Builder Skanska reports profit jump but braces for slowdown
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STOCKHOLM (Reuters) - Swedish builder Skanska beat forecasts with a jump in first-quarter profit on Tuesday but lowered its market outlook as it braces for the impact of the new coronavirus. Operating profit rose to 2.90 billion crowns (235.12 million pounds) from 488 million and beat the 1.46 billion expected by five analysts, Refinitiv Eikon data showed.Order intake at Construction, which books the bulk of group sales, grew to 41.3 billion crowns from 27.3 billion.Skanska's shares rose 4% in..