From the president and CEO:
Veidekke achieved a good result in the fourth quarter of 2009. Construction operations maintained good margins in spite of reduced turnover, and orders-on-hand increased. In Property we saw housing sales pick up again in the quarter, and housing production start up again.
Report of the Board of Directors for the fourth quarter 2009:
| Key figures (MNOK) | Q4 2009 | Q4 2008 | 2009 | 2008 | 2007 |
| Operating revenues | 4 066.4 | 4 448.3 | 15 558.0 | 19 395.3 | 19 335.9 |
| Earnings before tax (EBT) | 211.6 | 252.0 | 523.1 | 815.6 | 1 181.0 |
| Earnings per share (NOK) * | 1.3 | 1.3 | 3.0 | 4.5 | 7.1 |
| Profit margin (%) | 5.2 | 5.7 | 3.4 | 4.2 | 6.1 |
| Net interest-bearing position | 101 | -260 | 101 | -260 | 192 |
| Backlog of orders, construction | 12 346 | 10 564 | 12 346 | 10 564 | 13 263 |
| * No dilution effect |
