Business area Civil Engineering
Business area Civil Engineering is a leading supplier in Sweden 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. Civil Engineering operations are organized in geographic regions and the specialized product areas: Local market, Infrastructure and Operation and maintenance.
Business area Civil Engineering is active on the local civil engineering market working with landscaping and pipelines, foundation work and builds different kinds of facilities.
Infrastructure and heavy construction builds roads, railroads, bridges, tunnels and ports.
Operation and maintenance provides just that for national and municipal highway and street networks as well as care of parks and outdoor property. It also operates sewage and water supply networks.
Net sales and profit
October – December 2018
Net sales for the fourth quarter 2018 amounted to SEK 4,189 million (3,787) which was an increase of eleven percent. The increase stems from Infrastructure and Operations and maintenance.
Operating profit for the fourth quarter 2018 amounted to SEK 145 million (136) and the operating margin was 3.5 percent (3.6).
January- December 2018
Net sales for 2018 amounted to SEK 13,745 million (11,825) which was an increase of 16 percent. After adjustments for acquired units net sales increased by 15 percent. The increase during the year stems from all product areas and there is a greater portion of Infrastructure in net sales.
Operating profit for 2018 amounted to SEK 415 million (374) and the operating margin was 3.0 percent (3.2).
Orders received and order backlog
October – December 2018
Orders received during the fourth quarter 2018 amounted to SEK 2,751 million (3,393).
January – December 2018
Orders received during 2018 amounted to SEK 16,349 million (14,191). Orders received included a SEK 2,900 million extension of the West Sweden railroad system, Olskroken, in Gothenburg for the Swedish Transport Administration.
Order backlog on 31 December 2018 increased to SEK 13,620 million (10,832).
Net sales
Project allocation of order backlog, 31 Dec 2018
Key ratios
| Oct-Dec 2018 | Oct-Dec 2017 | Jan-Dec 2018 | Jan-Dec 2017 | ||
| Okt-dec 2018 | Okt-dec 2017 | Jan-dec 2018 | Jan-dec 2017 | ||
| Net sales, MSEK | Nettoomsättning, Mkr | 4,189 | 3,787 | 13,745 | 11,825 |
| Operating profit, MSEK | Rörelseresultat, Mkr | 145 | 136 | 415 | 374 |
| Operating margin, % | Rörelsemarginal, % | 3.5 | 3.6 | 3.0 | 3.2 |
| Orders received, MSEK | Orderingång, Mkr | 2,751 | 3,393 | 16,349 | 14,191 |
| Order backlog, MSEK | Orderstock, Mkr | 13,620 | 10,832 | 13,620 | 10,832 |
| Number of employees at the end of the year | Antal anställda vid årets utgång | 3,580 | 3,344 | 3,580 | 3,344 |