Order situation
July – September 2026
The level of orders received were lower during the third quarter and amounted to SEK 9,405 million (10,223). The level of orders received increased in business area Construction during the quarter but fell in business area Civil Engineering. Orders received in business area Industry were more or less on par with the corresponding quarter last year. 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 – September 2026
The level of orders received increased by eight percent during the period and amounted to SEK 43,306 million (39,980). The level of orders received increased in business area Construction during the period while it fell in business area Civil Engineering. The level of orders received contracted in business area Industry and the decline is related to Swerock/Asphalt and the Finnish and Norwegian paving operations. The level of orders received in business area Project Development were slightly higher compared to 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 is at a high level and amounted to SEK 52,439 million (48,279), despite a volume reduction of approximately SEK 900 million that arose from the sale of the subsidiary K Nordang.
Of the total order backlog, 77 percent (77) is expected to be produced after 2026 (2025). Swedish operations accounted for 83 percent (82) 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 period we have received new preliminary contracts in both business areas Construction and Civil Engineering while some projects have dissolved. The value of the construction contracts generated from these preliminary contracts at the end of September was around SEK 20 billion, and these orders will potentially be received over the next two years.
Orders received
| MSEK | Jul-Sep 2026 | Jul-Sep 2025 | Jan-Sep 2026 | Jan-Sep 2025 | Oct-Sep 2025/2026 | Jan-Dec 2025 | |
| Mkr | Jul-sep 2026 | Jul-sep 2025 | Jan-sep 2026 | Jan-sep 2025 | Okt-sep 2025/2026 | Jan-dec 2025 | |
| Construction | Bygg | 4,630 | 3,994 | 23,460 | 19,380 | 29,378 | 25,298 |
| Civil Engineering | Anläggning | 2,694 | 4,384 | 12,551 | 13,337 | 19,233 | 20,019 |
| Industry | Industri | 2,460 | 2,440 | 9,482 | 9,905 | 12,823 | 13,246 |
| Project Development | Projektutveckling | 670 | 339 | 2,147 | 1,937 | 3,075 | 2,865 |
| Eliminations | Elimineringar | -1,049 | -934 | -4,334 | -4,579 | -6,256 | -6,501 |
| Group | Koncernen | 9,405 | 10,223 | 43,306 | 39,980 | 58,253 | 54,927 |
Order backlog
| MSEK | Sep 30 2026 | Sep 30 2025 | Dec 31 2025 | |
| Mkr | 30 sep 2026 | 30 sep 2025 | 31 dec 2025 | |
| Construction | Bygg | 30,492 | 26,211 | 25,134 |
| Civil Engineering | Anläggning | 20,996 | 20,855 | 22,201 |
| Industry | Industri | 5,107 | 4,907 | 5,390 |
| Project Development | Projektutveckling | 2,221 | 1,631 | 1,702 |
| Eliminations | Elimineringar | -6,377 | -5,325 | -5,883 |
| Group | Koncernen | 52,439 | 48,279 | 48,544 |
Project size of order backlog, September 30, 2026
Order backlog allocated over time
School
Alta, Norway
We received a number of major construction projects and contracts in the third quarter, including:
- Construction of the new Gryllefjord School in Senja. The customer is Senja Municipality. The order is worth NOK 132 million.
- Implementation of the comprehensive renovation of the protected F and T buildings at Vanha Vaasa Hospital in Vaasa. The customer is Senate Properties. The contract is worth EUR 14 million.
- Construction of a new school for grades 7-9 in Bollebygd. The customer is Bollebygd Municipality. The contract is worth SEK 127 million.
- Construction of a new central kitchen at Stjerne School in Torsby. The customer is Torsby Municipality. The contract is worth SEK 111 million.
- Renovation of the town hall in Botkyrka. The customer is Botkyrka Municipality. The contract is worth SEK 440 million.
- Award of an eight-year framework contract for construction work in water and sewage in Örnsköldsvik Municipality. The customer is Miljö och Vatten i Örnsköldsvik AB (Miva). The contract is worth SEK 100 million.
- Construction of housing and retail space in the new city district Hagaliden in Umeå. The customers are Bonava Hagamarket AB and Bonava Sverige AB. The contract amount is SEK 121 million.
- Renovation and extension of production and office space in Landskrona. The customer is Hitachi Energy Sweden AB. The contract is worth SEK 349 million.
- Construction of 40 new homes in Visby. The customer is Gotlandshem. The contract is worth SEK 114 million.
In the third quarter own housing developments of tenant-owner/condominium apartments were production-started or converted and therefore reported as orders, including:
- Brf Ranagårds Allé in Halmstad comprising 32 apartments. The property will be Swan ecolabeled and is designed to make it easy to live sustainably, for example through individual water and electricity metering (IMD), a number of waste fractions and the possibility to grow things in the yard. The project is expected to be completed in November 2027.
- Brf Segelhusen stage 1 in Nacka comprising 73 apartments. The property will be Swan ecolabeled and include solar panels on the roof. The project was converted from homes on Peab’s own balance sheet to tenant-owner apartments and is expected to be completed in the spring of 2029.
- Brf Läroverken in Karlskoga comprising 37 apartments. The property will be Swan ecolabeled and is centrally located with good mass communication. The project was converted from homes on Peab’s own balance sheet to tenant-owner apartments and is expected to be completed in February 2027.
Paving contracts in the third quarter:
No major long-term paving contracts were received during the third quarter.