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Last Updated:
11th February 2013
Skanska profits climb as orders rocket 23pc
Source:
Skanska UK saw profits and margins increase in 2012 as its order book rose almost 23 per cent, it announced today. Reporting results for the year to December 2012, it said revenue was 拢1.16bn, down 4.5 per cent on the 拢1.22bn last year. Operating profit rose 4.2 per cent to 拢42.1m from 拢40.4m, with operating margins up from 3.3 per cent to 3.6 per cent. Orders rose 23 per cent from 拢878m to 拢1.08bn, while the order backlog was down 5 per cent from 拢1.89bn to 拢1.8bn.
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