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Outlook Improving in Shaky Building Market

from Engineering News-Record

Faced with economic uncertainties around the world, many global design and construction firms have struggled to find a steady stream of opportunities, but some are cautiously optimistic that conditions are improving. Skanska reported a 3 percent drop in revenue between January and September of this year, compared to the same period in 2015. “Even though a majority of our construction units are performing well, we are not satisfied with the performance in the construction stream, and we are working hard to improve the situation,” says Johan Karlström, president and CEO of Skanska. more

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