Builder Skanska Q1 profit lags forecast

Author Logo | Wed, 08 May 2024 05:34:30 GMT

STOCKHOLM, May 8 (Reuters) – Swedish builder Skanska reported a smaller-than-expected rise in operating earnings for the first quarter on Wednesday as profits in its bread-and-butter construction business recorded a year-on-year fall.

(Reporting by Niklas Pollard, editing by Anna Ringstrom)

(c) Copyright Thomson Reuters 2024. Click For Restrictions – https://agency.reuters.com/en/copyright.html