Exceptional items take gloss off improved Skanska UK results

By Dave Rogers2021-07-13T09:51:00

Accounts show firm claimed £4m in furlough money last year

Exceptional items of more than £20m helped knock the edge of an improved performance at Skanska’s UK business last year with the firm seeing profit from its continuing business jump by more than one third.

Skanska did not spell out what the £21.7m in provisions was for but said without it it would have posted an underlying operating profit of £44.3m and operating margins of 3%.

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