Skanska pulls plug on utilities work with group warning on wider UK civils market

Skanska’s UK head office

Operating profit was up 16% in six months to June

Skanska’s profit has jumped despite the covid-19 crisis.

Reporting its financials for the first six months of 2020, the Swedish contractor reported that its operating profit was up 16%, an increase to nearly SEK 3.75bn (£330m).

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