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

Mike Putnam

Mike Putnam

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

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

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

鈥淲e are well on track to achieve our financial targets for the year.鈥