Order situation
July – September 2019
Orders received in the third quarter 2019 amounted to SEK 9,349 million compared to SEK 11,473 million for the same quarter last year. The level of orders received in business areas Construction, Civil Engineering and Industry contracted during the third quarter. The level of orders received in business area Project Development increased as a result of more production-started homes.
January – September 2019
Orders received for the period January-September 2019 amounted to SEK 32,034 million compared to SEK 40,636 million for the same period last year. The level of orders received in business areas Construction and Civil Engineering contracted. Orders received in the comparable period included the office project Platinan in Gothenburg for Vasakronan worth SEK 2,100 million in business area Construction and in business area Civil Engineering the extension of the West Sweden railroad system Olskroken in Gothenburg for the Swedish Transport Administration worth SEK 2,900 million, both with long production times. Considering the high level of orders at the end of 2018 that contained several major projects, orders received during the period have been more along the lines of mid-sized or smaller projects.
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 period are well spread geographically and there is good product diversity.
Order backlog yet to be produced at the end of the period was SEK 43,821 million compared to SEK 48,036 million at the end of the same period last year. Order backlog for the current and coming fiscal years is on the same level as in previous year at the corresponding point in time. Swedish operations accounted for 78 percent (87) of the order backlog.
Orders received
MSEK | Jul-Sep 2019 | Jul-Sep 2018 | Jan-Sep 2019 | Jan-Sep 2018 | Oct-Sep 2018/2019 | Jan-Dec 2018 | |
Mkr | Jul-sep 2019 | Jul-sep 2018 | Jan-sep 2019 | Jan-sep 2018 | Okt-sep 2018/2019 | Jan-dec 2018 | |
Construction | Bygg | 5,213 | 6,815 | 18,366 | 24,805 | 24,568 | 31,007 |
Civil Engineering | Anläggning | 2,862 | 3,546 | 9,429 | 13,598 | 12,180 | 16,349 |
Industry | Industri | 1,096 | 1,123 | 4,371 | 3,562 | 5,920 | 5,111 |
Project Development | Projektutveckling | 1,528 | 1,361 | 4,684 | 4,579 | 6,786 | 6,681 |
Eliminations | Elimineringar | -1,350 | -1,372 | -4,816 | -5,908 | -6,969 | -8,061 |
Group | Koncernen | 9,349 | 11,473 | 32,034 | 40,636 | 42,485 | 51,087 |
Order backlog
MSEK | 30 Sep 2019 | 30 Sep 2018 | 31 Dec 2018 | |
Mkr | 30 sep 2019 | 30 sep 2018 | 31 dec 2018 | |
Construction | Bygg | 27,403 | 31,723 | 29,776 |
Civil Engineering | Anläggning | 13,623 | 15,031 | 13,620 |
Industry | Industri | 2,305 | 2,266 | 2,246 |
Project Development | Projektutveckling | 5,764 | 7,039 | 7,134 |
Eliminations | Elimineringar | -5,274 | -8,023 | -6,957 |
Group | Koncernen | 43,821 | 48,036 | 45,819 |
We received several major contracts and agreements during the third quarter, including:
- Construction of an office building in Skellefteå. The customer is Skellefteå Industrihus AB and the contract is worth SEK 144 million.
- Construction of a commercial building in Pukinmäki in Helsinki. The contract is worth EUR 15 million.
- Commission to build a new modern Stor Bridge over Selånger River. The customer is Sundsvall Municipality and the contract is worth SEK 106 million.
- Commission to build apartments and commercial space at Aleksander Kielland Place in Oslo. The customer is Fredensborg Bolig AS and the contract is worth NOK 114 million.
- Commission to build the new Viksta School in Kil. The customer is Kil Municipality and the contract is worth SEK 154 million.