NYAB (NYAB) ABGSC small & mid cap seminar presentation summary

Business profile and markets

• Nordic engineering and project solutions provider focused on infrastructure, energy and industry, with exposure to long-term investment programmes.

• Q2 2026 R12 revenue EUR 566.5m, up 25% YoY; operating profit EUR 33.7m, up 21% YoY.

Operating model and projects

• Civil Engineering acts as main contractor and project manager, using subcontractors for much of construction to support scalable delivery with limited fixed production assets.

• Selected projects include SSAB mini-mill infrastructure, Fornebu Metro Line, Svenska kraftnät main grid expansion, Uppsala tramway and Yggdrasil.

Order momentum

• Q2 Civil Engineering order backlog reached EUR 501.6m, up 18% YoY; R12 book-to-bill was 1.2x.

• Early-phase assignments represent EUR 600m of estimated execution potential, excluded from reported backlog; developments included an SSAB logistics facility assignment and Uppsala Tramway phase 2 with Azvi.