Higher net sales with improved margin

July – September 2017

  •   Operative net sales SEK 11,564 million (11,221)
  •   Operative operating profit SEK 704 million (622)
  •   Operative operating margin 6.1 percent (5.5)
  •   Pre-tax profit SEK 697 million (627)
  •   Earnings per share SEK 1.96 (1.79)
  •   Orders received SEK 9,917 million (9,027)
  •   Cash flow before financing SEK 104 million (-289)

January – September 2017

  •   Operative net sales SEK 35,473 million (32,694)
  •   Operative operating profit SEK 1,651 million (1,434)
  •   Operative operating margin 4.7 percent (4.4)
  •   Pre-tax profit SEK 1,631 million (1,382)
  •   Earnings per share SEK 4.70 (3.95)
  •   Orders received SEK 33,187 million (31,078)
  •   Order backlog SEK 38,445 million (34,248)
  •   Cash flow before financing SEK 787 million (627)
  •   Net debt SEK 2,347 million (3,624)
  •   Equity/assets ratio 30.3 percent (28.2)

 

“Peab’s positive development has continued into the third quarter. Profit rose in all the business areas in the period and the improvement is particularly notable in Industry and Project Development. The outlook is positive for Peab with a solid order backlog, a good project mix, a well-dimensioned development rights portfolio, continued positive market prospects and a strong financial position. Thanks to our four cooperating business areas and skilled employees I feel confident about the company’s future,” says Peab’s CEO Jesper Göransson.

This information is information that Peab AB is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out below, at November 9, 2017, about 13.00 p.m. CET.

 
For further information, please contact:

Jesper Göransson, CEO +46 431 89338

Charlotte Hagö, CIO +46 725 334545

Peab is one of the leading Nordic construction and civil engineering companies with about 15,000 employees and net sales of SEK 49 billion. The Group has strategically located offices in Sweden, Norway and Finland. The Peab’s registered office is located in Förslöv on Cap Bjäre in south of Sweden. The Peab share is listed on Nasdaq Stockholm.

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Peab is one of the leading Nordic construction and civil engineering companies with about 15,000 employees and net sales of SEK 49 billion. The Group has strategically located offices in Sweden, Norway and Finland. The Peab's registered office is located in Förslöv on Cap Bjäre in south of Sweden. The Peab share is listed on Nasdaq Stockholm

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