Business area Industry

Business area Industry provides products and services needed to carry out construction and civil engineering projects on the Nordic market that are more sustainable and cost-​efficient. With local roots we work with both external and internal customers.

Business area Industry offers everything from mineral aggregates, concrete, paving and temporary electricity to prefabricated concrete elements and frame assembly. The business area also assists with crane, barrack and machine rental, distribution of binder to the concrete industry, transportation and recycles surpluses from the construction and civil engineering industry as well. The business area is run in six product areas: mineral aggregates, paving, concrete, transportation and machines, rentals and construction system.

Net sales and profit

Business area Industry has a very clear seasonal pattern where the first quarter is characterized by substantial deficits since the paving season begins in the second quarter.

Net sales for the first quarter 2025 decreased by five percent to SEK 2,283 million (2,411). The decrease is related to construction systems and rentals due to a weak housing market.

Operating profit contracted during the first quarter and amounted to SEK -549 million (-479) and the operating margin was -24.0 percent (-19.9).

Mineral aggregates and concrete had slightly improved earnings in the quarter compared to the corresponding quarter last year. Operating profit for paving, where the first quarter entails preparing for the coming season, was on par with the first quarter 2024. Some of the operations in the Norwegian paving and mineral aggregates operations are undergoing review due to a period of low earnings. Both construction systems and rental operations have been impacted by the weak housing market and reported lower profitability compared to the first quarter last year. The operating margin of the business area for latest rolling 12 month period was 6.3 percent compared to 6.6 percent for the full year 2024.

Capital employed at the end of the period decreased and was SEK 9,735 million compared to SEK 10,806 million at the end of the corresponding period last year. The decrease is due to a lower investment rate and an improvement in working capital.

Orders received and order backlog

The level of orders received increased during the first quarter to SEK 3,835 million (2,932). The increase is related to paving contracts in both Sweden and Finland.

Order backlog per March 31, 2025 amounted to SEK 7,417 million (6,211).