Latest results for the first six months of 2013 show a revenue of £545m and operating profit of £17.5m.

Operating margins rose to 3.2% after dropping below 3% during the first quarter.

President and CEO Mike Putnam said: “This continues a pattern of good and consistent results over several years.

“Overall performance  remains at the levels we would expect at this stage in the year.

“First-half reported order bookings are healthy but slightly behind target at £437 million, but we remain on track for the full year. We’ve started some exciting opportunities and made some significant wins.”

Commercial and residential development led the way in the first half of 2013.

Homes by Skanska has welcomed its first homebuyers into their properties, with strong interest in its planned future developments in Cambridge and the west of England.

Work has begun at the UK’s first commercial development at 66 Queen Square, Bristol, and planning permission has been gained at 11-19 Monument Street, London.

Skanska’s Bentley Works redevelopment was also successful in its grant application from the Regional Growth Fund.

Skanska UK won a number of projects in London including office projects at 1&2 New Ludgate, 1 Aldermanbury Square and 100 Cheapside.

There were project wins for specialist mechanical and electrical services for Al Jazeera at The Shard and at Bush House.

The team also entered the high-end residential sector with a win for mechanical and electrical services at One Tower Bridge.

In civils, work continues on the joint-venture contract with Costain to deliver the £110m station at Bond Street, a project won in 2013. Skanska also started work on the £321m later-upgraded sections of the M25.

In utilities, a major win was the Thames Water Asset Management Programme Six (AMP6), worth approximately £80m per year to Skanska from 2015 for five years.

Work started on the eight-year Gas Distribution Strategic Partnership with National Grid, worth about £100m a year to Skanska, from 2013.

Skanska reported its acquisition of Atkins Highways Services in February. The transition is proceeding well and the deal is expected to complete before the end of the year.