Profit falls at Skanska UK for second year running

By Jordan Marshall2018-07-11T06:00:00

Firm blames series of loss-making jobs for slump

Profit has fallen at Skanska’s UK arm for the second year running thanks to a series of loss-making jobs.

The firm, which is coming to the end of its contract to build the £500m Scalpel tower in the City of London, said pre-tax profit fell to £13.5m from £23.6m in the year to December 2017.

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