The operating income in the third quarter 2018 for Skanska Group is about SEK 0.5 billion (1.5), including write downs and impairment charges in the U.S. totaling SEK 1.3 billion
Skanska makes project write downs of SEK 0.9 billion related to the construction phase of two ongoing PPP-projects in the U.S. The project write downs are caused by additional cost overruns due to low production rates and delays. Skanska also takes a goodwill impairment charge of SEK 0.4 billion, with no cash flow impact, in the third quarter associated with the process of exiting the U.S. power sector.After the write downs and impairment charge, the operating income in the third quarter 2018 for the Skanska Group is expected to be about SEK 0.5 billion (1.5). Attached appendix includes