Reduced competition injury fee Peab in the asphalt case

Report this content

The Market Court has reduced the competitive injury fee for Peab Group in the asphalt case with SEK 10 million to SEK 75 million. In the Stockholm district court's ruling from July 2007 Peab was ordered to pay a total of SEK 85 million in competitive harm charge after Competition Authority claims of 167 million. A competitive injury fee of SEK 85 million from the Stockholm district court has been charged against income in Peab accounts for 2007. Market Court's ruling means that Peab will report the difference between the provision and outcomes amounting to SEK 10 million in profit for the second quarter of 2009. The Market Court is the highest authority in this case and the sentence may not be appealed. For additional information, please contact: Gösta Sjöström, CIO Peab +46 733 371010 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 1.00 p.m. on 28 May 2009. Previous press releases from Peab are available at www.peab.com

Subscribe

Documents & Links