Peab Half-year report: Stable first half-year

Peab Half-year report January – June 2022

”Peab reports continued growth in net sales and improved profit after the first half-year. We continue to handle increases in costs well, although we have seen some impact on the operating margin. Despite the shaky situation in the world around us our level of orders is high”, says Jesper Göransson, President and CEO of Peab.

Summary according to segment reporting:

April – June 2022

• Net sales SEK 16,858 million (15,169)
• Operating profit SEK 885 million (824)
• Operating margin 5.2 percent (5.4)
• Pre-tax profit SEK 881 million (808)
• Earnings per share SEK 2.36 (2.18)
• Orders received SEK 14,334 million (13,094)
• Cash flow before financing SEK -1,540 million (-97)

January – June 2022

• Net sales SEK 29,402 million (26,385)
• Operating profit SEK 895 million (751)
• Operating margin 3.0 percent (2.8)
• Pre-tax profit SEK 889 million (741)
• Earnings per share SEK 2.40 (1.99)
• Orders received SEK 29,709 million (27,540)
• Order backlog SEK 49,899 million (46,684)
• Cash flow before financing SEK -1,863 million (-205)
• Net debt SEK 6,333 million (5,424)
• Net debt/equity ratio 0.5 (0.4)

For further information, please contact:

Jesper Göransson, President and CEO of Peab, is reached through

Juha Hartomaa, Head of Investor Relations Peab, +46 725 33 31 45

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 above, at July 15, 2022, 11.30 a.m.CET.

Peab is the Nordic Community Builder with 15,000 employees and net sales of SEK 63 billion. With a local presence and focus on our own resources we develop, do the groundwork and build everyday life where it’s lived. Company headquarters are in Förslöv on Bjäre Peninsula in southern Sweden. The Peab share is listed on Nasdaq Stockholm.

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