Skanska’s Czech results for 2013 were a mixed bag. Revenues rose 26 percent to CZK 2.1bn but the company reported an overall loss of CZK 888m. The company’s operational results were still poor, though the losses in this category dropped to CZK 149m from CZK 189m.
However, 2014 has begun far more brightly, with the company picking up CZK 3.2bn in new orders in the first quarter. That’s triple its new orders total from Q1 2013. The largest new project Skanska won was the modernization of Pilsen’s railway hub, worth CZK 1.7bn. Smaller regional orders totaled CZK 1.5bn, up 50 percent y-o-y.
