Search

Skanska plans to significantly increase investments in development businesses and margins in construction

10/4/2007 8:32 AM CET
Press release

Over the past three years Skanska’s businesses have focused on outperforming – in financial terms as well as in qualitative terms. The operating margin in Construction has increased from 1.4 percent in 2004 to 3.0 percent for the first half of 2007. At the same time earnings in Residential Development have increased by 60 percent, Commercial Development has continued to outperform and the value of the Infrastructure Development portfolio has substantially increased.