Business area Civil Engineering
Business area Civil Engineering is a leading supplier in Sweden with operations in Norway and Finland as well. The business area works with landscaping and pipelines, builds and maintains roads, railroads, bridges and other infrastructure as well as foundation work. Civil Engineering operations are organized in geographic regions and the specialized product areas: Local market, Infrastructure and Operation and maintenance.
Business area Civil Engineering is active on the local civil engineering market working with landscaping and pipelines, foundation work and builds different kinds of facilities.
Infrastructure and heavy construction builds roads, railroads, bridges, tunnels and ports.
Operation and maintenance provides just that for national and municipal highway and street networks as well as care of parks and outdoor property. It also operates sewage and water supply networks.
Net sales and profit
April – June 2018
Net sales for the second quarter 2018 amounted to SEK 3,439 million (2,831) which was an increase of 21 percent. The increase stems from all product areas.
Operating profit for the second quarter 2018 amounted to SEK 130 million (110) and the operating margin was 3.8 percent (3.9).
January- June 2018
Net sales for the first half-year 2018 amounted to SEK 6,255 million (5,219) which was an increase of 20 percent. After adjustments for acquired units net sales increased by 17 percent. The increase during the first half-year stems from all product areas and there is a greater portion of Infrastructure in net sales.
Operating profit for the first half-year 2018 amounted to SEK 172 million (149) and the operating margin improved to 2.7 percent (2.9). The operating margin for the latest 12 month rolling period was 3.1 percent compared to 3.2 percent for the entire year of 2017.
Orders received and order backlog
April – June 2018
Orders received increased by 57 percent during the second quarter 2018 and amounted to SEK 6,193 million (3,951). The increase is primarily due to the extension of the west Sweden railroad system at Olskroken in Gothenburg, worth SEK 2,900 million, for the Swedish Transport Administration.
January- June 2018
Orders received during the first half-year 2018 amounted to SEK 10,052 million (7,751).
Order backlog on 30 June 2018 improved to SEK 14,749 million (10,974).
Net sales
Project allocation of order backlog, 30 June 2018
Key ratios
| Apr-Jun 2018 | Apr-Jun 2017 | Jan-Jun 2018 | Jan-Jun 2017 | Jul-Jun 2017/2018 | Jan-Dec 2017 | ||
| Apr-jun 2018 | Apr-jun 2017 | Jan-jun 2018 | Jan-jun 2017 | Jul-jun 2017/2018 | Jan-dec 2017 | ||
| Net sales, MSEK | Nettoomsättning, Mkr | 3,439 | 2,831 | 6,255 | 5,219 | 12,861 | 11,825 |
| Operating profit, MSEK | Rörelseresultat, Mkr | 130 | 110 | 172 | 149 | 397 | 374 |
| Operating margin, % | Rörelsemarginal, % | 3.8 | 3.9 | 2.7 | 2.9 | 3.1 | 3.2 |
| Orders received, MSEK | Orderingång, Mkr | 6,193 | 3,951 | 10,052 | 7,751 | 16,492 | 14,191 |
| Order backlog, MSEK | Orderstock, Mkr | 14,749 | 10,974 | 14,749 | 10,974 | 14,749 | 10,832 |
| Number of employees at the end of the period | Antal anställda vid periodens utgång | 3,871 | 3,532 | 3,871 | 3,532 | 3,871 | 3,344 |