Business area Civil Engineering

Business area Civil Engineering is a leading player in Sweden and one of the larger players in Norway. Civil Engineering works with landscaping and pipelines, builds and maintains roads, railroads, bridges and other infrastructure as well as does foundation work. Operations are organized in geographic regions and the specialized product areas Local market, Infrastructure and heavy construction and Operation and maintenance.

Local market works with landscaping and pipelines, does foundation work and builds different kinds of facilities as well as offers services in power and electricity distribution. Infrastructure and heavy construction builds roads, railroads, bridges, tunnels and ports. Operation and maintenance maintains federal and municipal road and street networks, tends parks and outdoor property as well as maintains water and wastewater networks.

Net sales and profit

July – September 2023

Net sales for the third quarter 2023 decreased by three percent and amounted to SEK 3,491 million (3,584). The reduction is related to lower activity within Infrastructure. Operating profit was SEK 110 million (118) and the operating margin was 3.2 percent (3.3).

January – September 2023

Net sales were slightly higher compared to the corresponding period last year and amounted to SEK 10,710 million (10,560). Adjusted for acquired operations and exchange rate effects net sales decreased by one percent.

Operating profit amounted to SEK 321 million (319) and the operating margin was 3.0 percent (3.0). The operating margin for the latest 12 month period was 3.3 percent which was unchanged compared to full year of 2022.

Orders received and order backlog

July – September 2023

The level of orders received during the quarter increased by 33 percent and amounted to SEK 3,483 million (2,618).

January – September 2023

Orders received during the period amounted to SEK 11,816 million compared to SEK 11,973 for the same period last year. Order backlog on September 30, 2023 amounted to SEK 15,118 million (15,485). Roads and other infrastructure make up 31 percent (40) and Streets and groundwork make up 30 percent (21) of order backlog.