Business area Civil Engineering

Business area Civil Engineering is a leading actor 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 seven geographic regions, one region for foundations, and one nationwide region in Sweden for operation and maintenance.

Local market in business area Civil Engineering works with landscaping, streets, pipelines, foundation work as well as construction of different kinds of facilities and water and pipeline systems. Infrastructure and heavy construction builds roads, railroads, bridges, tunnels and ports. Operation and maintenance handles national and municipal highways and street networks, tends parks and outdoor property as well as operates water and wastewater networks.

Net sales and profit

Activity in business area Civil Engineering continued to be high during the third quarter and net sales increased by nine percent to SEK 3,810 million (3,491). Operating profit amounted to SEK 117 million (110) and the operating margin was 3.1 percent (3.2).

January – September 2024

Activity was high in business area Civil Engineering during January-September 2024. Public investments in the form of investments in infrastructure and wastewater facilities, as well as the ongoing climate transition, have had a positive impact. Net sales increased by nine percent to SEK 11,646 million (10,710). Even adjusted for divested operations and exchange rate effects, net sales increased by nine percent.

Operating profit grew to SEK 359 million (321) and the operating margin improved to 3.1 percent (3.0). The operating margin for the latest 12 month period was 3.3 percent which was unchanged compared to the full year 2023.

Orders received and order backlog

The level of orders received during the third quarter amounted to SEK 3,051 million (3,483).

January – September 2024

The level of orders received during January-September 2024 was high and amounted to SEK 19,224 million (11,816). The period included Västlänken’s Haga-Rosenlund stage in Gothenburg worth around SEK 1.5 billion, a new dock in Skellefteå worth about SEK 1.1 billion, operation and maintenance contracts for about SEK 1.1 billion and New Bodø Airport worth NOK 3.3 billion.

The high order level means that we have extended the duration of the order backlog. Order backlog on September 30, 2024 was SEK 21,596 million (15,118). Roads and other infrastructure make up the largest portion of the order backlog at 45 percent (31).