Order situation
October – December 2019
Orders received in the fourth quarter 2019 amounted to SEK 12,096 million compared to SEK 10,451 million for the same quarter last year. The level of orders received in business areas Construction, Civil Engineering and Industry increased during the fourth quarter. The level of orders received in business area Project Development contracted as a result of fewer production-started homes.
January – December 2019
Orders received for 2019 amounted to SEK 44,130 million compared to SEK 51,087 million for the last year. The level of orders received in business areas Construction, Civil Engineering and Project Development contracted. Orders received in the comparable year included the office project Platinan in Gothenburg for Vasakronan worth SEK 2,100 million in business area Construction and in business area Civil Engineering the extension of the West Sweden railroad system Olskroken in Gothenburg for the Swedish Transport Administration worth SEK 2,900 million, both with long production times.
Considering the high level of orders at the end of 2018 that contained several major projects, orders received during the year have been more along the lines of mid-sized or smaller projects. The level increased in business area Industry, primarily due to Asphalt. Orders received for the Group in the year are well spread geographically and there is good product diversity.
Order backlog yet to be produced at the end of the year was SEK 42,494 million compared to SEK 45,819 million at the end of the last year. Swedish operations accounted for 80 percent (84) of the order backlog.
Orders received
| MSEK | Oct-Dec 2019 | Oct-Dec 2018 | Jan-Dec 2019 | Jan-Dec 2018 | |
| Mkr | Okt-dec 2019 | Okt-dec 2018 | Jan-dec 2019 | Jan-dec 2018 | |
| Construction | Bygg | 7,789 | 6,202 | 26,155 | 31,007 |
| Civil Engineering | Anläggning | 3,679 | 2,751 | 13,108 | 16,349 |
| Industry | Industri | 1,803 | 1,549 | 6,174 | 5,111 |
| Project Development | Projektutveckling | 1,480 | 2,102 | 6,164 | 6,681 |
| Eliminations | Elimineringar | -2,655 | -2,153 | -7,471 | -8,061 |
| Group | Koncernen | 12,096 | 10,451 | 44,130 | 51,087 |
Order backlog
| MSEK | Dec 31 2019 | Dec 31 2018 | |
| Mkr | 31 dec 2019 | 31 dec 2018 | |
| Construction | Bygg | 26,928 | 29,776 |
| Civil Engineering | Anläggning | 13,446 | 13,620 |
| Industry | Industri | 2,548 | 2,246 |
| Project Development | Projektutveckling | 5,027 | 7,134 |
| Eliminations | Elimineringar | -5,455 | -6,957 |
| Group | Koncernen | 42,494 | 45,819 |
We received several major contracts and agreements during the fourth quarter, including:
- Construction of a school for Jyväskylän Tilapalvelu in Jyväskylä in Finland. The contract is worth EUR 16 million.
- Construction of a pool facility in Näsby in Kristianstad. The customer is Kristianstad Municipality and the contract is worth SEK 468 million.
- Construction of a new high school and middle school in Tuve on North Hisingen in Gothenburg. The customer is the Gothenburg City Premises Administration and the contract is worth SEK 273 million.
- SCA is investing in a new paper machine for its paper mill in Obbola in Umeå Municipality. Peab will build the extension of the plant. The contract is worth SEK 700 million.
- Construction of Halvors länk, a new 1.3 kilometer cross-connection between road 155 and Hisingsleden in Gothenburg. The customer is the Swedish Transport Administration and the contract is worth SEK 279 million.
- Commission to renovate and extend Eikeli High School in Bærum, Norway. The customer is AFK eiendom FKF and the contract is worth NOK 193 million.
- Construction of 286 apartments in Umeå. The customer is AB Bostaden and the contract is worth SEK 266 million.
- Construction of 256 small-sized apartments in central Malmö. The customer is Trianon and the contract is worth SEK 257 million.
- Construction of, in partnership with SCA, an extension of the Bollsta saw mill in Bollstabruk, Kramfors Municipality. The contract is worth SEK 276 million.
- Construction of Malmö’s new courthouse in Nyhamnen, Malmö. The customer is Castellum and the contract is worth SEK 921 million.
- Construction of two fire stations for property investment company Hemsö in Oulu, Finland. The contract is worth EUR 21 million.
- Construction of 47 apartments in Ålesund in northwest Norway. The customer is Fri Sikt Volsdalsberga AS and the contract is worth NOK 153 million.
- Construction of the Grand Quarter in Larvik in Vestfold, Norway. The customer is Grandkvartalet Eiendom AS and the contract is worth NOK 240 million.