Design Management
The Design Management division’s operations are conducted by the subsidiaries Symetri, Team D3, Tribia and Service Works Global (SWG). The division is a leading global provider of digital solutions and services for design, BIM and product data for architects and engineers in the construction and manufacturing industries. The division also has a strong digital offering for project collaboration and facility management in the Nordic countries and UK.
Net sales by revenue stream 2023
Results
Financial key ratios | 2023 | 2022 | 2021 | 2020 |
---|---|---|---|---|
Net sales, SEK m | 4,292 | 3,494 | 1,852 | 1,860 |
EBITA, SEK m | 334 | 398 | 204 | 190 |
EBITA margin, % | 7.8 | 11.4 | 11.0 | 10.2 |
Operating profit, SEK m | 226 | 315 | 146 | 133 |
Operating margin, % | 5.3 | 9.0 | 7.9 | 7.2 |
Average number of employees | 793 | 793 | 560 | 565 |
Offering
The division’s companies offer digital solutions that streamline and quality-assure customers’ various processes, from early design proposals to operation and maintenance of completed buildings or facilities.
Symetri’s offering is based on Autodesk products, backed by proprietary software and services for 3D design, BIM (building information modelling) and simulations of products, infrastructure, facilities and buildings. Symetri’s proprietary products are for product data management, and managing local standards and norms in digital design and other processes.
SWG is a product company that delivers digital solutions for managing and maintaining facilities, as well as workplace and Facility Management (FM) service solutions to several global markets.
Tribia is a product company that delivers cloud-native collaborative tools for construction and civil engineering projects for clients and construction companies on the Norwegian and Swedish markets.
Customer base
The division has a broad customer base in the construction, real estate, manufacturing and marine industries as well as the public sector. In 2023, the customer base included Alfa Laval, Blue Origin, Ericsson, Foster & Partners, Heathrow Airports, Skidmore, Statkraft, Tetra Pak, Vattenfall and AMF Pension.
Market position and competitors
Symetri already enjoyed strong positioning in the Nordics, UK and Ireland. After the June 2023 acquisition of Team D3, Symetri became one of Autodesk’s largest global partners. Symetri has over 1,000 employees, 25,000 customers and 400,000 daily users. Symetri’s competitors are mainly global software companies like Dassault Systèmes, Nemetscheck and Siemens, as well as other Autodesk partners like GRATIEC, Mensch und Maschine and Rand Worldwide. Its proprietary software and related services, combined with a skilled and experienced organisation with global reach, are key competitive advantages.
SWG has a leading market position in digital FM solutions for the Swedish and UK real estate sectors, and customers in Australia, Canada and the Middle East. SWG has especially strong positioning in FM solutions for Public-Private-Partnerships.
Tribia has strong positioning in Sweden and Norway on the market for digital project collaborative solutions for the AEC sector.
SWG and Tribia mainly encounter local competition, but competition is also sourced from multinational companies like IBM, Planon and Trimble.