Peab’s half-year report January-June 2012
21 Aug, 2012 07:00 CET
Operative net sales amounted to SEK 21,495 million (19,890)
Operative operating profit amounted to SEK 217 million (520). Project write-downs of SEK 425 million charged the second quarter of 2012
Earnings per share before dilution amounted to SEK 0.36 (1.06)
Orders received during the first half year amounted to SEK 20,968 (21,333)
Order backlog in Construction and Civil Engineering amounted to SEK 31,145 million (31,515)
“During the first half year we have continued to see a great deal of activity in our markets with a good range of new projects. It is only in the residential segment as demand is weak, despite the need for housing is very high. Our strong market position, broad range of products and services and profound customer focus provides us with a stable platform for development and long-term profitability, even in a weaker market”, says Peab President and CEO Jan Johansson in a statement.
For further information, please contact:
Fredrik Wahrolén, Head of Communications +46 733 371007
Jesper Göransson, CFO Peab +46 733 371013
Peab AB discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act.
The information was submitted for publication at 7.00 a m on 21 August 2012.
Peab is the Nordic Community Builder with some 15,000 employees and more than SEK 40 billion in net sales. The Group’s subsidiaries have strategically located offices in Sweden, Norway and Finland. The share is listed on NASDAQ OMX Stockholm. The registered office of the Group is at Förslöv, Skåne in south of Sweden.