Order situation

Orders received in the first quarter 2021 amounted to SEK 14,446 million compared to SEK 12,608 million for the same quarter last year. The increase for the most part refers to business area Industry and is related to orders received in the paving and mineral aggregates operations acquired from YIT that were taken over on April 1, 2020.

The level of orders received in the first quarter in business area Civil Engineering increased while the level of orders received in business area Construction has been somewhat lower. The level of orders received in the first quarter in business area Project Development increased due to more production-started homes.

Order backlog yet to be produced at the end of the period was SEK 47,286 million compared to SEK 44,151 million at the corresponding period last year. The increase in order backlog for the most part is related to the order backlog in the acquired paving and mineral aggregates operations in business area Industry. Of the total order backlog, 38 percent (42) is expected to be produced after 2021 (2020). Swedish operations accounted for 76 percent (79) of the order backlog.

 

Orders received

MSEK Jan-Mar
2021		 Jan-Mar
2020		 Apr 2020-
Mar 2021		 Jan-Dec
2020
Mkr Jan-mar
2021		 Jan-mar
2020		 Apr 2020-
mar 2021		 Jan-dec
2020
Construction Bygg 7,029 7,449 26,177 26,597
Civil Engineering Anläggning 4,608 3,435 13,925 12,752
Industry Industri 3,302 1,399 11,796 9,893
Project Development Projektutveckling 2,507 1,670 7,777 6,940
Eliminations Elimineringar -3,000 -1,345 -8,102 -6,447
Group Koncernen 14,446 12,608 51,573 49,735

Order backlog

MSEK Mar 31
2021		 Mar 31
2020		 Dec 31
2020
Mkr 31 mar
2021		 31 mar
2020		 31 dec
2020
Construction Bygg 27,385 27,832 26,558
Civil Engineering Anläggning 14,822 14,146 13,075
Industry Industri 6,497 3,409 3,921
Project Development Projektutveckling 6,149 4,885 5,151
Eliminations Elimineringar -7,567 -6,121 -5,996
Group Koncernen 47,286 44,151 42,709

Project size of order backlog, March 31, 2021

Order backlog allocated over time

Södra School

Grums

We received a number of major construction projects and contracts in the first quarter, including:

  • Construction of three high-rises in Tikkurila in Vantaa City. The customer is the state tenancy apartment procurer A-Kruunu Oy. The contract is worth EUR 17 million.
  • Construction of 60 apartments and two stores in Visby on Gotland. The customer is Brf Ordboken. The contract is worth SEK 106 million.
  • Construction of 162 rental apartments in Kalmar. The customer is PPE Fastigheter i Kalmar AB. The contract is worth SEK 187 million.
  • Construction of an office building in Hyllie, Malmö. The customer is Wihlborgs Pulpeten 5 AB. The contract is worth SEK 365 million.
  • Construction of 182 student apartments in Lappskärsberget close to the University of Stockholm. The customer is Stockholms Studentbostäder. The contract is worth SEK 225 million.
  • Renewed commission as primary contractor for electric grid services for Öresundskraft in Helsingborg and Ängelholm. The contract is for four years and worth approximately SEK 100 million annually.
  • Construction of 149 rental apartments, ground floor commercial space and a garage in Skeppsbron in Jönköping. The customer is HSB Göta. The contract is worth SEK 221 million.
  • Construction of new prison buildings in Skänninge, just outside Mjölby. The customer is Specialfastigheter Sverige AB and The Prison and Probation Service will be the tenant. The contract is worth SEK 212 million.
  • Construction of an office building for Niam Oy on the Life Science Center block in Keilaniemi in Espoo. The contract is worth EUR 20 million.
  • Construction of a new horse racing track facility in Trøndelag. The customer is Leangentravets Eiendom. The contract is worth NOK 100 million.
  • Rebuilding of a wastewater treatment plant in Henriksdal, Stockholm. The customer is Stockholm Vatten och Avfall. The contract is worth SEK 254 million.
  • Construction of the new Westerlundska High School in Enköping. The customer is Enköping Municipality. The contract is worth SEK 405 million. 
  • Rebuilding of Highway 35 south of Linköping. The customer is the Swedish Transport Administration. The contract is worth SEK 122 million.
  • Construction of the third and final stage in the apartment project Fri Sikt in Ålesund. The customer is Fri Sikt Volsdalsberga. The contract is worth NOK 120 million. 
  • Construction of a new car dealership in Ålesund for Waagan Eiendom. The contract is worth NOK 113 million. 

A number of our own housing development projects were production-started in the first quarter, including:

  • Brf Varvsporten in Malmö comprising 116 homes. The project is expected to be completed in August 2023 and will be environmentally certified according to the Swan.
  • Helsingin Maaherra in Helsinki comprising 69 homes with solar panels on the roof. The project is expected to be completed in August 2022.
  • Brf Treudden in Västerås comprising 30 homes. The project is expected to be completed in September 2022 and will be environmentally certified according to the Swan.
  • Hervantajärven Kaisla in Tampere comprising 56 homes. The project is expected to be completed in October 2022.
  • Brf Esplanaden in Örebro comprising 60 homes. The project is expected to be completed in November 2022 and will be environmentally certified according to the Swan.
  • Brf Å-promenaden in Nyköping comprising 47 homes. The project is expected to be completed in December 2022 and will be environmentally certified according to the Swan.

We received a number of federal and municipal paving contracts in the first quarter, including:

  • One-year contract in Kainuu in North Ostrobothnia worth EUR 7.6 million. The asphalt volume is about 92,000 tons.
  • One-year contract in South Ostrobothnia worth EUR 5 million. The asphalt volume is about 91,000 tons.
  • Three-year contract in Southwest Finland worth a total of EUR 9.9 million. The asphalt volume is about 35,000 tons annually.
  • One-year contract in the Stockholm region worth SEK 86 million. The asphalt volume is about 74,000 tons.
  • One-year contract in the Umeå region worth SEK 72 million. The asphalt volume is about 77,000 tons.
  • Three-year contract in Gävleborg worth a total of SEK 63 million for chip sealing. The paving surface is slightly more than a million square meters annually.
  • One-year contract in Herning Municipality worth slightly more than DKK 18 million. The asphalt volume is about 47,000 tons.