Restructuring costs of US$235M have had an impact on Skanska‘s earnings for 2002, as did a loss made during the final quarter, and streamlining will continue into 2003, as the company aims to make construction operations more efficient. However, the outcome was better than the stock market had predicted. Furthermore, order bookings in Scandinavia rose by 1% to US$1.02bn. In Europe, they were US$1.6bn, and US$1.16bn in the US. Skanska’s full-year consolidated income was US$8.6M. A dividend of US$0.24 per share was proposed for 2002.
