Year-end report 2022: Stable profit in challenging times

Peab Year-end report, January - December 2022

”For 2022 Peab reported a stable profit in challenging times. With our high order backlog and strong financial position, combined with our broad business model, we can handle a multitude of circumstances in different segments and geographies.”, says Jesper Göransson, President and CEO of Peab.

Summary according to segment reporting:

October – December 2022

• Net sales SEK 17,048 million (17,520)
• Operating profit SEK 853 million (1,246). The comparable quarter included repayment of AGS premiums of SEK 179 million
• Operating margin 5.0 percent (7.1)
• Pre-tax profit SEK 818 million (1,240)
• Earnings per share SEK 1.89 (3.62)
• Orders received SEK 10,455 million (14,443)
• Cash flow before financing SEK -897 million (2,465)

January – December 2022

• Net sales SEK 63,135 million (60,026)
• Operating profit SEK 2,741 million (3,098)
• Operating margin 4.3 percent (5.2)
• Pre-tax profit SEK 2,670 million (3,076)
• Earnings per share SEK 6.98 (8.50)
• Orders received SEK 53,259 million (55,848)
• Order backlog SEK 44,389 million (45,318)
• Cash flow before financing SEK -1,955 million (3,041)
• Net debt SEK 6,899 million (2,404)
• Net debt/equity ratio 0.5 (0.2)
• The Board proposes a dividend of SEK 4.00 (5.00) per share

For further information, please contact:

Jesper Göransson, President and CEO of Peab, is reached through Juha Hartomaa, Head of Investor Relations Peab, +46 725 33 31 45

This information is information that Peab AB is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, at February 3, 2023, 08.00 a.m. CET.

Peab is the Nordic Community Builder with 16,000 employees and net sales of SEK 63 billion. With a local presence and focus on our own resources we develop, do the groundwork and build everyday life where it’s lived. Company headquarters are in Förslöv on Bjäre Peninsula in southern Sweden. The Peab share is listed on Nasdaq Stockholm.

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