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 geographic regions, a region for foundations and, as of 2026, a region for major infrastructure projects as well.
Net sales and profit
Activity was high during the first quarter 2026 in business area Civil Engineering. Several Nordic countries have announced major infrastructure investments in new investments as well as operation and maintenance. In addition, public investments are being made in, among other things, water and sewerage and power supply, as well as investments related to the ongoing climate transition. Net sales increased by eleven percent and amounted to SEK 4,062 million (3,668). Even adjusted for divested operations and exchange rate effects, net sales increased by eleven percent.
Operating profit increased to SEK 147 million (114) and the operating margin improved to 3.6 percent (3.1). Earnings increased in several of the units in Sweden during the quarter. The operating margin for the latest rolling 12 month period was 4.1 percent compared to 4.0 percent for the full year 2025.
Orders received and order backlog
The level of orders received was higher during the first quarter 2026 and amounted to SEK 6,385 million (4,870). Calculated on a rolling 12 month basis the level of orders received was 120 percent of net sales.
Order backlog on March 31, 2026 amounted to SEK 24,542 million (21,129). Roads and other infrastructure make up the largest portion of the order backlog at 45 percent (36).
Net sales
per product, rolling 12 months
per geographic market, rolling 12 months
Order backlog, March 31, 2026
per product
per project size
Key ratios
| Jan-Mar 2026 | Jan-Mar 2025 | Apr 2025- Mar 2026 | Jan-Dec 2025 | ||
| Jan-mar 2026 | Jan-mar 2025 | Apr 2025- mar 2026 | Jan-dec 2025 | ||
| Net sales, MSEK | Nettoomsättning, Mkr | 4,062 | 3,668 | 18,001 | 17,607 |
| Operating profit, MSEK | Rörelseresultat, Mkr | 147 | 114 | 737 | 704 |
| Operating margin, % | Rörelsemarginal, % | 3.6 | 3.1 | 4.1 | 4.0 |
| Orders received, MSEK | Orderingång, Mkr | 6,385 | 4,870 | 21,534 | 20,019 |
| Orders received/net sales, % | Orderingång/nettoomsättning, % | 157 | 133 | 120 | 114 |
| Order backlog, MSEK | Orderstock, Mkr | 24,542 | 21,129 | 24,542 | 22,201 |
| Operating cash flow, MSEK | Operativt kassaflöde, Mkr | 415 | 226 | 1,089 | 900 |
| Average number of employees | Medeltal antal anställda | 2,970 | 3,082 | 3,113 | 3,140 |