Generalist for Swiss construction – from new buildings and modernisation, to road construction and civil works.

2,956 (2,637)

Order book, CHF m

2,356 (2,412)

Production output, CHF m

68% (59%)

Visibility 1

3,637 (3,757)

Workforce, FTE



1   Visibility: order backlog for current year/planned production output

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

48,9%

Order backlog

53,3%

Production output

42,3%

EBIT excl. PPA

45,2%

Workforce, FTE

Generalist builder in Switzerland
The Segment Switzerland covers Implenia’s Modernisation unit, the Implenia Buildings and Implenia Construction Switzerland Business Units (including the surfacing and gravel works in Switzerland) and Wooden Construction. Modernisation bundles together Implenia’s capabilities in conversion and renovation, from consultancy to implementation. Buildings offers supra-regional customers in Switzerland integrated services for complex buildings, ranging from planning and coordination to actual construction. Implenia Construction Switzerland brings together the Group’s capabilities in road construction and civil works, and is the face of Implenia for local customers in regional building construction.

Switzerland

  • Buildings continues positive earnings trend
  • Measures introduced to improve operational performance of regional business
  • Modernisation wins first contracts in western Switzerland
  • * Incl. adjustments of around CHF 20 million in the first
       half-year

The Segment Switzerland, which covers Business Unit Buildings, Business Unit Construction Switzerland and the Modernisation unit, recorded a very good performance. Operating income came to CHF 43.6 million (2016: CHF 56.3 million). Excluding the approximately CHF 20 million of adjustments to receivables necessitated by the ongoing Letzigrund Stadium case, as well as accelerated optimisation measures in Road Construction and Civil Works in German-speaking Switzerland in the first six months, EBIT would have stood at just under CHF 65 million.

Generalist for Swiss construction – from new buildings and modernisation, to road construction and civil works.

2,956 (2,637)

Order book, CHF m

2,356 (2,412)

Production output, CHF m

68% (59%)

Visibility 1

3,637 (3,757)

Workforce, FTE



1   Visibility: order backlog for current year/planned production output

 

Buildings performs well

Buildings continued the positive earnings trend it established in the first half-year. Rigorous discipline was maintained with regard to acquisitions despite an ongoing price war in the market, and processes were improved. Both helped the Business Unit achieve and even exceed its target EBIT margin of 2.5 percent for the first time across the year as a whole.

Structural challenges remain in Swiss regional business. Results were within the expected range. In February 2017, the Group acted to improve operational performance by merging the German-speaking and French-speaking road construction and civil works units, and putting them under a single management structure. In addition, the Business Unit was given new momentum at the start of 2018 by a major order to upgrade a section of the A1 motorway near Effretikon. Efforts to build up Modernisation business in western Switzerland were rewarded with initial orders.

Acting as total contractor, Implenia Buildings is executing a further stage of the “Pont-Rouge” redevelopment for SBB Immobilien in Geneva. This is one of the largest real estate projects in the region. In Zurich-Oerlikon, Implenia is building the “WolkenWerk” project as general contractor. The Group is bringing its integrated approach to the construction of the three high-rise residential towers and shared ground floor, providing foundation engineering, masonry and concreting services in addition to its general contracting mandate. More than 300 homes are being created. The contract is worth CHF 150 million.

At CHF 2,956 million, the order backlog is 12.1 percent higher than in the previous year (2016: CHF 2,637 million)

Andermatt – Nätschen – Gütsch cable car

Key projects

Andreasturm, Zurich Oerlikon

Implenia is building the 80-metre-high Andreasturm tower right next to Zurich’s Oerlikon station on behalf of Swiss Federal Railways (SBB). Amstein & Walthert AG is the client for the tenant fit-out (lot 2). The main challenges in this project include the use of “top-down” construction, where upper and lower storeys are built in parallel, as well as the difficult groundwater situation and the exposed location. This future landmark meets the “Platinum” standard of the respected DGNB sustainability label awarded by the Swiss Sustainable Building Council (SGNI). 

Espace Tourbillon, Geneva

Swiss Prime Site Immobilien AG is creating a new commercial and industrial park with integrated logistics at the Plan-les-Ouates industrial zone (ZIPLO) in Geneva. As total contractor, Implenia is building the five properties that make up the “Espace Tourbillon”. Overall, the project is creating approximately 95,000 m2 of floorspace. Implenia is supporting the execution phase through Building Information Modeling (BIM). It won the contract thanks to its successful “One Company” strategy.

Andermatt – Nätschen – Gütsch cable car

As part of the project to link the Andermatt and Sedrun ski areas, Implenia took on all the construction work for the new Andermatt – Nätschen – Gütsch cable car, which replaces the old two-seater chair lift. It built 18 pylon bases across the two legs of the route. The concrete, formwork and all the other necessary materials had to be flown into the construction site by helicopter. Topographic conditions made the formwork and concreting extremely challenging. The new cable car is ready for use this winter season.

Quai Zurich, Zurich

Zurich Insurance awarded Implenia the contract to redevelop its group headquarters in the centre of Zurich. On a plot of around 10,000 m2, Implenia is replacing one building with a new one, and modernising three listed buildings that date from the last century. The high-quality interior fit-outs at “Project QZ” make use of the latest technology and, in keeping with the overall approach to sustainability, meet “2000-Watt Society” criteria as well as the requirements of Leadership in Energy and Environmental Design (LEED Platinum). Thanks to its ability to combine expert knowledge from different parts of the Group, Implenia can offer all the skills required for this ambitious project.

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

48,9%

Order backlog

53,3%

Production output

42,3%

EBIT excl. PPA

45,2%

Workforce, FTE

Generalist builder in Switzerland
The Segment Switzerland covers Implenia’s Modernisation unit, the Implenia Buildings and Implenia Construction Switzerland Business Units (including the surfacing and gravel works in Switzerland) and Wooden Construction. Modernisation bundles together Implenia’s capabilities in conversion and renovation, from consultancy to implementation. Buildings offers supra-regional customers in Switzerland integrated services for complex buildings, ranging from planning and coordination to actual construction. Implenia Construction Switzerland brings together the Group’s capabilities in road construction and civil works, and is the face of Implenia for local customers in regional building construction.