Peab’s Year-end report 2004

Net sales increased be 10 per cent to SEK 22 048 million (20 086) Profit for the year amounted to SEK 432 million (226) Profit per share amounted to SEK 5.10 (2.70) Orders received increased by 18 per cent to SEK 21 559 million (18 339) Improved cash flow before financing, which amounted to SEK 255 million (-379) Financial objectives have been adapted to Peab’s current structure Board proposes an increased dividend per share to SEK 2.50 (2.20) - 2004 was a good year for Peab’s business. We are seeing a further strengthening of our competitiveness and our local anchorage gives us a close collaboration with our customers. Our order situation give us a good stability for this year, says Peab’s MD Mats Paulsson. For further information contact: Mats Paulsson, MD Peab +46 431 89 135 Mats Leifland, CFO Peab +46 733 37 10 06 Gösta Sjöström, information manager Peab +46 73337 10 10 Previous press releases from Peab are available at www.peab.com

About Us

Peab is a leading Nordic construction and civil engineering company with about 14,000 employees and about SEK 54 billion in net sales. The Group has strategically placed offices in Sweden, Norway and Finland. Company headquarters are in Förslöv on Bjäre Peninsula in southern Sweden. The Peab share is listed on NASDAQ Stockholm.

Subscribe

Documents & Links