Peab publishes preliminary financial information for the full year 2023
Peab is adjusting its operations to the steep decline in the housing market while a total of SEK 525 million in costs for provisions, write-downs and restructuring will charge the fourth quarter 2023. The Board intends to propose that the Annual General Meeting resolves on a distribution of a dividend of SEK 1.50 per share.The past few years have been marked by circumstances that have been turbulent in many ways, entailing both higher construction costs and drastic interest rate hikes. In Peab’s case production starts of homes have dwindled significantly since the record year 2021 and start-
