Order situation

October – December 2022

Orders received in the fourth quarter 2022 contracted and amounted to SEK 10,455 million compared to SEK 14,443 million for the same quarter last year. Included in orders received is a large portion of other building construction for the public sector while last year housing projects made up a large part.

Orders received contracted in business area Construction during the quarter while they were relatively unchanged in business area Civil Engineering. Orders received in business area Industry increased compared to the fourth quarter 2021. Orders received contracted in business area Project Development as a result of fewer production starts of our own housing developments.

January – December 2022

Orders received in 2022 amounted to SEK 53,259 million compared to SEK 55,848 million last year.

Orders received contracted in business area Construction during the year but were relatively unchanged in business area Civil Engineering compared to 2021. Orders received in business area Industry increased but declined in business area Project Development as a result of fewer production starts of our own housing developments due to a drop in demand in the housing market during the year.

Order backlog yet to be produced at the end of the year amounted to SEK 44,389 million compared to SEK 45,318 million at the end of last year. Of the total order backlog, 35 percent (34) is expected to be produced after 2023 (2022). Swedish operations accounted for 78 percent (75) of the order backlog.

Orders received

MSEK Oct-Dec
2022		 Oct-Dec
2021		 Jan-Dec
2022		 Jan-Dec
2021
Mkr Okt-dec
2022		 Okt-dec
2021		 Jan-dec
2022		 Jan-dec
2021
Construction Bygg 6,321 9,561 27,732 30,903
Civil Engineering Anläggning 2,904 3,016 14,877 14,819
Industry Industri 3,127 2,255 12,788 10,568
Project Development Projektutveckling 453 3,085 6,019 9,981
Eliminations Elimineringar -2,350 -3,474 -8,157 -10,423
Group Koncernen 10,455 14,443 53,259 55,848

Order backlog

MSEK Dec 31
2022		 Dec 31
2021
Mkr 31 dec
2022		 31 dec
2021
Construction Bygg 29,604 30,142
Civil Engineering Anläggning 13,939 13,955
Industry Industri 4,273 3,886
Project Development Projektutveckling 5,447 6,555
Eliminations Elimineringar -8,334 -9,220
Group Koncernen 44,389 45,318

Project size of order backlog, December 31, 2022

Order backlog allocated over time

UNN Harstad

Harstad, Norway

We received a number of major construction projects and contracts in the fourth quarter, including:

  • Construction of 84 homes in central Kungsbacka. The customer is Aranäs fastigheter. The contract is worth SEK 182 million.
  • Construction of a new combustion plant in Norwegian Finnsnes. The customer is Senja Avfall. The contract is worth NOK 118 million.
  • Rebuilding of Högland Hospital in Eksjö. The customer is regional properties, Region Jönköping County. The contract is worth SEK 300 million.
  • Construction of a parking garage in Jyväskylä. The customer is Jyväs-Parkki Oy. The contract is worth EUR 19 million.
  • Construction of a new school in Ålesund. The customer is Ålesund Municipality. The contract is worth NOK 177 million.
  • Rebuilding of Kungsgatan in Stockholm. The customer is the city of Stockholm. The contract is worth SEK 136 million.
  • Construction of a new school in Ørsta. The customer is Ørsta Municipality. The contract is worth NOK 117 million.
  • Construction of an ice skating rink in Landskrona. The customer is Landskrona City. The contract is worth SEK 161 million.
  • Rebuilding of Spiralen Köpcentrum in Norrköping. The customer is Fastighets AB L E Lundberg. The contract is worth SEK 109 million.
  • Construction of new ice skating rink in Alingsås. The customer is Alingsåshem. The contract is worth SEK 218 million.
  • Construction of offices and examination halls at Umeå University. The customer is Akademiska Hus. The contract is worth SEK 280 million.  
  • Rebuilding of Highway 27 between Backaryd and Hallabro. The customer is the Swedish Transport Administration. The contract is worth SEK 354 million.
  • Construction of 397 apartments in the project Ekebäckshöjd in Högsbohöjd. The customer is Stena Fastigheter Göteborg AB. The contract is worth SEK 565 million.

A number of our own housing development projects were production-started in the fourth quarter, including:

  • Brf Havsbrisen in Helsingborg comprising 57 apartments. The property is highly focused on sustainability including eco-labeled electricity, solar panels and sedum roofs. It will be built with ECO-Betong (ECO-Concrete) and certified according to the Swan environmental certification. In addition, the apartments will have a sorting waste water system which reduces both water consumption and greenhouse gas emissions. The project is expected to be completed in the fourth quarter 2024.
  • Borgundfjorden Panorama in Ålesund comprising 57 apartments. The property will have a well-thought out management and maintenance program and will be highly energy efficient. The project is expected to be completed in March 2025.
  • Kjellemo BRL in Skien comprising 16 apartments. Peab has already built 126 apartments in the area. The apartment buildings are constructed of wood with Norwegian material and built by Peab’s local employees. The project is expected to be completed in the first quarter 2024. 

We received a number of municipal and regional paving contracts in the fourth quarter, including:

  • One-year municipal contract in Linköping worth SEK 42 million. 
  • One-year municipal contract in Eskilstuna worth SEK 17 million. 
  • Two-year municipal contract in Marks Municipality worth SEK 10 million. 
  • Three-year regional contract in Örebro, Laxå, Ramsberg and Hallsberg worth SEK 36 million. 
  • Three-year regional contract in Katrineholm, Flen, Gnesta and Eskilstuna worth SEK 31 million. 
  • Two-year municipal contract in Kuopio worth EUR 6.4 million. 
  • One-year municipal contract in Helsinki worth EUR 1.7 million.