REVIEW

THE SECTOR
REVIEW
CONTENTS
The Sector Review has been published by the
Swedish Federation of Consulting Engineers
and Architects (STD-företagen) since 1995. It
is a compilation of the architectural, engineering
consultancy and industrial consultancy
sectors in Sweden, the Nordic countries and
Europe. The Review presents ranking lists of
the largest corporate groups on the respective
markets, interesting key business ratios,
news about structural transactions and information
on the development and economy
within the sector over the past year.
Since 2005, STD-företagen’s counterparts
in the neighbouring Nordic countries have
contributed to the Review. The organisations
that participate in this cooperation are FRI and
Danske Ark (Danish Architects) in Denmark,
RIF in Norway, SKOL and ATL (Architectural
association) in Finland and FRV and SAMARK
(Architectural association) in Iceland.
The figures in the Review are based on the
latest available data that we have been able to
find on the respective firms. For just over half
the firms the review is equivalent to a calendar
closing for 2015. The remaining firms have
split financial years. In most cases, we have
received their annual reports for 2015/16.
However, some annual accounts were not
ready when work on the collection of basic
data came to an end, for example for those
companies whose annual accounts close at
the end of August. In these cases, we have
retained the same figures as for 2014/15. For
the sake of simplicity, we refer to the compiled
figures that applied for 2015.
The corporate information in the Review
has been acquired via the databases Soliditet
(Sweden) and Factiva Dow Jones Companies
& Executives (Europe), from the Nordic
organisations, direct from companies or via
the companies’ home pages. The monitoring
covers some 1,500 companies in Sweden,
the Nordic Area and Europe. Collecting the
information is an extensive and time-consuming
task, and in some cases it is impossible to
obtain reliable information. The information on
the international companies is more difficult to
access. In Sweden, annual reports are public
documents. This is not the case in all countries,
and many firms are reluctant to disclose
their figures. In these cases, we use the most
recent material we can find. Consequently, all
companies that appear in – or should appear
in – the Review are requested to contact STDföretagen
and to submit their details in order
to make sure that the information published
on them is correct.
We would like to thank those companies
that have helped us by submitting their annual
reports or figures
We would especially like to thank Lena
Hagman (Almega), Klas Persson (Sigma),
Jannice Steijner Johansson (Tengbom),
Per-Arne Gustavsson (Projektengagemang),
Magnus Meyer (WSP) and Johan Dozzi
(Sweco) for their contributions to the report in
interviews and introduction.
Cover photo:
The new architectural school at the Royal Institute
of Technology in Stockholm, designed by Tham &
Videgård architects
Photo: Åke E:son Lindman
Swedish Federation of Consulting
Engineers and Architects
Graphics: Pär Ek Grafisk Form
Printing: Ineko Stockholm 2016
Translations: JNG Ainscough HB
Foreword by Magnus Höij,
Association’s Managing Director 4
Five current trends 4
Introduction, Lena Hagman,
Chief economist Almega 6
THE SWEDISH MARKET 8
Sector development 2015 and 2016 8
Development, by sectors 9
Interview, Jannice Steijner Johansson,
Tengbom 11
Interview, Magnus Meyer, WSP 12
A comparison with other
knowledge-intensive industries 14
Interview, Klas Persson,
Sigma Technology Development 15
Key figures for the largest
Swedish consulting firms 16
Interview, Johan Dozzi,
Sweco Civil Engineering 17
The 50 largest architectural groups 18
The 50 largest industrial consultancies 19
Swedish structural deals 19
Interview, Per-Arne Gustavsson,
Projektengagemang 20
The 30 largest groups in Sweden 23
Sweden’s 300 largest groups 24
THE NORDIC MARKET 30
Introduction 32
Nordic comparison of key figures 32
The 100 largest architectural
groups in the Nordic region 33
FRI – the Danish market 35
DA – the Danish market 38
Denmark’s 100 largest groups 42
RIF – the Norwegian market 44
Norway’s 100 largest groups 48
FRV/SAMARK – the Icelandic market 50
Iceland’s 20 largest groups 52
SKOL – the Finnish market 53
ATL – the Finnish market 55
Finland’s 100 largest groups 56
THE INTERNATIONAL MARKET 58
International development 60
Profit margin development,
Europe’s 200 largest groups 60
World’s 10 largest groups 60
Listed consultancies in the West
– a comparison 61
Europe’s 50 largest architectural groups 62
Europe’s 200 largest groups 63
SECTOR REVIEW • THE SWEDISH FEDERATION OF CONSULTING ENGINEERS AND ARCHITECTS • DECEMBER 2016
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