Peab Interim Report: Stable start of the year
Peab Interim Report January – March 2022
”We started the year by continuing in a positive direction with growth in net sales, profit and orders received. The level of production-starts and sales of our own housing developments was high while we maintained a strong financial position. However, external events have made future prospects uncertain”, says Jesper Göransson, President and CEO of Peab.
Summary according to segment reporting:
January – March 2022
- Net sales SEK 12,544 million (11,216)
- Operating profit SEK 10 million (-73)
- Operating margin 0.1 percent (-0,7)
- Pre-tax profit SEK 8 million (-67)
- Earnings per share SEK 0.04 (-0.19)
- Orders received SEK 15,375 million (14,446)
- Order backlog SEK 49,968 million (47,286)
- Cash flow before financing SEK -323 million (-108)
- Net debt SEK 2,991 million (4,045)
- Net debt/equity ratio 0.2 (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 May 5, 2022, at 1 p.m. CET.
Peab is the Nordic Community Builder with 15,000 employees and net sales of SEK 61 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.
Tags:
