Order situation
Orders received for the first quarter 2017 amounted to SEK 11,114 million compared to SEK 11,886 million for the same period last year. The level of orders received has risen in business area Construction but contracted in Civil Engineering and Project Development. No orders received or order backlog is given for the business area Industry.
There continues to be a broad spread geographically of housing projects in orders received for first quarter 2017.
Order backlog yet to be produced at the end of the period increased to SEK 35,679 million compared to SEK 31,550 million at the end of the same period last year. Of the total order backlog, 40 percent (45) is expected to be produced after 2017 (2016). Swedish operations accounted for 82 percent (84) of the order backlog.
Orders received
| MSEK | Jan-Mar 2017 | Jan-Mar 2016 | Apr-Mar 2016/2017 | Jan-Dec 2016 |
| Construction | 7,865 | 7,300 | 28,448 | 27,883 |
| Civil Engineering | 3,800 | 4,221 | 11,668 | 12,089 |
| Project Development | 1,375 | 1,773 | 7,847 | 8,245 |
| Eliminations | -1,926 | -1,408 | -7,290 | -6,772 |
| Group | 11,114 | 11,886 | 40,673 | 41,445 |
Order backlog
| MSEK | 31 Mar 2017 | 31 Mar 2016 | 31 Dec 2016 |
| Construction | 25,716 | 21,666 | 24,160 |
| Civil Engineering | 10,052 | 9,476 | 8,679 |
| Project Development | 6,705 | 4,895 | 6,853 |
| Eliminations | -6,794 | -4,487 | -6,120 |
| Group | 35,679 | 31,550 | 33,572 |
We received several major contracts and agreements during the first quarter, including:
- Construction of the office building The Point in Hyllie, Malmö. The customer is Point Hyllie Holding, owned equally by Peab and Volito. The contract is worth SEK 450 million.
- Renovation and extension of Norrland University Hospital in Umeå. The customer is the Västerbotten County Council and the contract is worth SEK 282 million.
- Construction of 146 new apartments in city district Munkebäck in Gothenburg. The customer is Riksbyggen and the contract is worth SEK 281 million.
- Construction of 200 new apartments in city district Munkebäck in Gothenburg. The customer is Tornet and the contract is worth SEK 374 million.
- Construction of a new school in Kristianstad. The customer is Kristianstad Municipality and the contract is worth SEK 128 million.
- Construction of housing project Signaturen and Sjöfront trinn II at Kaldnes Pier in Tönsberg, Norway. The customer is Selvaag Bolig and the contract is worth NOK 147 million.
- Construction of Peab’s new office building in Ulriksdal, Solna. The office building is an investment of SEK 453 million, of which Peab’s own construction contract makes up SEK 317 million. The order is included in orders received for business area Construction in the first quarter of 2017. The order will be eliminated at Group level.
- Construction of a new student center in Linköping. The customer is Akademiska Hus AB and the contract is worth SEK 327 million.