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 heavy construction and Operation and maintenance.
On the Local market the business area is 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.
Operation and maintenance provides just that 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 2020
Net sales for the second quarter 2020 amounted to SEK 3,432 million (3,374). Net sales increased in Infrastructure while net sales in Local market was lower.
Operating profit for the second quarter 2020 amounted to SEK 127 million (123) and the operating margin was 3.7 percent (3.6).
January- June 2020
Net sales were relatively unchanged during the first half-year of 2020 and amounted to SEK 6,202 million (6,290). Even after adjustments for acquired units net sales were relatively unchanged. Net sales increased in Infrastructure during the first half-year while net sales in Local market as well as Operations and maintenance were lower.
Operating profit for the first half-year 2020 amounted to SEK 168 million (159) and the operating margin improved to 2.7 percent (2.5). The operating margin for the latest rolling 12 month period was 2.8 percent which was unchanged compared to the entire year of 2019.
Orders received and order backlog
April – June 2020
Orders received during the second quarter 2020 amounted to SEK 3,493 million (3,498).
January- June 2020
Orders received during the first half-year 2020 increased to SEK 6,928 million (6,567).
Order backlog on June 30, 2020 amounted to SEK 14,174 million (13,992).
Net sales
Project allocation of order backlog, June 30, 2020
Key ratios
| Apr-Jun 2020 | Apr-Jun 2019 | Jan-Jun 2020 | Jan-Jun 2019 | Jul-Jun 2019/2020 | Jan-Dec 2019 | ||
| Apr-jun 2020 | Apr-jun 2019 | Jan-jun 2020 | Jan-jun 2019 | Jul-jun 2019/2020 | Jan-dec 2019 | ||
| Net sales, MSEK | Nettoomsättning, Mkr | 3,432 | 3,374 | 6,202 | 6,290 | 13,251 | 13,339 |
| Operating profit, MSEK | Rörelseresultat, Mkr | 127 | 123 | 168 | 159 | 376 | 367 |
| Operating margin, % | Rörelsemarginal, % | 3.7 | 3.6 | 2.7 | 2.5 | 2.8 | 2.8 |
| Orders received, MSEK | Orderingång, Mkr | 3,493 | 3,498 | 6,928 | 6,567 | 13,469 | 13,108 |
| Order backlog, MSEK | Orderstock, Mkr | 14,174 | 13,992 | 14,174 | 13,992 | 14,174 | 13,446 |
| Number of employees at the end of the period | Antal anställda vid periodens utgång | 3,754 | 3,758 | 3,754 | 3,758 | 3,754 | 3,511 |