April 6, 2016 Skanska Annual General Meeting 17
![Page 18: Annual General Meeting - Skanska · Annual General Meeting Stockholm, April 6, 2016 April 6, 2016 Skanska Annual General Meeting 1. Johan Karlström President and CEO. ... Title Slide](https://reader030.vdocuments.us/reader030/viewer/2022013006/5ac112387f8b9a357e8c423f/html5/thumbnails/18.jpg)
Solallén, Växsjö, Sweden
Residential DevelopmentTargets 2016
10%operating margin
10%return on capital employed
Targets
April 6, 2016 Skanska Annual General Meeting 18
![Page 19: Annual General Meeting - Skanska · Annual General Meeting Stockholm, April 6, 2016 April 6, 2016 Skanska Annual General Meeting 1. Johan Karlström President and CEO. ... Title Slide](https://reader030.vdocuments.us/reader030/viewer/2022013006/5ac112387f8b9a357e8c423f/html5/thumbnails/19.jpg)
BoKlok Solhöjden, Huddinge, Sweden
Residential Development
SEK bn 2015 2014
Revenue 12.3 9.6
Operating income 1.2 0.7
Operating margin, % 9.5 7.1Return on capital employed, % 14.4 7.1
April 6, 2016 Skanska Annual General Meeting 19
![Page 20: Annual General Meeting - Skanska · Annual General Meeting Stockholm, April 6, 2016 April 6, 2016 Skanska Annual General Meeting 1. Johan Karlström President and CEO. ... Title Slide](https://reader030.vdocuments.us/reader030/viewer/2022013006/5ac112387f8b9a357e8c423f/html5/thumbnails/20.jpg)
Kilåsen, Lysaker, Oslo, Norway
Residential Development2015 summary
Market Result
Sweden + +
Norway + +
Finland - +
Central Europe + +
April 6, 2016 Skanska Annual General Meeting 20
![Page 21: Annual General Meeting - Skanska · Annual General Meeting Stockholm, April 6, 2016 April 6, 2016 Skanska Annual General Meeting 1. Johan Karlström President and CEO. ... Title Slide](https://reader030.vdocuments.us/reader030/viewer/2022013006/5ac112387f8b9a357e8c423f/html5/thumbnails/21.jpg)
BoKlok RaketenKiruna, Sweden Number of
Apartments: 34Townhouses: 16
Completion: 2015
1,000 BoKlok homessold 2015
7,000 BoKlok homes sold since the beginning in 1996
April 6, 2016 Skanska Annual General Meeting 21
![Page 22: Annual General Meeting - Skanska · Annual General Meeting Stockholm, April 6, 2016 April 6, 2016 Skanska Annual General Meeting 1. Johan Karlström President and CEO. ... Title Slide](https://reader030.vdocuments.us/reader030/viewer/2022013006/5ac112387f8b9a357e8c423f/html5/thumbnails/22.jpg)
KvibergGothenburg, Sweden
Number ofapartments: 612
Completion: 2015–2020
April 6, 2016 Skanska Annual General Meeting 22
![Page 23: Annual General Meeting - Skanska · Annual General Meeting Stockholm, April 6, 2016 April 6, 2016 Skanska Annual General Meeting 1. Johan Karlström President and CEO. ... Title Slide](https://reader030.vdocuments.us/reader030/viewer/2022013006/5ac112387f8b9a357e8c423f/html5/thumbnails/23.jpg)
Nordic countries
Central Europe
Sopranen Malmö Live, Sweden
Residential DevelopmentMarket outlook 2016
April 6, 2016 Skanska Annual General Meeting 23
![Page 24: Annual General Meeting - Skanska · Annual General Meeting Stockholm, April 6, 2016 April 6, 2016 Skanska Annual General Meeting 1. Johan Karlström President and CEO. ... Title Slide](https://reader030.vdocuments.us/reader030/viewer/2022013006/5ac112387f8b9a357e8c423f/html5/thumbnails/24.jpg)
Green Court, Bucharest, Romania
Commercial Property DevelopmentSEK bn 2015 2014
Revenue 9.0 10.2
Operating income 1.9 1.7of which gain on sale 2.6 2.0
Return on capital employed1), % 15.6 11.4
1) Adjusted
April 6, 2016 Skanska Annual General Meeting 24
![Page 25: Annual General Meeting - Skanska · Annual General Meeting Stockholm, April 6, 2016 April 6, 2016 Skanska Annual General Meeting 1. Johan Karlström President and CEO. ... Title Slide](https://reader030.vdocuments.us/reader030/viewer/2022013006/5ac112387f8b9a357e8c423f/html5/thumbnails/25.jpg)
2112 Pennsylvania Avenue, Washington D.C., U.S.
Commercial Property DevelopmentSEK bn 2015 2014
Investments 8.8 6.9Ongoing projectsNumber of projects 44 43Total investment 18.8 15.1
New leases, sq m (000) 375 287Estimated surplus value 6.1 4.9
April 6, 2016 Skanska Annual General Meeting 25
![Page 26: Annual General Meeting - Skanska · Annual General Meeting Stockholm, April 6, 2016 April 6, 2016 Skanska Annual General Meeting 1. Johan Karlström President and CEO. ... Title Slide](https://reader030.vdocuments.us/reader030/viewer/2022013006/5ac112387f8b9a357e8c423f/html5/thumbnails/26.jpg)
Corso CourtPrague, Czech Republic
Total area: 24,000 sq m
Completion/sold: 2015
LEED Platinum
April 6, 2016 Skanska Annual General Meeting 26
![Page 27: Annual General Meeting - Skanska · Annual General Meeting Stockholm, April 6, 2016 April 6, 2016 Skanska Annual General Meeting 1. Johan Karlström President and CEO. ... Title Slide](https://reader030.vdocuments.us/reader030/viewer/2022013006/5ac112387f8b9a357e8c423f/html5/thumbnails/27.jpg)
400 FairviewSeattle, U.S.
Total area: 45,000 sq m
Completion: 2015
90% sold 2015 for USD 235 M
LEED Platinum
April 6, 2016 Skanska Annual General Meeting 27
![Page 28: Annual General Meeting - Skanska · Annual General Meeting Stockholm, April 6, 2016 April 6, 2016 Skanska Annual General Meeting 1. Johan Karlström President and CEO. ... Title Slide](https://reader030.vdocuments.us/reader030/viewer/2022013006/5ac112387f8b9a357e8c423f/html5/thumbnails/28.jpg)
101 SeaportBoston, U.S.
Total area: 48,000 sq m
Completion: 2015
LEED Platinum
April 6, 2016 Skanska Annual General Meeting 28
![Page 29: Annual General Meeting - Skanska · Annual General Meeting Stockholm, April 6, 2016 April 6, 2016 Skanska Annual General Meeting 1. Johan Karlström President and CEO. ... Title Slide](https://reader030.vdocuments.us/reader030/viewer/2022013006/5ac112387f8b9a357e8c423f/html5/thumbnails/29.jpg)
Commercial Property Development
Nordics40%
Central Europe24%
U.S.36%
Capital employed– distribution by market1
1 As of Dec 31, 2015
WrocławWarsaw
Oslo
Malmö
Helsinki
Bucharest
Stockholm
Copenhagen
Prague
Poznań
KrakówKatowice
Gothenburg
BudapestOstrava
Łodz
BostonWashington D.C.
Seattle
Houston Gdańsk
April 6, 2016 Skanska Annual General Meeting 29
![Page 30: Annual General Meeting - Skanska · Annual General Meeting Stockholm, April 6, 2016 April 6, 2016 Skanska Annual General Meeting 1. Johan Karlström President and CEO. ... Title Slide](https://reader030.vdocuments.us/reader030/viewer/2022013006/5ac112387f8b9a357e8c423f/html5/thumbnails/30.jpg)
Studio, Malmö, Sweden
Commercial Property Development Market outlook 2016
Nordic countries
Other European countries
USA
April 6, 2016 Skanska Annual General Meeting 30
![Page 31: Annual General Meeting - Skanska · Annual General Meeting Stockholm, April 6, 2016 April 6, 2016 Skanska Annual General Meeting 1. Johan Karlström President and CEO. ... Title Slide](https://reader030.vdocuments.us/reader030/viewer/2022013006/5ac112387f8b9a357e8c423f/html5/thumbnails/31.jpg)
Elizabeth River Tunnels, Virginia, U.S.
Infrastructure Development
SEK M 2015 2014
Operating income 863 463of which gain on sale 420 127
April 6, 2016 Skanska Annual General Meeting 31
![Page 32: Annual General Meeting - Skanska · Annual General Meeting Stockholm, April 6, 2016 April 6, 2016 Skanska Annual General Meeting 1. Johan Karlström President and CEO. ... Title Slide](https://reader030.vdocuments.us/reader030/viewer/2022013006/5ac112387f8b9a357e8c423f/html5/thumbnails/32.jpg)
New Papworth Hospital, Cambridge, UK
Infrastructure Development
Projects in the portfolio 11of which completed 7ongoing 4
Investment, SEK bn 3.3of which invested 1.7
April 6, 2016 Skanska Annual General Meeting 32
![Page 33: Annual General Meeting - Skanska · Annual General Meeting Stockholm, April 6, 2016 April 6, 2016 Skanska Annual General Meeting 1. Johan Karlström President and CEO. ... Title Slide](https://reader030.vdocuments.us/reader030/viewer/2022013006/5ac112387f8b9a357e8c423f/html5/thumbnails/33.jpg)
New Karolinska Solna,Stockholm, Sweden
Infrastructure Development
SEK bn 2015 2014Portfolio,net present value 4.8 5.3Unrealized development gain (estimated) 1.7 2.1
April 6, 2016 Skanska Annual General Meeting 33
![Page 34: Annual General Meeting - Skanska · Annual General Meeting Stockholm, April 6, 2016 April 6, 2016 Skanska Annual General Meeting 1. Johan Karlström President and CEO. ... Title Slide](https://reader030.vdocuments.us/reader030/viewer/2022013006/5ac112387f8b9a357e8c423f/html5/thumbnails/34.jpg)
Interstate-4 Ultimate Orlando, U.S.
Contract value: ca SEK 7 bn
Investment: ca SEK 0,6 bn
Completion: 2021
April 6, 2016 Skanska Annual General Meeting 34
![Page 35: Annual General Meeting - Skanska · Annual General Meeting Stockholm, April 6, 2016 April 6, 2016 Skanska Annual General Meeting 1. Johan Karlström President and CEO. ... Title Slide](https://reader030.vdocuments.us/reader030/viewer/2022013006/5ac112387f8b9a357e8c423f/html5/thumbnails/35.jpg)
St Bartholomew's Hospital and Royal London HospitalLondon, UK
Skanska’s 38-percent interest sold for SEK 1 billion
April 6, 2016 Skanska Annual General Meeting 35
![Page 36: Annual General Meeting - Skanska · Annual General Meeting Stockholm, April 6, 2016 April 6, 2016 Skanska Annual General Meeting 1. Johan Karlström President and CEO. ... Title Slide](https://reader030.vdocuments.us/reader030/viewer/2022013006/5ac112387f8b9a357e8c423f/html5/thumbnails/36.jpg)
Nya Karolinska SolnaStockholm, Sweden
The new university hospital will open its doors to the first patients at the end of 2016
April 6, 2016 Skanska Annual General Meeting 36
![Page 37: Annual General Meeting - Skanska · Annual General Meeting Stockholm, April 6, 2016 April 6, 2016 Skanska Annual General Meeting 1. Johan Karlström President and CEO. ... Title Slide](https://reader030.vdocuments.us/reader030/viewer/2022013006/5ac112387f8b9a357e8c423f/html5/thumbnails/37.jpg)
Bristol Schools, UK
Infrastructure DevelopmentMarket outlook 2015
North America
Europe
April 6, 2016 Skanska Annual General Meeting 37
![Page 38: Annual General Meeting - Skanska · Annual General Meeting Stockholm, April 6, 2016 April 6, 2016 Skanska Annual General Meeting 1. Johan Karlström President and CEO. ... Title Slide](https://reader030.vdocuments.us/reader030/viewer/2022013006/5ac112387f8b9a357e8c423f/html5/thumbnails/38.jpg)
Skanska Latin America
All engineering and construction operations ended in 2015
Operations and maintenance activities divested in the first quarter 2016
April 6, 2016 Skanska Annual General Meeting 38
![Page 39: Annual General Meeting - Skanska · Annual General Meeting Stockholm, April 6, 2016 April 6, 2016 Skanska Annual General Meeting 1. Johan Karlström President and CEO. ... Title Slide](https://reader030.vdocuments.us/reader030/viewer/2022013006/5ac112387f8b9a357e8c423f/html5/thumbnails/39.jpg)
Business Plan 2016–2020Profit with Purpose
We build for a better society
April 6, 2016 Skanska Annual General Meeting 39
![Page 40: Annual General Meeting - Skanska · Annual General Meeting Stockholm, April 6, 2016 April 6, 2016 Skanska Annual General Meeting 1. Johan Karlström President and CEO. ... Title Slide](https://reader030.vdocuments.us/reader030/viewer/2022013006/5ac112387f8b9a357e8c423f/html5/thumbnails/40.jpg)
Financial targets 2016–2020
Group Construction Project development operations
Return on equity
≥ 18%
Operating margin
≥ 3.5%
Return on capitalemployed1
≥ 10%Net operating financialassets/liabilities can be negative if opportunities arise 1 Overall for Project Development
April 6, 2016 Skanska Annual General Meeting 40
![Page 41: Annual General Meeting - Skanska · Annual General Meeting Stockholm, April 6, 2016 April 6, 2016 Skanska Annual General Meeting 1. Johan Karlström President and CEO. ... Title Slide](https://reader030.vdocuments.us/reader030/viewer/2022013006/5ac112387f8b9a357e8c423f/html5/thumbnails/41.jpg)
Key strategic actions 2016–2020
ConstructionControlled growth
Residential DevelopmentStable
Commercial Property DevelopmentExpansion
Infrastructure DevelopmentGrow in selected home markets
April 6, 2016 Skanska Annual General Meeting 41
![Page 42: Annual General Meeting - Skanska · Annual General Meeting Stockholm, April 6, 2016 April 6, 2016 Skanska Annual General Meeting 1. Johan Karlström President and CEO. ... Title Slide](https://reader030.vdocuments.us/reader030/viewer/2022013006/5ac112387f8b9a357e8c423f/html5/thumbnails/42.jpg)
Skanska’s business model
Dividend
Operating margin Return on capital employed
Return on equity
Construction Project development
Investmentopportunities
Internal contracts
Revenue fromexternal customers
Free working capital
April 6, 2016 Skanska Annual General Meeting 42
![Page 43: Annual General Meeting - Skanska · Annual General Meeting Stockholm, April 6, 2016 April 6, 2016 Skanska Annual General Meeting 1. Johan Karlström President and CEO. ... Title Slide](https://reader030.vdocuments.us/reader030/viewer/2022013006/5ac112387f8b9a357e8c423f/html5/thumbnails/43.jpg)
Balanced value creation
2010 2020
Construction Project Development
April 6, 2016 Skanska Annual General Meeting 43
![Page 44: Annual General Meeting - Skanska · Annual General Meeting Stockholm, April 6, 2016 April 6, 2016 Skanska Annual General Meeting 1. Johan Karlström President and CEO. ... Title Slide](https://reader030.vdocuments.us/reader030/viewer/2022013006/5ac112387f8b9a357e8c423f/html5/thumbnails/44.jpg)
CCI – Corporate Community InvestmentWe build for a better society
April 6, 2016 Skanska Annual General Meeting 44
![Page 45: Annual General Meeting - Skanska · Annual General Meeting Stockholm, April 6, 2016 April 6, 2016 Skanska Annual General Meeting 1. Johan Karlström President and CEO. ... Title Slide](https://reader030.vdocuments.us/reader030/viewer/2022013006/5ac112387f8b9a357e8c423f/html5/thumbnails/45.jpg)
April 6, 2016 Skanska Annual General Meeting 45
![Page 46: Annual General Meeting - Skanska · Annual General Meeting Stockholm, April 6, 2016 April 6, 2016 Skanska Annual General Meeting 1. Johan Karlström President and CEO. ... Title Slide](https://reader030.vdocuments.us/reader030/viewer/2022013006/5ac112387f8b9a357e8c423f/html5/thumbnails/46.jpg)
Work environment
Continued focus on a safe working environment
Equip mobile work platforms with extra protection in cooperation with leading international manufacturers
April 6, 2016 Skanska Annual General Meeting 46
![Page 47: Annual General Meeting - Skanska · Annual General Meeting Stockholm, April 6, 2016 April 6, 2016 Skanska Annual General Meeting 1. Johan Karlström President and CEO. ... Title Slide](https://reader030.vdocuments.us/reader030/viewer/2022013006/5ac112387f8b9a357e8c423f/html5/thumbnails/47.jpg)
Risk management
− Skanska’s operations = projects
− Several thousand ongoing projects in different countries
− Risks in each individual project
− Risk management is of central importance
April 6, 2016 Skanska Annual General Meeting 47
![Page 48: Annual General Meeting - Skanska · Annual General Meeting Stockholm, April 6, 2016 April 6, 2016 Skanska Annual General Meeting 1. Johan Karlström President and CEO. ... Title Slide](https://reader030.vdocuments.us/reader030/viewer/2022013006/5ac112387f8b9a357e8c423f/html5/thumbnails/48.jpg)
The employees’ demonstrate our values in practice
April 6, 2016 Skanska Annual General Meeting 48
![Page 49: Annual General Meeting - Skanska · Annual General Meeting Stockholm, April 6, 2016 April 6, 2016 Skanska Annual General Meeting 1. Johan Karlström President and CEO. ... Title Slide](https://reader030.vdocuments.us/reader030/viewer/2022013006/5ac112387f8b9a357e8c423f/html5/thumbnails/49.jpg)
Outlook 2016
Solid financial position
Positive market outlook
Strong order backlog
More Commercial and Infrastructure projects
April 6, 2016 Skanska Annual General Meeting 49