Skanska loses the prospect of profits in the face of the collapse in the real estate market
Author: Niklas Pollard STOCKHOLM (Reuters) – Swedish construction company Skanska reported third-quarter earnings on Wednesday well below market expectations as weak real estate markets took their toll with asset write-downs and goodwill impairments, sending its shares down 12 %. The largest construction company in the Nordic region, which is also one of the biggest players …