Business area Civil Engineering

Business area Civil Engineering is a leading player in Sweden and with operations in Norway. Civil Engineering’s operations in Finland became part of business area Industry in the autumn of 2020. Civil Engineering works with landscaping and pipelines, builds and maintains roads, railroads, bridges and other infrastructure as well as does foundation work. Operations are organized in geographic regions and the specialized product areas Local market, Infrastructure and heavy construction and Operation and maintenance.

In Local market the business area works with landscaping and pipelines, does foundation work and builds different kinds of facilities.

In Infrastructure and heavy construction it builds roads, railroads, bridges, tunnels and ports.

Operation and maintenance run federal and municipal road and street networks, tends parks and outdoor property as well as runs water and water waste networks.

Net sales and profit

Net sales for the first quarter 2021 increased by 12 percent and amounted to SEK 3,090 million (2,770). The increase is primarily related to Operations and maintenance. Net sales are well spread among different product areas. Roads and other infrastructure generated the largest portion of net sales by 33 percent (30) calculated on a rolling 12 months.

Operating profit for the first quarter 2021 amounted to SEK 52 million (41) and the operating margin improved to 1.7 percent (1.5). The operating margin for the latest 12 month period was 3.1 percent compared to 3.0 for full year of 2020.

Orders received and order backlog

Orders received during the first quarter 2021 was SEK 4,608 million (3,435). Order backlog on March 31, 2021 amounted to SEK 14,822 million (14,146). Roads and other infrastructure generated the largest portion of order backlog by 35 percent.

Net sales

per product area, rolling 12 months
per geographic market, rolling 12 months

Order backlog, March 31, 2021

per product area

per project size

Key ratios

Jan-Mar
2021
Jan-Mar
2020
Apr 2020-
Mar 2021
Jan-Dec
2020
Jan-mar
2021
Jan-mar
2020
Apr 2020-
mar 2021
Jan-dec
2020
Net sales, MSEK Nettoomsättning, Mkr 3,090 2,770 13,163 12,843
Operating profit, MSEK Rörelseresultat, Mkr 52 41 402 391
Operating margin, % Rörelsemarginal, % 1.7 1.5 3.1 3.0
Orders received, MSEK Orderingång, Mkr 4,608 3,435 13,925 12,752
Order backlog, MSEK Orderstock, Mkr 14,822 14,146 14,822 13,075
Average number of employees 1) Medelantalet anställda 1) 3,654 3,612 3,654 3,625

1) Caluculated on rolling 12 months