Profitable growth and strong order situation

October – December 2017

  •  Operative net sales SEK 14,794 million (13,795)
  •  Operative operating profit SEK 774 million (641)
  •  Operative operating margin 5.2 percent (4.6)
  •  Pre-tax profit SEK 814 million (668)
  •  Earnings per share SEK 2.27 (1.90)
  •  Orders received SEK 12,060 million (10,367)
  •  Cash flow before financing SEK 1,508 million (2,024)

January – December 2017

  •  Operative net sales SEK 50,267 million (46,489)
  •  Operative operating profit SEK 2,425 million (2,075)
  •  Operative operating margin 4.8 percent (4.5)
  •  Pre-tax profit SEK 2,445 million (2,050)
  •  Earnings per share SEK 6.97 (5.85)
  •  Orders received SEK 45,247 million (41,445)
  •  Order backlog SEK 38,491 million (33,572)
  •  Cash flow before financing SEK 2,295 million (2,651)
  •  Net debt SEK 1,216 million (1,862)
  •  Equity/assets ratio 32.1 percent (29.7)
  •  The Board proposes a dividend of SEK 4.00 (3.60) per share

“Our operations have shown definite improvements in 2017. The contract business in Construction and Civil Engineering is generating stable results and Industry and Project Development report significant margin improvements. The stable market prospects, despite a cautious housing market, together with a record high order backlog, and a strong financial position create a good platform for the 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 February 13, 2018, 08.00 a.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 50 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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About Us

Peab is a leading Nordic construction and civil engineering company with about 15,000 employees and about SEK 51 billion in net sales. The Group has strategically placed offices in Sweden, Norway and Finland. Company headquarters are in Förslöv on Bjäre Peninsula in southern Sweden. The Peab share is listed on NASDAQ Stockholm.

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