Business area Civil Engineering

Business area Civil Engineering is a leading player in Sweden and has operations in Norway. 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.

Local market works with landscaping and pipelines, does foundation work and builds different kinds of facilities as well as offers services in power and electricity distribution. Infrastructure and heavy construction builds roads, railroads, bridges, tunnels and ports. Operation and maintenance maintains federal and municipal road and street networks, tends parks and outdoor property as well as maintains water and wastewater networks.

Net sales and profit

Net sales for the first quarter 2022 amounted to SEK 3,083 million (3,090). Net sales are well spread among different product areas.

Operating profit amounted to SEK 53 million (52) and the operating margin was 1.7 percent (1.7). The operating margin for the latest 12 month period was 3.3 percent compared to 3.3 for full year of 2021. Prices for material and energy have risen considerably during 2021 and the beginning of 2022. We have handled the price hikes as well as delivery disturbances through adjusting and streamlining operations and so far there has been a limited impact on operating profit in Civil Engineering.

Orders received and order backlog

The level of orders received increased during the first quarter 2022 and amounted to SEK 4,980 million (4,608). Order backlog on March 31, 2022 amounted to SEK 15,917 million (14,822). Roads and other infrastructure generated the largest portion of order backlog by 36 percent.