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
July – September 2020
Net sales for the third quarter 2020 decreased by seven percent and amounted to SEK 3,041 million (3,257). Net sales increased in Infrastructure while net sales in Local market was lower.
Operating profit for the third quarter 2020 increased to SEK 92 million (76) and the operating margin improved to 3.0 percent (2.3).
January- September 2020
Net sales during the period January-September 2020 decreased by three percent and amounted to SEK 9,243 million (9,547). Even after adjustments for acquired units net sales decreased by three percent. Net sales increased in Infrastructure during the period while net sales in Local market as well as Operations and maintenance were lower.
Operating profit for the period amounted to SEK 260 million (235) and the operating margin improved to 2.8 percent (2.5). The operating margin for the latest rolling 12 month period was 3.0 percent compared to 2.8 percent for the entire year of 2019.
Orders received and order backlog
July – September 2020
Orders received during the third quarter 2020 amounted to SEK 3,100 million (2,862).
January- September 2020
Orders received during the period increased to SEK 10,028 million (9,429).
Order backlog on September 30, 2020 amounted to SEK 14,082 million (13,623).
Net sales
Project allocation of order backlog, September 30, 2020
Key ratios
| Jul-Sep 2020 | Jul-Sep 2019 | Jan-Sep 2020 | Jan-Sep 2019 | Oct-Sep 2019/2020 | Jan-Dec 2019 | ||
| Jul-sep 2020 | Jul-sep 2019 | Jan-sep 2020 | Jan-sep 2019 | Okt-sep 2019/2020 | Jan-dec 2019 | ||
| Net sales, MSEK | Nettoomsättning, Mkr | 3,041 | 3,257 | 9,243 | 9,547 | 13,035 | 13,339 |
| Operating profit, MSEK | Rörelseresultat, Mkr | 92 | 76 | 260 | 235 | 392 | 367 |
| Operating margin, % | Rörelsemarginal, % | 3.0 | 2.3 | 2.8 | 2.5 | 3.0 | 2.8 |
| Orders received, MSEK | Orderingång, Mkr | 3,100 | 2,862 | 10,028 | 9,429 | 13,707 | 13,108 |
| Order backlog, MSEK | Orderstock, Mkr | 14,082 | 13,623 | 14,082 | 13,623 | 14,082 | 13,446 |
| Number of employees at the end of the period | Antal anställda vid periodens utgång | 3,703 | 3,660 | 3,703 | 3,660 | 3,703 | 3,511 |