Business area Industry
Business area Industry is a complete supplier of products and services needed in order to carry out construction and civil engineering projects sustainably and cost efficiently.
Business area Industry is run in six product areas; Asphalt, Concrete, Gravel and Rock, Transportation and Machines, Rentals and Construction System. As of 1 January 2017 Foundation Work has been moved to Civil Engineering. All of the product areas work on the Nordic construction and civil engineering markets.
Net sales and profit
The first quarter is seasonally the weakest quarter in Industry. Net sales for the first quarter 2017 increased by 18 percent and amounted to SEK 2,237 (1,894). After adjustments for acquired units net sales increased by 17 percent compared to the same period last year. The increase during the first quarter stems mainly from product areas Concrete, Gravel and Rock and Rentals.
Operating profit for the first quarter 2017 amounted to SEK -23 million (-12). Product areas Concrete, Gravel and Rock, Rentals and Transportation and Machines report a slightly better result in comparison with the corresponding period last year. As a result of seasonal variations the result in Asphalt is negative for the first quarter. The operating margin contracted to -1,0 percent (-0,6). The operating margin was 5.9 percent during the latest rolling 12 month period compared to 6.2 percent for the entire year of 2016.
Capital employed in Industry at the end of the period amounted to SEK 5,068 million (4,748).
Key ratios
| Jan-Mar 2017 | Jan-Mar 2016 | Apr-Mar 2016/2017 | Jan-Dec 2016 | |
| Net sales, MSEK | 2,237 | 1,894 | 12,504 | 12,161 |
| Operating profit, MSEK | -23 | -12 | 742 | 753 |
| Operating margin, % | -1.0 | -0.6 | 5.9 | 6.2 |
| Capital employed at the end of the period, MSEK | 5,068 | 4,748 | 5,068 | 5,416 |
| Number of employees | 3,416 | 3,216 | 3,416 | 3,385 |
| Concrete, thousands of m3 1) | 258 | 191 | 1,168 | 1,101 |
| Asphalt, thousands of tons 1) | 29 | 24 | 2,594 | 2,589 |
| Gravel and Rock, thousands of tons 1) | 2,637 | 1,845 | 13,901 | 13,109 |
1) Refers to sold volume