Contractor books £260m revenue and £7.5m operating profit

Mike Putnam

Mike Putnam

Skanska UK has reported first quarter results, with revenue at £260m and operating profit at £7.5m.

The performance equates to an operating margin of just below three per cent.

Mike Putnam, president and chief executive, said: “This is a very credible performance given the prolonged recession facing the construction industry.

“We are well on track to achieve our financial targets for the year.”

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