All q1 2024 Articles

UK project difficulties hit Skanska’s Q1 construction profit
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Skanska has blamed an SEK 370 million (US$34 million) charge arising from problems on a UK project for a 33% fall in operating profit in its construction business in Q1 2024
Better weather and higher levels of awarded projects drive Granite’s Q1 revenue up
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US-based Granite recorded a year-on-year increase in revenue in its construction operations of 18% in Q1 2024, helped by better weather and a higher level of committed and awarded projects