Assemblin Caverion Group is the leading northern European technical service and installation company. With a stable and sustainable foundation combined with clear priorities, the Group aims to continue to be the most attractive partner, employer, and investment in the industry.
Based on the different strengths embodied within Assemblin and Caverion, a shared strategic platform has been developed for Assemblin Caverion Group since the combination in April 2024. The basic principle has been to lay the foundation for effective, successful, and sustainable operations that capture the many opportunities available across the markets the Group operates in.
A stable foundation
At their core, the operations of Assemblin Caverion Group build on in-depth specialist expertise, as well as extensive experience of different types of buildings, infrastructure projects and industrial processes. Combined with a strong lifecycle perspective, digital maturity, and strategic expertise, this makes Assemblin Caverion Group an attractive and comprehensive technical service and installation partner. The Group’s growth strategy capitalises on a uniquely broad offering, enhanced through the strategic combination of Assemblin and Caverion, which is presented through various brands in different markets, subject to local delivery capacity.
Local, strong and sustainable operations
Assemblin Caverion Group operates locally, but all operations are anchored in a shared platform outlining basic requirements. The purpose is to harness the power inherent in decentralised operations, while controlling the Group’s risks and safeguarding certain minimum levels in key areas. The most basic tools in this work are a clear organisational and governance models, united by Group-wide values and governing documents, as well as common target areas, reporting procedures and follow-up.
The Group is committed to act responsibly based on a jointly developed sustainability framework focusing on key sustainability priorities, both in terms of mitigating risks and capturing opportunities. Sustainability is a key driver for industry growth, and supporting customers' green transition and increased need for energy efficiency is a priority.
Ambitions and objectives
Assemblin Caverion Group aims to be the most successful service and installation company in the industry. During 2024, clear internal objectives were developed for the combined Group and incorporated in a long-term strategy and a three-year business plan, which forms the basis for annual budgets and forecasts. The strategy and business plan were established both for the Group as a whole and for each division. Together with the annual budget, they clarify the direction both the short and long term. These steering documents are followed up in a structured way in different levels in the Group.
Key perforomance indicators, KPI's
| Area | KPI | 2024* | 2023* |
| Profitability | Adjusted EBITA margin, % | 6.7.% | 5.7.% |
| Cash conversion | Cash generation ratio, % | 121% | 99% |
| Share of services | Service share, % | 58% | 57% |
| Climate | Reduce CO2 emissions by 42% by 2030 from a 2023 base year |
Scope 1: Scope 2: Scope 3: |
Scope 1: Scope 2: Scope 3: |
* Aggregated information