Business area Civil Engineering

Business area Civil Engineering is a leading actor in Sweden and one of the larger players in Norway. Civil Engineering works with landscaping and pipelines, builds and maintains roads, railroads, bridges and other infrastructure as well as does foundation work. Operations are organized in seven geographic regions, one region for foundations, and one nationwide region in Sweden for operation and maintenance.

Local market in business area Civil Engineering works with landscaping, streets, pipelines, foundation work as well as construction of different kinds of facilities and water and pipeline systems. Infrastructure and heavy construction builds roads, railroads, bridges, tunnels and ports. Operation and maintenance handles national and municipal highways and street networks, tends parks and outdoor property as well as operates water and wastewater networks.

Net sales and profit

Activity in business area Civil Engineering continued to be high during the fourth quarter and net sales increased by ten percent to SEK 4,893 million (4,454). The increase is related to both Swedish and Norwegian operations. Operating profit amounted to SEK 140 million (180) and the operating margin was 2.9 percent (4.0).

January – December 2024

Activity was high during 2024 in business area Civil Engineering in both Sweden and Norway. Public investments in the form of infrastructure and water and wastewater facilities as well as the ongoing climate transition have had a positive impact. Net sales increased by nine percent to SEK 16,539 million (15,164). Adjusted for divested operations and exchange rate effects, net sales increased by ten percent.

Operating profit was SEK 499 million (501) and the operating margin was on a stable level at 3.0 percent (3.3).

Orders received and order backlog

The level of orders received during the fourth quarter amounted to SEK 3,229 million (3,274).

January – December 2024

The level of orders received during 2024 has been record high and amounted to SEK 22,453 million (15,090). The year included among others the Haga-Rosenlund stage of the West Link in Gothenburg worth around SEK 1.5 billion, a new dock in Skellefteå worth about SEK 1.1 billion, operation and maintenance contracts for about SEK 1.1 billion and New Bodø Airport worth NOK 3.3 billion.

The high order level means that we have extended the duration of the order backlog. Order backlog on December 31, 2024 was SEK 19,853 million (13,905). Roads and other infrastructure make up the largest portion of the order backlog at 38 percent (28).