Order situation
Orders received for the first quarter 2019 amounted to SEK 11,868 million compared to SEK 12,906 million for the same period last year. The level of orders received in business areas Construction and Civil Engineering contracted during the first quarter. It increased in business area Industry, primarily related to Asphalt. There have been fewer orders received in business area Project Development as a result of fewer housing production starts. Orders received in the first quarter 2019 are well spread geographically and there is good product diversity.
Order backlog yet to be produced at the end of the period increased to SEK 47,532 million compared to SEK 43,055 million at the end of the same period last year. Of the total order backlog, 40 percent (42) is expected to be produced after 2019 (2018). Swedish operations accounted for 82 percent (84) of the order backlog.
Orders received
MSEK | Jan-Mar 2019 | Jan-Mar 2018 | Apr-Mar 2018/2019 | Jan-Dec 2018 | |
Mkr | Jan-mar 2019 | Jan-mar 2018 | Apr-mar 2018/2019 | Jan-dec 2018 | |
Construction | Bygg | 6,368 | 8,144 | 29,231 | 31,007 |
Civil Engineering | Anläggning | 3,069 | 3,859 | 15,559 | 16,349 |
Industry | Industri | 2,280 | 1,546 | 5,845 | 5,111 |
Project Development | Projektutveckling | 1,627 | 2,061 | 6,247 | 6,681 |
Eliminations | Elimineringar | -1,476 | -2,704 | -6,833 | -8,061 |
Group | Koncernen | 11,868 | 12,906 | 50,049 | 51,087 |
Order backlog
MSEK | 31 Mar 2019 | 31 Mar 2018 | 31 Dec 2018 | |
Mkr | 31 mar 2019 | 31 mar 2018 | 31 dec 2018 | |
Construction | Bygg | 29,479 | 28,428 | 29,776 |
Civil Engineering | Anläggning | 13,843 | 11,889 | 13,620 |
Industry | Industri | 3,981 | 3,563 | 2,246 |
Project Development | Projektutveckling | 6,694 | 8,275 | 7,134 |
Eliminations | Elimineringar | -6,465 | -9,100 | -6,957 |
Group | Koncernen | 47,532 | 43,055 | 45,819 |
We received several major contracts and agreements during the first quarter, including:
- Construction of two apartment buildings, a parking garage and a store in Turku. The customer is Auratum Asunnot Turku Oy and the contract is worth MEUR 16 million.
- Renovation of Aleksis Kivi Elementary School in Helsinki. The customer is the City of Helsinki and the contract is worth MEUR 22 million.
- Construction of 108 apartments in Helsingborg. The customer is Tornet Bostad Drottninghög AB and the contract is worth SEK 133 million.
- Ground laying and foundation work for the new heating plant Carpe Futurum in Uppsala. The customer is Vattenfall AB and the contract is worth SEK 143 million.
- Construction of 122 apartments and 1,400 m2 retail space in city block Hjulet in Falkenberg. The customer is Kvarteret Hjulet Fastighets AB and the contract is worth SEK 255 million.
- Rebuilding wards in the main building of Helsingborg Hospital. The customer is Region Skåne, Regional property and the contract is worth SEK 277 million.
- Construction of offices and apartments with a connecting garage in city block Konsuln in Linköping. The customer is Fastighets AB L E Lundberg and the contract is worth SEK 344 million.
- Construction of a hotel at Hundfjället in Sälen. The customer is SkiStar Lodge Hundfjället AB and the contract is worth SEK 381 million.
- Renovation and rebuilding the University of Tromsø, Narvik campus, in Northern Norway. The customer is Statsbygg and the contract is worth NOK 132 million.
- Construction of a hospital on Östermyrankatu in Seinäjoki, Finland. The customer is Kiinteistö Oy Seinäjoen Terveysteknologiakeskus and the contract is worth EUR 30 million.
- Operation and maintenance of public roads in the Kalmar area. The customer is the Swedish Transport Administration and the cumulative worth of the contract is SEK 200 million. The contract is spread over four years.
- Commission to take responsibility for operation and maintenance of public roads in Uppsala for four years. The customer is the Swedish Transport Administration and the cumulative worth of the contract is SEK 193 million.