Regional provider for civil works in Germany, Austria, Norway and Sweden as well as building construction in German-speaking countries.

1,006(879)

Order book, CHF m

678(713)

Production output, CHF m

69%(57%)

Visibility*

2010(2096)

Headcount, FTE


* Visibility: Order backlog for the current
year/planned production output

Key projects

Residential complex, Darnautgasse, Vienna

In October 2016, following approximately 18 months of construction work, Implenia handed over the completed residential complex in Darnautgasse to the customer. The complex consists of 53 apartments, four subsidised shared flats for all ages and two shared flats for young people, plus a parent-child centre. As general contractor, Implenia built the sustainable development, which offers around 5,360m2 of living space, in line with Vienna’s eco-build criteria.

Hotel Stadt Lörrach, Lörrach

Implenia, as general contractor, is building a 20-storey hotel and boarding house, together with an underground car park and gardens, opposite Lörrach railway station in southwest Germany. The 62 metre high building, which will offer around 180 rooms, is being built using “climbing formwork”. The hotel, to be handed over to the client in May 2017, will be an impressive addition to Lörrach’s skyline.

NS14, Stockholm

In Stockholm, Implenia is building two parallel road bridges, each 500 metres long, together with the required ramps and access roads. Work began on this complex inner-city infrastructure project in 2013 and is due for completion in March 2017.

K11 Rådal - Nordås – Flyplassvegen, Bergen

In Norway, Implenia was asked to carry out one of the biggest projects commissioned by the Norwegian Public Roads Administration (Statens Vegvesen). Project K11, part of the E39 road link between Stavanger and Bergen, includes the construction of five tunnels totalling 6.7 kilometres in length and a 1.5 kilometre long water tunnel, as well as link roads, bridges and a landfill site that will have to take around 1.5 million m3 of excavated material over the course of the work. The project is worth NOK 1.5 billion and will take four years to complete.

Residential complex, Darnautgasse, Vienna

 

 

International

Differing regional performances

  • Business in Norway below expectations
  • Germany, Austria and Sweden produce solid results
  • Order backlog tops billion-franc mark for the first time

The International Segment, with its regional businesses in Germany, Austria, Norway and Sweden, generated EBIT of CHF 7.2 million in 2016. On a comparable basis, the prior year EBIT was CHF 12.1 million.*

Regional provider for civil works in Germany, Austria, Norway and Sweden as well as building construction in German-speaking countries.

1,006(879)

Order book, CHF m

678(713)

Production output, CHF m

69%(57%)

Visibility*

2010(2096)

Headcount, FTE


* Visibility: Order backlog for the current
year/planned production output

 

Management structure strengthened in Scandinavia

Norway’s performance had a negative impact on results. Following the increase in its personnel, the local organisation failed to reach the desired level of efficiency, while several projects did not perform satisfactorily. However, the potential of the Norwegian market remains strong. Implenia has refocused its marketing work in the country and reinforced the local operational management team. Stig Ingar Evje took over as CEO of Implenia Norway at the start of November 2016. Implenia is, therefore, confident about its future performance. The Swedish business has also been led by its own CEO – Fredrik Björckebaum – since October 2016. By strengthening management structures in Scandinavia, Implenia is taking better account of the local character of the business there.

Regional business in Germany and Austria is going as planned. The gravel works in Mali and the Ivory Coast once again performed well and have slightly increased their contribution to earnings.

Successful order acquisition

The International Segment was successful at winning new contracts in all its markets. The order backlog at the end of the 2016 passed the billion mark for the first time, hitting CHF 1,006 million (2015: CHF 879 million). This reflects the continuing strong dynamics in the individual markets, and Implenia expects a positive performance from the segment as a whole.

International Segment’s share of Group’s operational unit results

Regionally embedded provider in Western Europe
The International Segment includes Implenia’s activities in its home markets of Germany, Austria, Norway and Sweden, as well as its gravel plants in Mali and the Ivory Coast. Implenia Germany & Austria is the provider for regional customers in German-speaking countries outside Switzerland that need services for civil works, general civil engineering, maintenance and repair. Since the acquisition of Bilfinger Hochbau it is also responsible for building construction in the region. Implenia Norway and Implenia Sweden offer their customers comprehensive services for complex infrastructure projects, including conventional tunnelling. They also provide niche services for road and rail. The International Segment’s goal is to further expand its market position.

Key projects

Residential complex, Darnautgasse, Vienna

In October 2016, following approximately 18 months of construction work, Implenia handed over the completed residential complex in Darnautgasse to the customer. The complex consists of 53 apartments, four subsidised shared flats for all ages and two shared flats for young people, plus a parent-child centre. As general contractor, Implenia built the sustainable development, which offers around 5,360m2 of living space, in line with Vienna’s eco-build criteria.

Hotel Stadt Lörrach, Lörrach

Implenia, as general contractor, is building a 20-storey hotel and boarding house, together with an underground car park and gardens, opposite Lörrach railway station in southwest Germany. The 62 metre high building, which will offer around 180 rooms, is being built using “climbing formwork”. The hotel, to be handed over to the client in May 2017, will be an impressive addition to Lörrach’s skyline.

NS14, Stockholm

In Stockholm, Implenia is building two parallel road bridges, each 500 metres long, together with the required ramps and access roads. Work began on this complex inner-city infrastructure project in 2013 and is due for completion in March 2017.

K11 Rådal - Nordås – Flyplassvegen, Bergen

In Norway, Implenia was asked to carry out one of the biggest projects commissioned by the Norwegian Public Roads Administration (Statens Vegvesen). Project K11, part of the E39 road link between Stavanger and Bergen, includes the construction of five tunnels totalling 6.7 kilometres in length and a 1.5 kilometre long water tunnel, as well as link roads, bridges and a landfill site that will have to take around 1.5 million m3 of excavated material over the course of the work. The project is worth NOK 1.5 billion and will take four years to complete.

Residential complex, Darnautgasse, Vienna