Skanska UK construction profit surges to £55m

Skanska’s UK construction business continues to deliver strong profit growth last year despite challenging market conditions.
The firm saw pre-tax profit surge nearly 60% to £55m in the year to December 2022, not including a one-off gain of £29m the year before from the sale of its infrastructure services business.
Revenue was also up a quarter to £1.4bn as the firm benefitted from HS2 throughput and secured new contracts.Big wins included a £235m deal for offices a