PROFITS at Skanska's UK arm dipped in the first quarter of this year as the firm continued to cherry pick work.
Operating profit fell to £5.5 million from £7.7 million as revenue dipped to £164 million from £233 million in the same period a year ago.
Skanska chief executive David Fison said: 'We're not chasing volume.We want contracts that have the right return and we are being more choosy.
'By the end of this year, I would expect our order book to have doubled but I'm not interested in chasing work - I want the right work.'
Skanska's margins rose to 3.4 per cent from 3.3 per cent over the year and the business has a £1.2 billion-order backlog.
With revenue falling, the UK arm is only the group's fourth largest contributor with Norway, where revenue boomed to £186 million, in third place.
Despite civils slumping by a third this year, the US remains Skanska's biggest source of jobs, with Sweden the next biggest contributor.