Business area Industry

Business area Industry provides products and services needed to carry out construction and civil engineering projects on the Nordic market that are more sustainable and cost-​efficient. With local roots we work with both external and internal customers.

Business area Industry offers everything from mineral aggregates, concrete, paving and temporary electricity to prefabricated concrete elements and frame assembly. The business area also assists with crane, barrack and machine rental, distribution of binder to the concrete industry, transportation and recycles surpluses from the construction and civil engineering industry as well. The business area is run in six product areas: mineral aggregates, paving, concrete, transportation and machines, rentals and construction system.

Net sales and profit

Business area Industry has a very clear seasonal pattern where the first quarter is characterized by substantial deficits since the paving season begins in the second quarter.

April – June 2025

Net sales for the second quarter 2025 decreased by six percent to SEK 5,678 million (6,033). The decrease is related to paving and construction system. Operating profit increased during the second quarter and amounted to SEK 544 million (449) and the operating margin improved to 9.6 percent (7.4). Operating profit was higher in paving, mineral aggregates and concrete compared to the second quarter 2024, while both construction system and rental operations were affected by the weak housing market and reported lower profitability.

January – June 2025

Net sales for the first half-year 2025 decreased by six percent to SEK 7,961 million (8,444). The decrease is due to paving and less activity in construction system and rental operations as a result of a weak housing market.

Operating profit during the first half-year amounted to SEK -5 million (-30) and the operating margin was -0.1 percent (-0.4). Operating profit improved in paving, mineral aggregates and concrete during the first half of the year, while both construction system and rental operations were affected by the weak housing market and reported lower profitability. Some of the operations in the Norwegian paving and mineral aggregates operations are undergoing review due to a period of low earnings. The operating margin of the business area for the latest rolling 12 month period was 6.8 percent compared to 6.6 percent for the full year 2024.

Capital employed at the end of the period decreased and was SEK 10,391 million compared to SEK 11,339 million at the end of the same period last year. The decrease is due to a lower rate of investments and an improvement in working capital.

Orders received and order backlog

April – June 2025

The level of orders received decreased during the second quarter and amounted to SEK 3,630 million (4,495). The reduction is related to Norwegian and Finnish paving operations.

January – June 2025

The level of orders received was unchanged and amounted to SEK 7,465 million (7,427) during the first half year. The lower level of orders received in paving in Norway and Finland has been countered by a higher level of orders received in Sweden. Order backlog per June 30, 2025 amounted to SEK 7,399 million (6,798).