Peab’s Year-end report January-December 2013
- Operative net sales amounted to SEK 42,733 million (45,997)
- Operative operating profit was SEK 593 million (1,004). One-off costs of SEK -920 million charged operating profit during the year. Project write-downs totaled SEK -675 million in 2012
- Earnings per share amounted to SEK 1.01 (2.47)
- Orders received during the year amounted to SEK 34,292 million (38,743)
- Order backlog in Construction, Civil Engineering and Project Development amounted to SEK 28,164 million (28,056)
- Extensive action plan for greater profitability has been implemented
- The Board proposes a dividend of SEK 1.80 (1.60) per share
“All in all the close of 2013 was positive with stability in daily operations and higher demand for housing at the same time a new organization was erected. The extensive action we have implemented brings us closer to our customers and the local market and at the same time streamlines our business. This combined with stable market conditions driven by a rise in the rate of housing production and a good level of orders received provide a good platform for improving profitability, says Peab’s CEO and President, Jesper Göransson.
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 on 13 February 2014 at 8 a m.
For further information, please contact:
Jesper Göransson, C E O Peab +46 431 89338
Gösta Sjöström, C I O Peab +46 733 371010
Peab is the Nordic Community Builder with some 13,000 employees and net sales exceeding 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.