Skanska loses more money from European construction

By Will Ing2019-04-26T13:26:00

Business includes UK arm

Skanska has told investors its European construction business, which includes its UK arm, lost yet more money in the first three months of 2019.

Across the group, the Swedish developer and construction giant saw revenue dip 5% and profit drop 30% compared to the first quarter of last year – down to SEK 35bn (£2.9bn) and SEK 355m (£29m) respectively.

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