Peab Interim report: Continued high net sales with stable profit

Peab Interim report January – September 2022

”Peab reported continued growth in net sales after the first nine months of the year. We continue to handle cost increases well although they have not been fully compensated. The level of orders was relatively stable although homes were a smaller portion”, says Jesper Göransson, President and CEO of Peab.

Summary according to segment reporting:

July – September 2022

• Net sales SEK 16,685 million (16,121)
• Operating profit SEK 993 million (1,101)
• Operating margin 6.0 percent (6.8)
• Pre-tax profit SEK 963 million (1,095)
• Earnings per share SEK 2.69 (2.89)
• Orders received SEK 13,095 million (13,865)
• Cash flow before financing SEK 805 million (781)

January – September 2022

• Net sales SEK 46,087 million (42,506)
• Operating profit SEK 1,888 million (1,852)
• Operating margin 4.1 percent (4.4)
• Pre-tax profit SEK 1,852 million (1,836)
• Earnings per share SEK 5.09 (4.88)
• Orders received SEK 42,804 million (41,405)
• Order backlog SEK 48,762 million (46,280)
• Cash flow before financing SEK -1,058 million (576)
• Net debt SEK 5,886 million (4,461)
• Net debt/equity ratio 0.4 (0.3)

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. The information was submitted for publication, through the agency of the contact person set out above, at October 28, 2022, 08.00 a.m. CET.

Peab is the Nordic Community Builder with 16,000 employees and net sales of SEK 64 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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