Analyst estimates

Average EPS estimates after the Nine-Month-Report, published on November 3, 2011
Gain from Autopista Central (4.5 bn) excluded.
| SEK bn | Post 2011 - Q3 | Post 20110 - Q2 | D 2011E after Q3 report | D 2012E after Q3 report | D 2013E after Q3 report |
| 2011E | 2012E | 2013E | 2011E | 2012E | 2013E |
| Revenue |
|
|
|
|
|
|
|
|
|
| Average estimate |
119.4 |
122.1 |
126.3 |
119,4 |
123.7 |
128.3 |
0% |
-1% |
-2% |
| High |
121.1 |
124.7 |
132.2 |
122.4 |
128.5 |
134.7 |
-1% |
-3% |
-2% |
| Low |
117.0 |
118.5 |
117.7 |
117.4 |
118.7 |
121.4 |
0% |
0% |
-3% |
| # of analysts |
10 |
10 |
10 |
12 |
12 |
12 |
|
|
|
| Operating income (EBIT) |
|
|
|
|
|
|
|
|
|
| Average estimate |
4.9 |
4.6 |
4.9 |
4.4 |
4.9 |
5.3 |
10% |
-5% |
-7% |
| High |
5.1 |
5.1 |
5.5 |
4.9 |
5.5 |
6.0 |
4% |
-8% |
-8% |
| Low |
4.5 |
4.0 |
4.3 |
3.3 |
4.1 |
4.5 |
36% |
-2% |
-3% |
| # of analysts |
10 |
10 |
10 |
11 |
11 |
8 |
|
|
|
| EBIT Construction margin, % |
|
|
|
|
|
|
|
|
|
| Average estimate |
3.6 |
3.7 |
3.8 |
3.6 |
3.8 |
3.9 |
0.0 |
-0.1 |
-0.1 |
| High |
3.9 |
4.0 |
4.0 |
4.0 |
4.2 |
4.2 |
-0.1 |
-0.2 |
-0.2 |
| Low |
3.3 |
3.4 |
3.5 |
3.4 |
3.5 |
3.6 |
-0,1 |
-0,1 |
-0,1 |
| # of analysts |
9 |
9 |
9 |
11 |
11 |
8 |
|
|
|
| Income after financial items |
|
|
|
|
|
|
|
|
|
| Average estimate |
4.9 |
4.7 |
5.1 |
4.4 |
4.9 |
5.3 |
10% |
-5% |
-5% |
| High |
5.1 |
5.4 |
6.6 |
4.9 |
5.6 |
6.1 |
4% |
-4% |
9% |
| Low |
4.6 |
4.0 |
4.2 |
3.3 |
4.1 |
4.5 |
37% |
-3% |
-6% |
| # of analysts |
10 |
10 |
10 |
12 |
12 |
12 |
|
|
|
| Earnings per share (EPS), SEK |
|
|
|
|
|
|
|
|
|
| Average estimate |
9.26 |
8.37 |
9.01 |
8.20 |
8.62 |
9.29 |
13% |
-3% |
-3% |
| High |
9.69 |
10.24 |
12.46 |
9.25 |
9.65 |
10.39 |
5% |
6% |
20% |
| Low |
8.49 |
7,05 |
7.41 |
5.90 |
7.19 |
7.78 |
44% |
-2% |
-5% |
| # of analysts |
10 |
10 |
10 |
12 |
11 |
6 |
|
|
|
Source: SME Direkt (contributors ABG Sundal Collier, CA Cheuvreux, Carnegie, Danske Markets Equities, DnB NOR Markets, Handelsbaniken Capital Markets, Nordea Markets, Pareto Öhman, SEB Enskilda, Swedabank Markets)
Note 1: The figures above are based on Skanska segment reporting.
Note 2: Gain from Autopista Central (4.5 bn) excluded in Operating income; Income after financial items and EPS.