Half-year report January - June 2016
Strong level of orders received and improved profit
April - June 2016
• Operative net sales SEK 12,781 million (11,451)
• Operative operating profit SEK 624 million (507)
• Operative operating margin 4.9 percent (4.4)
• Pre-tax profit SEK 609 million (480)
• Earnings per share SEK 1.74 (1.35)
• Orders received SEK 10,165 million (9,414)
• Cash flow before financing SEK 6 million (-384)
January - June 2016
• Operative net sales SEK 21,473 million (20,452)
• Operative operating profit SEK 812 million (678)
• Operative operating margin 3.8 percent (3.3)
• Pre-tax profit SEK 755 million (586)
• Earnings per share SEK 2.16 (1.64)
• Orders received SEK 22,051 million (18,973)
• Order backlog SEK 33,457 million (27,162)
• Cash flow before financing SEK 916 million (237)
• Net debt SEK 3,154 million (4,315)
• Equity/assets ratio 27.5 percent (27.5)
“Our business model with four complementary business areas,
which all have stable development and profitability, gives
Peab a good position in the current market. A positive second
quarter has led to improvements in the form of higher
net sales and margin for the first half-year. Greater order backlog
with longer production time, a well-dimensioned development
rights portfolio, positive market forecasts and a strong financial position spells good conditions for Peab in the coming years”,
says Peab’s CEO Jesper Göransson.
This information is information that Peab AB is obliged to make public pursuant to the Securities Markets Act. The information was submitted for publication at 17 August 2016, 08:00 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 more than 14,000 employees and net sales of over SEK 45 billion.