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 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.

In the area of infrastructure and heavy construction it builds roads, railroads, bridges, tunnels and ports.

Civil Engineering also provides operation and maintenance 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

October – December 2019

Net sales for the fourth quarter 2019 contracted with nine percent and amounted to SEK 3,792 million (4,189). The decrease in net sales is attributable to Operation and maintenance and Infrastructure.

Operating profit for the fourth quarter amounted to SEK 132 million (145) and the operating margin was 3.5 percent (3.5).

January- December 2019

Net sales contracted by three percent during 2019 and amounted to SEK 13,339 million (13,745). Even after adjustments for acquired units net sales decreased by three percent. Local market had slightly higher net sales, while Operation and maintenance and Infrastructure had a lower net sales. In 2018, more projects in Infrastructure were in full production.

Operating profit for the year contracted to SEK 368 million (415) and the operating margin was 2.8 percent (3.0). The level of profitability in Operations and maintenance was lower compared to previous years.

Orders received and order backlog

October – December 2019

Orders received during the fourth quarter 2019 amounted to SEK 3,679 million (2,751).

January- December 2019

Orders received during 2019 amounted to SEK 13,108 million (16,349). Orders received in the comparable year included the extension of the West Sweden railroad system Olskroken in Gothenburg for the Swedish Transport Administration worth SEK 2,900 million, which has a long production time.

Order backlog on December 31, 2019 amounted to SEK 13,446 million (13,620).