Skanska says U.S. write-downs hit Q3, EBIT seen at about SEK 900 mln

October 14, 2015 5:39 AM

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STOCKHOLM Oct 14 Skanska, the Nordic region's biggest builder, said on Wednesday write-downs in its U.S. operations would weigh in the third quarter with operating profit seen slumping to about 900 million crowns ($111 million) from a year-ago 1.87 billion.

Market expectations, according to Thomson Reuters Smart Estimates data, were for operating earnings of 1.55 billion Swedish crowns in the quarter.

Also read: Poland's PKN Q3 net profit rises 92 pct y/y, more than expected

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