Order situation

April – June 2026

The level of orders received, the highest ever so far in a single quarter, amounted to SEK 18,336 million (13,183). Orders received increased primarily in business area Construction, where several large projects were order registered during the quarter, including construction of the data center FIN04A in Kouvola, Finland worth EUR 130 million and the Oceanhamn Swimming Pool in Helsingborg worth SEK 825 million. The level of orders received decreased in business area Civil Engineering during the quarter while it was somewhat higher in business area Industry. The level of orders received in business area Project Development was higher due to more production starts of tenant-owner apartment projects. A large portion of Group orders received continues to come from the public sector.

January – June 2026

The level of orders received increased by 14 percent during the first half-year 2026 and amounted to SEK 33,897 million (29,757). The level of orders received increased in business area Construction and Civil Engineering during the period while it fell in business area Industry. The level of orders received in business area Project Development was more or less on par with the corresponding period last year. A large portion of Group orders received continues to come from the public sector.

Order backlog yet to be produced at the end of the period has risen to the highest level ever and amounted to SEK 57,292 million (51,757), despite a volume reduction of approximately SEK 900 million that arose by the sale of the subsidiary K Nordang.

Of the total order backlog, 61 percent (59) is expected to be produced after 2026 (2025). Swedish operations accounted for 81 percent (78) of the order backlog.

Preliminary contracts

Operations in business areas Construction and Civil Engineering often participate in dialogues with customers at an early stage prior to planned projects, so-called preliminary contracts. Through these preliminary contracts Peab is contracted to arrive at, together with the customer, an optimal product with the right quality and also deal with risks and uncertainties. As of 2024, we present the potential value of the final construction contracts generated by these preliminary contracts.

At the beginning of 2026 the potential value was around SEK 17 billion. During the period several projects went from preliminary contracts to construction contracts, which means that they have been included in Peab’s orders received. During the second quarter several preliminary contracts were registered as orders received primarily in business area Construction. At the same time we have received new preliminary contracts in both business areas Construction and Civil Engineering while some projects have fallen to the wayside. The value of the construction contracts generated from these preliminary contracts at the end of June was around SEK 19 billion, and these orders will potentially be received over the next two years.

Orders received

MSEK Apr-Jun
2026		 Apr-Jun
2025		 Jan-Jun
2026		 Jan-Jun
2025		 Jul-Jun
2025/2026		 Jan-Dec
2025
Mkr Apr-jun
2026		 Apr-jun
2025		 Jan-jun
2026		 Jan-jun
2025		 Jul-jun
2025/2026		 Jan-dec
2025
Construction Bygg 12,088 6,602 18,830 15,386 28,742 25,298
Civil Engineering Anläggning 3,472 4,083 9,857 8,953 20,923 20,019
Industry Industri 4,082 3,630 7,022 7,465 12,803 13,246
Project Development Projektutveckling 1,011 322 1,477 1,598 2,744 2,865
Eliminations Elimineringar -2,317 -1,454 -3,289 -3,645 -6,145 -6,501
Group Koncernen 18,336 13,183 33,897 29,757 59,067 54,927

Order backlog

MSEK Jun 30
2026		 Jun 30
2025		 Dec 31
2025
Mkr 30 jun
2026		 30 jun
2025		 31 dec
2025
Construction Bygg 31,375 27,402 25,134
Civil Engineering Anläggning 22,841 20,698 22,201
Industry Industri 7,678 7,399 5,390
Project Development Projektutveckling 2,119 1,738 1,702
Eliminations Elimineringar -6,721 -5,480 -5,883
Group Koncernen 57,292 51,757 48,544

Project size of order backlog, June 30, 2026

Order backlog allocated over time

Botanical Garden

Gothenburg

We received a number of major construction projects and contracts in the second quarter, including:

  • Renovation of a school in Kauniainen. The customer is the City of Kauniainen. The contract is worth EUR 18 million.
  • Continue to maintain the roads in the operational area Västerås for the next four years. The customer is the Swedish Transport Administration. The contract is worth SEK 152 million.
  • Extensive renovation of four apartment buildings with 120 apartments in Linköping. The customer is Stångåstaden AB. The contract is worth SEK 118 million.
  • Construction of a new office building in Seinäjoki. The customer is OP Etelä-Pohjanmaa. The contract is worth EUR 10 million.
  • Construction of LF Bergslagen’s new office and customer center, Nya Njord, in central Västerås. The customer is LF Bergslagen. The contract is worth SEK 176 million.
  • Expansion of a prison in Haparanda. The customer is Specialfastigheter. The contract is worth SEK 263 million.
  • Rebuild and extend Trandared School in Borås. The customer is City of Borås. The contract is worth SEK 256 million.
  • Construction of a new sailing collision shield in the Göta River to protect the new peninsula at Masthugg Dock in central Gothenburg. The customer is the City of Gothenburg. The contract is worth SEK 125 million.
  • Rebuild and construct new facilities at the forensic psychiatry unit in Kristinehamn. The customer is Region Värmland. The contract is worth SEK 119 million.
  • Construction of three five-storey buildings in Tampere containing a total of 116 apartments. The customer is YH Kodit. The contract is worth EUR 16 million.
  • Construction of a new swimming pool facility in Växjö. The customer is Växjö Municipality. The contract is worth SEK 653 million.
  • Completely renovate and modernize Iisalmi’s heritage-listed multifunction center. The customer is Iisalmi City. The contract is worth EUR 11 million.
  • Construction of a new wastewater treatment plant in Vemdalen. The customer is Vatten och miljö resurs on behalf of Härjedalen Municipality. The contract is worth SEK 252 million.
  • Rebuild and extend the Helsingborg Public Library. The customer is Helsingborg City. The contract is worth SEK 291 million.
  • Carry out a complete renovation of Universum, a central meeting place at Campus Umeå for academia, students, business and society. The customer is Akademiska Hus. The contract is worth SEK 348 million.
  • Construction of a swimming pool facility in Helsingborg. The customer is the City of Helsingborg. The contract is worth SEK 825 million.
  • Construction of a new swimming pool in Gislaved. The customer is Gislaved Municipality. The contract is worth SEK 320 million.
  • Rebuild and enlarge Viskan Prison in Torpshammar. The customer is Intea Viskan AB. The contract is worth SEK 450 million.
  • Construction of the first construction stage of 78 homes in the project Einerhagen in Langnes in Tromsø. The customer is Einerhagen Eiendom AS. The contract is worth NOK 288 million.
  • Construction of data center FIN04A in Kouvola. The customer is atNorth. The contract is worth EUR 130 million.
  • Construction of new premises for laboratory medicine at the University Hospital of Umeå. The customer is Region Västerbotten. The contract is worth SEK 692 million.
  • Three more operation contracts for road maintenance from the Swedish Transport Administration through the exercise of two-year options. The contracts have a total value of SEK 230 million. 
  • Construction of a new preparation stage connected to the existing waterworks in Timrå. The customer is MittSverige Vatten & Avfall. The contract is worth SEK 121 million.

In the second quarter own housing developments of tenant-owner/condominium apartments were production-started or converted and therefore reported as orders, including: 

  • Brf Halvleken in Solna comprising 104 apartments. The property will be Swan ecolabeled and have solar panels on the roof. The project is expected to be completed in December 2030.
  • Lille Bytorget in Sarpsborg comprising 46 apartments. The property will be ecolabeled according to “Miljømerke A”, which entails meeting environmental and energy criteria. The project is expected to be completed in the spring of 2028.
  • The second stage of the project Viriktunet in Sandefjord comprising six terrace houses. The homes will be built with strict insulation and heat recovery requirements, which will make them highly energy efficient with low heating costs. The project is expected to be completed in the spring of 2027.

We received a number of paving contracts in the second quarter, including:

  • One-year contract at Ängelholm Airport worth SEK 20 million.
  • One-year federal contract in North Ostrobothnia worth EUR 13.5 million. 
  • One-year federal contract in North Ostrobothnia worth EUR 11.7 million. 
  • One-year federal contract in Satakunta worth EUR 9.2 million. 
  • One-year federal contract in Uusimaa worth EUR 8.8 million. 
  • One-year federal contract in the areas South Savo, Päijänne-Tavastland, Kymenlaakso and South Karelia worth EUR 8.6 million. 
  • One-year federal contract in North Karelia worth EUR 8.6 million. 
  • One-year federal contract in Ostrobothnia worth EUR 5.9 million. 
  • One-year federal contract in Kanta-Häme worth EUR 5.1 million. 
  • One-year federal contract in Pirkanmaa worth EUR 4.9 million. 
  • One-year federal contract in Satakunta worth EUR 3.5 million.
  • One-year federal contract in Vesterålen worth NOK 70 million.
  • One-year federal contract in Tromsø worth NOK 48 million.
  • One-year federal contract in Tromsø worth NOK 35 million.
  • Three-year municipal contract in Skive Municipality worth DKK 36 million.
  • One-year municipal contract in Vejle Municipality worth DKK 19 million.