Business area Civil Engineering
Business area Civil Engineering is a leading actor in Sweden and one of the larger players 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 five geographic regions, one region for foundations and one specialized nationwide region in Sweden for operation and maintenance.
Local market in business area Civil Engineering works with landscaping, streets, pipelines, foundation work as well as construction of different kinds of facilities and water and pipeline systems. Infrastructure and heavy construction builds roads, railroads, bridges, tunnels and ports. Operation and maintenance handles national and municipal highways and street networks, tends parks and outdoor property as well as operates water and wastewater networks.
Net sales and profit
Activity was high during the first quarter 2025 in business area Civil Engineering in both Sweden and Norway. Public investments in the form of infrastructure and water and sewage facilities as well as the ongoing climate transition have a positive impact. Net sales increased by three percent to SEK 3,668 million (3,558).
Operating profit increased to SEK 114 million (77) and the operating margin improved to 3.1 percent (2.2). The operating margin for the latest rolling 12 month period was 3.2 percent compared to 3.0 percent for the full year 2024.
Orders received and order backlog
The level of orders received was lower during the first quarter 2025 and amounted to SEK 4,870 million (8,188). The level of orders received in the comparable period was very high and included a couple of major infrastructure projects and operation and maintenance contracts in excess of one billion Swedish kronor. Calculated on a rolling 12 month period the level of orders received was 115 percent of net sales.
Order backlog on March 31, 2025 amounted to SEK 21,129 million (18,623). Roads and other infrastructure make up the largest portion of the order backlog at 36 percent (31).
Net sales
per product, rolling 12 months
per geographic market, rolling 12 months
Order backlog, March 31, 2025
per product
per project size
Key ratios
| Jan-Mar 2025 | Jan-Mar 2024 | Apr 2024- Mar 2025 | Jan-Dec 2024 | ||
| Jan-mar 2025 | Jan-mar 2024 | Apr 2024- mar 2025 | Jan-dec 2024 | ||
| Net sales, MSEK | Nettoomsättning, Mkr | 3,668 | 3,558 | 16,649 | 16,539 |
| Operating profit, MSEK | Rörelseresultat, Mkr | 114 | 77 | 536 | 499 |
| Operating margin, % | Rörelsemarginal, % | 3.1 | 2.2 | 3.2 | 3.0 |
| Orders received, MSEK | Orderingång, Mkr | 4,870 | 8,188 | 19,135 | 22,453 |
| Orders received/net sales, % | Orderingång/nettoomsättning, % | 133 | 230 | 115 | 136 |
| Order backlog, MSEK | Orderstock, Mkr | 21,129 | 18,623 | 21,129 | 19,853 |
| Operating cash flow, MSEK | Operativt kassaflöde, Mkr | 226 | 299 | 624 | 697 |
| Average number of employees | Medeltal antal anställda | 3,082 | 3,120 | 3,216 | 3,235 |