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  • Liselotte Stray

    Head of Group Communications


    +46 76 852 38 11

    • Quotes

    A strong quarter
    Mattias Johansson, CEO and Group President Bravida
    Continued good performance
    CEO and Group President, Mattias Johansson
    Good growth and stable underlying operating margin
    Mattias Johansson, CEO and Group President, Bravida
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    Bravida installs when Skellefteå municipality builds new eco-friendly cultural center and hotel

    Bravida is commissioned by HENT to perform all installations when Skellefteå municipality builds a new cultural center and hotel. The installations have a total order value of approximately SEK 150 million.Skellefteå municipality is growing and is now investing in a new combined cultural center and hotel, a 20-storey wooden structure. Bravida has been commissioned to carry out all installations, in a collaborative project with the Norwegian construction company HENT. The order is worth approximately SEK 150 million. “The choice fell on Bravida, since we have good experiences from

    Interim report October–December 2018

    A strong finish to 2018· Net sales increased by 12% to SEK 5,521 million (4,927) · Organic growth was 4% (6) · The order backlog was SEK 11,992 million (10,271), an increase of 17% · EBITA increased by 12% to SEK 438 million (390) · The EBITA margin was 7.9% (7.9) · Profit after tax was SEK 375 million (320) · Cash flow from operating activities was SEK 807 million (650) · Net debt amounted to SEK -1,365 million (-1,862) · Four acquisitions were completed in the quarter, adding annual sales of approximately SEK 420 million · Basic earnings per share were SEK 1.85 (

    Bravida signs contract for the Stockholm Bypass Project

    The Swedish Transport Administration and Bravida have signed a contract regarding electricity, lighting and HVAC on the Stockholm Bypass Project (FSE902), awarded to Bravida on August 28th. The contract has an order value of SEK 1.6 billion.The Stockholm Bypass Project is one of Sweden’s largest infrastructure projects ever. It will connect the southern and northern parts of the Stockholm County, relieving the city’s arterial roads of traffic.Bravida has signed the contract for Project FSE902, which includes all installations within power supply and electrical systems, equipment for

    Lars Täuber appointed as new Head of Division Stockholm in Bravida

    Lars Täuber will take over the position as Head of Division Stockholm and take place in Bravida’s Group Management.Lars Täuber will replace Filip Bjurström, who becomes part of the Bravida Group’s Acquisition Team. Lars Täuber will take over as Head of Division on 7th of January 2019. “It feels really good to welcome Lars as Head of Division Stockholm. We place great value on both his leadership skills and his many years of service experience. Bravida aims to grow both organically and through acquisitions, and Lars’ experiences from the industry and the Stockholm market are important to

    Bravida assigned as end-to-end provider for major refurbishment of shopping centre in Uddevalla

    Bravida is assigned by Peab to perform all installations during the renovation of Torp shopping centre in Uddevalla. The assignment has an order value of approximately SEK 100 million.Torp shopping centre will undergo extensive refurbishment where existing spaces will be improved, and 30 new stores and restaurants will be added. Bravida’s assignment includes all installations within electricity, heating & plumbing, ventilation, and automation.   “As soon as we got the assignment from Thorn Property Group, we started connecting with strategic partners. We chose Bravida since we had

    Interim report July–September 2018

    A strong quarter· Net sales increased by 13% to SEK 4,437 million (3,926) · Organic growth was 6% (6) · The order backlog was 1% higher at SEK 10,746 million (10,635) · EBITA increased by 20% to SEK 267 million (223) · The EBITA margin was 6.0% (5.7) · Profit after tax was SEK 202 million (164) · Cash flow from operating activities was SEK -132 million (-144) · Net debt amounted to SEK -2,062 million (-2,515) · Two acquisitions were completed in the quarter, adding annual sales of approximately SEK 86 million · Basic earnings per share were SEK 1.00 (0.81) and

    Bravida strengthens offering in Blekinge – acquires process piping company

    Bravida acquires Karlshamns Rörmontage, bolstering its market position within heating and plumbing in Blekinge. The company has 12 employees and annual sales of approximately SEK 20 million.Karlshamns Rörmontage offers service and installations for heating and plumbing solutions, mainly to the petroleum and processing industry. The company is located in Karlshamn but operates all over Sweden for different clients.“The acquisition further strengthens our heating and plumbing offering in Blekinge. In addition, we will gain more specialist competences within the processing industry – a field

    Bravida strengthens offering in Skåne – acquires strong player within electrical

    Bravida is acquiring Lindsténs Elektriska AB, bolstering its market position within electrical in the south of Skåne in southern Sweden. The company has 137 employees and annual sales of approximately SEK 200 million.Lindsténs Elektiska offers service, installations and automation, mainly to construction companies, municipalities and industries. The company's establishments are located in Tomelilla, Ystad, Simrishamn, Lund and Landskrona, all in the Swedish region of Skåne.“The acquisition further strengthens our electrical offering in Lund and Landskrona. In addition, we will become the

    Bravida Danmark will carry out all installations in new airport hotel

    Bravida Danmark A/S has signed a contract with Nordic contractor HENT for the complete technical package at Comfort Copenhagen Airport Hotel - a new hotel which will be built at Copenhagen Airport.Bravida and HENT have entered into an overall installation contract covering electricity, water, heating, sanitation, ventilation, sprinklers, cooling, the building management system (BMS) and fire protection in Copenhagen Airport Hotel. The hotel will be 12 floors tall with an area of 39,000 m². In the course of the project, Bravida expects to employ around 30-50 people. – We’ve had a long

    Interim report April–June 2018

    CONTINUED GOOD PERFORMANCE· Net sales increased by 11% to SEK 4,790 million (4,325) · Organic growth was 4% (0) · The order backlog was 6% higher at SEK 11,139 million (10,493) · EBITA increased by 10% to SEK 280 million (255) · The EBITA margin was 5.9% (5.9) · Adjusted EBITA was SEK 280 million (263) · The adjusted EBITA margin was 5.9% (6.1) · Profit after tax was SEK 212 million (186) · Cash flow from operating activities was SEK 319 million (150) · Net debt amounted to SEK -1,896 million (-2,343) · Three acquisitions were completed in the quarter, adding

    Bravida performs installations in Växjö’s new station and city hall

    Bravida has signed an agreement with Skanska to carry out all installations in Växjö’s new combined station and city hall. The agreement has an order value of approximately SEK 107 million.The first step of what shall become the new station and city hall of Växjö, in southern Sweden, was taken in April 2018. The new building will be seven floors high and 16,400 square meters large. Skanska has given Bravida the assignment to carry out the design and projecting as well as the execution of all installations within electrical, heating and plumbing, ventilation, sprinklers and control in the

    Bravida expands in Danish Skanderborg

    Bravida Denmark has signed an agreement to acquire P. Hermansen A/S, a heating, ventilation and sanitation company active in Skanderborg, eastern Jutland. In the Skanderborg region, P. Hermansen is the leading company in its market, both within service and installation.The company performs installation projects as well as smaller service assignments for both companies and private customers. It has long relationships with a number of the region’s larger customers and the order backlog going forward is stable. The company employs 38 people. During the last year P. Hermansen had a turnover of

    Interim report January–March 2018

    • Net sales increased by 11% to SEK 4,557 million (4,115)• Organic growth was 1% (12)• The order backlog was 20% higher at SEK 10,825 million (9,000)• EBITA increased by 7% to SEK 226 million (211)• The EBITA margin was 5.0% (5.1)• Profit after tax was SEK 168 million (151)• Cash flow from operating activities was SEK 58 million (381)• Net debt amounted to SEK 1,841 million (2,058)• Three acquisitions were completed in the quarter, adding annual sales of approximately SEK 232 million• Basic earnings per share were SEK 0.83 (0.75) and diluted earnings per share were SEK 0.

    Bravida grows within cooling – acquires Inomhusklimat i Stockholm AB

    Bravida acquires Inomhusklimat i Stockholm AB and strengthen its position within cooling in the Stockholm area. The company has 12 employees and a turnover of approximately SEK 30 million.Inomhusklimat i Stockholm AB was founded in 1988 and operates in Stockholm with surroundings. The company offers services within service, maintenance and installation of all types of cooling systems for industries and other buildings. – Through the acquisition, Bravida strengthens its position within cooling technology in the expansive Stockholm area. Today, Bravida is one of the Swedish market leaders

    Bravida’s Annual Report 2017 is published

    Bravida Holding AB’s Annual Report 2017 has been published in Swedish and is available at the corporate website: http://www.bravida.se/finansiella-rapporter/– In 2017, Bravida delivered a strong organic growth and high profitability across its business. We also made several acquisitions, of which Norway-based Oras was the most important. Bravida begins 2018 with a growing market and high pace of activity in the organisation. Access to potential acquisitions at reasonable price levels remains good, says Mattias Johansson in his CEO-message in the Annual Report. Shareholders and other

    Bravida wins large contract at New Aalborg University Hospital

    Bravida has been assigned by Region Nordjylland to perform installations within HVAC when Aalborg in Denmark gets a new university hospital. The project has an order value of approximately SEK 140 million.The work on the new university hospital started already in 2013 and the groundwork started in 2015. The hospital will be 170,000 square meters and will accommodate beds for 581 patients. The project has now reached a new phase that covers buildings of approximately 100,000 square meters. Bravida will perform installations within HVAC in the new phase.– We have won a big and very

    Bravida joins the developing of the tallest building in the Nordics

    The building of Karlastaden and Karlatornet in Gothenburg has just started. The tower, Karlatornet, will be the tallest building in the Nordics. In cooperation with the Builder, Serneke, Bravida is responsible for the projecting, calculation and planning of all installations in the tower.This agreement covers Phase 2, the projecting phase of the tower, Karlatornet. The intention of this cooperation is that it will lead to Bravida getting the responsibility of implementing all the installations in the tower.   – The building of Karlatornet is a challenging and unique project which we look

    Bravida acquires the installations operations of Sensa A/S

    Bravida Denmark enters an agreement for cooperation with Sensa A/S and signs an agreement to acquire the installations operations from their business.Sensa A/S operates within different digital areas, they offer services within networks, data centers and security. Through the acquisition, Bravida will take over Sensa’s eight installation technicians and the cooperation agreement is introduced for the two companies to exchange services.   – I look forward to our new cooperation with Sensa and I am pleased that we develop our own offer by acquiring their installations operations. Our new

    Interim report July–September 2017

    July–September 2017  · Net sales increased by 19% to SEK 3,926 million (3,289) · Organic growth was 6% (-4) · The order backlog was 25% higher at SEK 10,635 million (8,475) · Operating profit increased by 17% to SEK 222 million (189) · The operating margin was 5.7% (5.8) · Adjusted operating profit was SEK 222 million (200)  · The adjusted operating margin was 5.7% (6.1) · Profit after tax was SEK 164 million (133) · Cash flow from operating activities was SEK -144 million (-57) · Net debt amounted to SEK 2,515 million (2,783) · One acquisition was made in

    Bravida performs energy efficient installations in Kiruna's new cultural center

    The move of Kiruna’s city center is progressing since two years. Now, Kiruna’s new cultural center is about to be built, which will be the start of the new city center’s second quarter. Bravida is commissioned by Peab to perform all installations in the new cultural center at an order value of approximately SEK 56 million.A second quarter in Kiruna's new city center is now being established. It will include a library, a cinema and restaurants as well as the new cultural center. Bravida has been appointed to perform the turnkey contract of the cultural center, which includes installations

    Bravida in a new multidisciplinary collaborative project

    Bravida performs installations within electrical, ventilation, heating and plumbing when Fridhemsgymnasiet in Umeå gets completely renovated. The project has an order value of approximately SEK 100 million.Fridhemsgymnasiet is facing a major modernisation. The new school will offer programs within elite athletics and vocational and university preparatory programs for about 1,600 students. Bravida is commissioned by Rekab to perform all installations within electrical, ventilation, heating and plumbing in the large school project. – We will have a close collaboration with Bravida

    Bravida takes on large coordination project when Region Kronoberg builds new psychiatry facilities

    Region Kronoberg will build new facilities for adult psychiatry in the Sankt Sigfrid area in Växjö. Bravida has been assigned by Dynacon Construction AB to coordinate and execute all installations to an order value of approximately SEK 110 million.The new premises of 16,000 square meters will contain elderly, psychosis, addictive and general psychiatry, as well as an psychiatric emergency room. That means high demands on the technical installations. Håkan Stjernqvist, CEO of Dynacon Construction AB: – This kind of medical activity put high demands on the technical solutions, where the

    BRA Bygg chooses Bravida as installations contractor for new exhibition area close to Gothenburg, Sweden

    Gothenburg’s conference and exhibition industry is growing. The contractor BRA Bygg is building an exhibition hall and hotel in Mölndal, close to Gothenburg, assigned by a project development company co-owned by Klövern and Åby Travsällskap. Bravida has been assigned to carry out multi-disciplinary installations to an order value of SEK 100 million.For a long time, Gothenburg has seen a great demand for both exhibition halls and hotel nights. To meet the need, Åbytravet (Åby Trotting Track) will expand by building a 10,000 square meter exhibition hall with an adjoining conference venue and

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