Peab’s Year-end report 2007
Net sales growth and record operating profits
• Net sales for continuing operations increased by 22 per cent to SEK 31 977 million (26 132)
• Operating profit for continuing operations increased by 75 per cent to SEK 1 261 million (722)
• Profit for the year from continuing operations amounted to SEK 774 million (708). Profit includes a change of SEK -203 million (224) in the value of the Brinova holding
• Profit per share from continuing operations before dilution amounted to SEK 4.69 (4.18)
• Board proposes a dividend per share to SEK 2.25 (1.75)
Attached you find the complete year-end report for 2007
- Peab posts record operating profits during a favourable construction business cycle. Several of our units show a high level of profitability and together with the effects of the distribution of Peab Industri, Peab’s financial position continues to grow stronger. This provides us with further opportunities to develop the company, says Peab’s CEO Mats Paulsson, in a comment on the annual accounts report.
For additional information, please contact:
Mats Paulsson CEO Peab +46 431 89135
Mats Leifland, CFO Peab +46 733 371006
Gösta Sjöström, CIO, Peab +46 733 371010
Previous press releases from Peab are available at www.peab.com
Peab AB 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 07.00 am on 14 February 2008.