Order situation

Orders received for the first quarter 2020 amounted to SEK 12,608 million compared to SEK 11,868 million for the same period last year. The level of orders received in business areas Construction, Civil Engineering and Project Development increased during the first quarter. The level of orders received was lower in both Paving and Construction System in business area Industry. Orders received in the first quarter 2020 are well spread in place and product segment.

Order backlog yet to be produced at the end of the period decreased to SEK 44,151 million compared to SEK 47,532 million at the end of the same period last year. Of the total order backlog, 42 percent (40) is expected to be produced after 2020 (2019). Swedish operations accounted for 79 percent (82) of the order backlog.

Orders received

Order backlog

We received several major projects and contracts in the first quarter, including:

  • Extension and maintenance phase of the new section of highway on E6 between Kvål and Melhus in Norway. The customer is Nye Veier and the contract is worth NOK 784 million.
  • Construction of a senior living in Hudiksvall. The customer is Hudiksvall Municipality and the contract is worth SEK 125 million.
  • Construction of apartments in the city district Regementsstaden in Borås. The customer is the municipal housing company AB Bostäder in Borås and the contract is worth SEK 194 million.
  • Construction of a 27,500 m2 extension of chain store Jula’s central warehouse in Skara. The customer is Jula Logistics AB and the contract is worth SEK 114 million.
  • Construction of a new building centrally located in Örebro for Klövern. The tenant will be Scandic Hotels. The contract is worth SEK 218 million.
  • Construction of an office building and hotel in Keilaniemi in Espoo, Finland. The contract is worth EUR 38 million. The customer for the office building is Real Estate Company Espoon Swing Plus C and Real Estate Company Espoon Swing Plus A for the hotel.
  • Construction of 120 condominiums in Gärdet in central Stockholm. The customer is Aros Bostad and the contract is worth SEK 283 million.
  • Construction of a middle school for grades 7-9 in Irsta, Västerås. The customer is Västerås City and the contract is worth SEK 196 million.
  • Construction of 121 apartments in Söderport, in the center of Norrköping. The customer is Grundingen Fastighets AB and the contract is worth SEK 145 million.
  • Construction of student housing and commercial space for Turun Ylioppilaskyläsäätiö in Åbo, Finland. The contract is worth EUR 23 million.
  • Construction of senior living with 88 apartments in Eskilstuna. The customer is Eskilstuna Municipality and the contract is worth SEK 175 million.
  • Construction of a new factory with an accompanying office building where the next generation of forestry machines will be manufactured in Umeå. The customer is Komatsu Forest AB and the contract is worth SEK 650 million.
  • Construction of 166 energy efficient student apartments in Björkhagen, south of Stockholm. The customer is Stiftelsen Stockholms studentbostäder, SSSB, and the contract is worth SEK 152 million.
  • Construction of a new healthcare building on the hospital grounds in Ängelholm. The customer is Hälsostaden Ängelholm AB and the contract is worth SEK 176 million.

Project allocation of order backlog, March 31, 2020

Order backlog allocated over time