Skanska back in black

Operating profit was £38.9m, which was an improvement on last year’s loss of £43m; this was largely caused by writedowns on two hospital jobs in the east Midlands. Mike Putnam, the recently installed chief executive of Skanska UK, said: “I’m very pleased with these results. They’re in line with our targets and evidence of the work we have undertaken to put our past behind us and get the business back on track.”