Generalist for construction in Switzerland – from new buildings to modernisation to road construction and civil works.

2,637(2,648)

Order book, CHF m

2,412(2,464)

Production output, CHF m

59%(64%)

Visibility*

3,757(3,855)

Headcount, FTE


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

Key projects

GATE Oerlikon Consortium, Zurich

Implenia, as part of the GATE Oerlikon Consortium, has expanded Oerlikon railway station and increased its capacity. The job, commissioned by Swiss Federal Railways (SBB) and Zurich’s Civil Engineering Department, was completed at the end of 2016. This was a complex civil engineering project involving the construction of two new platforms, the extension of the existing underpasses and the creation of various other structures. The work was done in a tight town-centre location as trains continued to run by a team from Business Unit Construction German-speaking Switzerland. An excellent example of Implenia’s comprehensive civil engineering expertise.

Hotel Valsana, Arosa

In the Alpine resort of Arosa, Implenia’s Buildings Business Unit, as general contractor, is constructing the new Hotel Valsana for Tschuggen Hotel Group AG. The sustainable hotel complex consists of three buildings offering 40 rooms, 9 apartments with hotel service and a wellness area, plus 11 owner-occupied apartments, shops and an underground car park. This new flagship Swiss hotel will be handed over to the client in November 2017.

RC 719, Huémoz – Ollon – Les Tannes

In Canton Vaud, Implenia is improving the main RC 719 road between Huémoz and Les Tannes to make it safer for road users and to cope with the increased volume of traffic. The section is in an exposed location vulnerable to landslides. Implenia has been carrying out extensive resurfacing work for the cantonal authorities since 2014, as well as building retaining walls and widening the road.

Modernising Parkstrasse 11, Bern

Fundamental Real Estate AG tasked Implenia with the complete refurbishment and extension of its property at number 11 Parkstrasse in Switzerland’s capital. Refurbishment of the 38 apartments and the addition of a fifth storey with two apartments have given the building, which dates from 1973, an attractive contemporary facelift. Implenia’s Modernisation specialists handled the project under a total contractor mandate.

RC 719, Huémoz – Ollon – Les Tannes.

 

 

 

 

Switzerland

Strong performance in Swiss home market 

  • Successful year crowned by much greater profit quality
  • Buildings achieves the predicted turnaround
  • Swiss regional business is the Group’s engine room

The Switzerland Segment, with its Modernisation and Buildings units and its regional business in the German- and French-speaking parts of the country, put in an excellent performance during the year under review. Revenue remained stable, but EBIT rose by 45% to CHF 56.3 million (2015: CHF 38.8 million). This marked a great improvement in the segment’s profit quality compared with the previous year.

Generalist for construction in Switzerland – from new buildings to modernisation to road construction and civil works.

2,637(2,648)

Order book, CHF m

2,412(2,464)

Production output, CHF m

59%(64%)

Visibility*

3,757(3,855)

Headcount, FTE


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

 

Implenia Buildings back on course

The increase in EBIT of around CHF 18 million was driven mainly by the Buildings business. Measures initiated to improve operational performance had the desired effect and paved the way for the Business Unit’s successful turnaround. Regional business in Switzerland continued the strong performance seen in 2015. Capacity utilisation remained particularly high in the French-speaking part of Switzerland despite the lack of major projects on the market. Future business will be boosted by the renewal programme for main roads and the rail network. Regional business in German-speaking Switzerland failed to meet expectations, though the region’s potential is very apparent. The gravel and surfacing plants performed very well.

Modernisation launched in Western Switzerland

Further progress was made on the strategic expansion of the modernisation business during the period under review, and the roll-out of the business model into Western Switzerland began. Implenia is building a new production facility for wooden construction in Rümlang near Zurich, which is due to open in spring 2017.

Order book remains full

Order volumes were maintained around the previous year’s high level at CHF 2,637 million (2015: CHF 2,648 million). This full order book creates a solid foundation for good capacity utilisation in 2017.

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



Generalist builder in Switzerland
The Switzerland Segment includes Implenia’s services for modernising residential and commercial properties, general and total contracting, building construction, road building and civil works. The segment also includes the surfacing and gravel works in Switzerland and wooden construction. Modernisation brings together the segment’s capabilities in conversion and renovation, from consultancy to implementation. As a general and total contractor, Implenia offers comprehensive services from a single source.

Key projects

GATE Oerlikon Consortium, Zurich

Implenia, as part of the GATE Oerlikon Consortium, has expanded Oerlikon railway station and increased its capacity. The job, commissioned by Swiss Federal Railways (SBB) and Zurich’s Civil Engineering Department, was completed at the end of 2016. This was a complex civil engineering project involving the construction of two new platforms, the extension of the existing underpasses and the creation of various other structures. The work was done in a tight town-centre location as trains continued to run by a team from Business Unit Construction German-speaking Switzerland. An excellent example of Implenia’s comprehensive civil engineering expertise.

Hotel Valsana, Arosa

In the Alpine resort of Arosa, Implenia’s Buildings Business Unit, as general contractor, is constructing the new Hotel Valsana for Tschuggen Hotel Group AG. The sustainable hotel complex consists of three buildings offering 40 rooms, 9 apartments with hotel service and a wellness area, plus 11 owner-occupied apartments, shops and an underground car park. This new flagship Swiss hotel will be handed over to the client in November 2017.

RC 719, Huémoz – Ollon – Les Tannes

In Canton Vaud, Implenia is improving the main RC 719 road between Huémoz and Les Tannes to make it safer for road users and to cope with the increased volume of traffic. The section is in an exposed location vulnerable to landslides. Implenia has been carrying out extensive resurfacing work for the cantonal authorities since 2014, as well as building retaining walls and widening the road.

Modernising Parkstrasse 11, Bern

Fundamental Real Estate AG tasked Implenia with the complete refurbishment and extension of its property at number 11 Parkstrasse in Switzerland’s capital. Refurbishment of the 38 apartments and the addition of a fifth storey with two apartments have given the building, which dates from 1973, an attractive contemporary facelift. Implenia’s Modernisation specialists handled the project under a total contractor mandate.

RC 719, Huémoz – Ollon – Les Tannes.