Order situation

April – June 2019

Orders received in the second quarter 2019 amounted to SEK 10,817 million compared to SEK 16,257 million for the same period last year. The level of orders received in business areas Construction and Civil Engineering contracted during the second quarter. In business area Construction the comparable period included the office project Platinan in Gothenburg for Vasakronan worth SEK 2,100 million and in business area Civil Engineering the extension of the west Sweden railroad system at Olskroken in Gothenburg worth SEK 2,900 million for the Swedish Transport Administration. The level increased in business area Industry, primarily due to Asphalt. The level of orders received in business area Project Development increased as well. With a correction for these large projects in the second quarter of 2018 the level of orders received in the Group continues to be stable. Orders received in the second quarter 2019 are well spread geographically and there is good product diversity.

 

January – June 2019

Orders received in the first half-year 2019 amounted to SEK 22,685 million compared to SEK 29,163 million for the same period last year. The level of orders received in business areas Construction and Civil Engineering contracted. The level increased in business area Industry, primarily due to Asphalt. The level of orders received in business area Project Development are relatively unchanged compared to the same period last year. Orders received for the Group in the first half-year 2019 are well spread geographically and there is good product diversity.

Order backlog yet to be produced at the end of the period increased to SEK 45,873 million compared to SEK 47,453 million at the end of the same period last year. Of the total order backlog, 55 percent (58) is expected to be produced after 2019 (2018). Swedish operations accounted for 80 percent (86) of the order backlog.

Orders received

Order backlog

We received several major contracts and agreements during the second quarter, including:

  • Construction of 163 rental apartments in Enköping. The customer is Enköpings Hyresbostäder and the contract is worth SEK 210 million.
  • Construction of a new school and multi-purpose hall in Evenes in Northern Norway. The customer is Evenes Municipality and the contract is worth NOK 193 million.
  • Construction of a research building in the Brunnhög area in Lund. The customer is Fastighets AB ML 4 and the contract is worth SEK 247 million.
  • Construction of 80 apartments for rent in Sorgenfri in Malmö. The customer is MKB Fastighets AB and the contract is worth SEK 154 million.
  • Commission to take responsibility for operation and maintenance of public roads in Uppsala for four years. The customer is the Swedish Transport Administration and the cumulative worth of the contract is SEK 193 million.
  • Construction of a service building on Malmö hospital grounds. The customer is Region Skåne and the contract is worth SEK 692 million.
  • Commission to do the foundation work for the new residential area Väsjö Square in Sollentuna, north of Stockholm. The customer is Sollentuna Municipality and the contract is worth SEK 273 million.
  • Commission to build a completely new infrastructure for city block Tora in Bromsten industrial area in Spånga. This is the second stage of the ground construction. The customer is the Stockholm City Development Department and the contract is worth SEK 491 million.
  • Construction of a nursing home in Vallby, Västerås. The customer is Hemsö Fastighets AB and the contract is worth SEK 265 million.
  • Construction of 60 apartments and 28 terraced houses in Billingstad in Asker just west of Oslo. The customer is Bergerveien 24 and the contract is worth NOK 235 million.
  • Commission to extend a sports hall in Oulu. The customer is Oulun Tilapalvelut and the contract is worth EUR 19 million.
  • Commission to build a new flyover on E6 in Moelv, between Hamar and Lillehammer in Norway. The customer is Nye Veier and the contract is worth NOK 264 million.
  • Commission to build 1.5 kilometers of new trunk road which is part of the new ring road surrounding Umeå. The customer is the Swedish Transport Administration and the contract is worth SEK 268 million.

Project allocation of order backlog, June 30, 2019

Order backlog allocated over time