Sweden-based giant posts snapshot of UK half-year results
Skanska UK鈥檚 construction business has grown by a quarter, as the Sweden-based construction giant digests the implications of the UK鈥檚 vote for Brexit last month.
In a snapshot of its half-year results posted this morning, Skanska said its UK construction business hit 拢836m revenue over the first six months of this year, a 24% increase on the previous year.
Opering profit was 拢16.5m, equating to a 2% operating margin, the firm said.
Commenting on the EU referendum, Skanska chief executive Mike Putnam (pictured), said: 鈥淭he financial crisis and recession showed that Skanska has a well-honed capability to manage through external change.
鈥淲e will continue to take a measured and calm leadership approach to our business as the picture following Britain鈥檚 decision to leave the EU becomes clearer.
鈥淲hile the EU referendum result has created some uncertainty in our sector, we have seen little impact on our UK business to date. We have a wide portfolio of operations across public, regulated and private sectors that will provide diversity and resilience.
鈥淲e will continue to monitor the situation carefully and work very closely with all our customers, delivering against our commitments.鈥�
Over the period the firm was boosted by major wins including a 拢45m job to build Derwent London鈥檚 Copyright 黑洞社区 office scheme in the West End and a 拢74m Northern Hub deal with Network Rail in Manchester.
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