Business area Civil Engineering

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

In the area of infrastructure and heavy construction it builds roads, railroads, bridges, tunnels and ports.

Civil Engineering also provides operation and maintenance for national and municipal highways and street networks as well as cares for parks and outdoor property. It also operates water and sewage supply networks.

Net sales and profit

April – June 2019

Net sales for the second quarter 2019 amounted to SEK 3,374 million (3,439). Net sales increased in Local market during the first half-year while net sales in Operations and maintenance as well as Infrastructure were lower.

Operating profit for the second quarter 2019 amounted to SEK 124 million (130) and the operating margin was 3.7 percent (3.8).

January- June 2019

Net sales were relatively unchanged during the first half-year of 2019 and amounted to SEK 6,290 million (6,255). Even after adjustments for acquired units net sales were unchanged. Net sales increased in Local market during the first half-year while net sales in Operations and maintenance was lower.

Operating profit for the first half-year 2019 amounted to SEK 160 million (172) and the operating margin contracted to 2.5 percent (2.7). The operating margin for the latest rolling 12 month period was 2.9 percent compared to 3.0 percent for the entire year of 2018.

Orders received and order backlog

April – June 2019

Orders received during the second quarter 2019 amounted to SEK 3,498 million (6,193). The comparable period included the extension of the west Sweden railroad system at Olskroken in Gothenburg, worth SEK 2,900 million, for the Swedish Transport Administration.

January- June 2019

Orders received during the first half-year 2019 amounted to SEK 6,567 million (10,052).

Order backlog on June 30, 2019 amounted to SEK 13,992 million (14,749).