Peab’s Interim Report January – September 2011
Operative net sales increased by 14 percent to SEK 30,360 million (26,615)
Operative operating profit amounted to SEK 962 million (1,094)
Earnings per share before dilution amounted to SEK 1.97 (2.71)
Orders received during the first nine months increased by 8 percent to SEK 31,084 million (28,708)
Order backlog in Construction and Civil Engineering hit an all time high and has grown by 22 per cent since the beginning of 2011 to SEK 32,888 million
Continued investments for growth
- During the first nine months of the year were permeated by our strategic plan and ambition to increase our presence on the Nordic construction and civil engineering markets. We have grown both organically and through acquisitions and invested heavily. Even if this autumn has been characterized by dept concerns and dampened forecasts for economic growth, we still believe the conditions on the Nordic construction market are good in a longer perspective, says Peab’s CEO and President Jan Johansson.
For additional information, please contact:
Gösta Sjöström, CIO Peab +46 733 371010
Jesper Göransson, CFO Peab +46 733 371013
Jan Johansson, CEO Peab +46 431 89135
PeabAB discloses the information provided herein pursuant to the Securities Markets Act and/or the Financial Instruments Trading Act.
The information was submitted for publication at 1 p.m. on 22 November 2011.
Previous press releases from Peab are available at www.peab.com
Peab is one of the leading construction and civil engineering companies in the Nordic countries with 15,000 employees and a net sale amounting to around SEK 40 billion. The Group’s subsidiaries have strategically located offices in Sweden, Norway and Finland. The share is listed on NASDAQ OMX Stockholm. The registered office of the Group is at Förslöv, Skåne in south of Sweden.