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Interim Report January-June 2021 - Specialising in buildings

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Efforts to ensure profitability have paid off, with the business delivering stable margins and healthy profitability over the past six quarters. EBITA amounted to SEK 23.5 million (30.9) in the second quarter, corresponding to a margin of 8.5 percent (9.7). Net revenue for the quarter amounted to SEK 278 million (320) and was impacted by the effects of the pandemic and previously implemented adjustments to the market situation.

Second quarter, 1 April–30 June 2021

  • Net revenue totalled SEK 277.6 million (320.0)
  • EBITA totalled SEK 23.5 million (30.9) and the EBITA margin was 8.5 percent (9.7)
  • EBIT totalled SEK 19.2 million (28.1) and the operating margin was 6.9 percent (8.8)
  • Earnings for the period totalled SEK 12.4 million (17.9)
  • Earnings per share for the period amounted to SEK 0.51 (0.73); (there is no dilution effect)

Half-year period, 1 January–30 June 2021

  • Net revenue totalled SEK 559.6 million (661,0)
  • EBITA totalled SEK 41.8 million (59.9) and the EBITA margin was 7.5 percent (9.1)
  • EBIT totalled SEK 34.7 million (54.2) and the operating margin was 6.2 percent (8.2)
  • Earnings for the period totalled SEK 21.7 million (34.1)
  • Earnings per share for the period amounted to SEK 0.89 (1.40); (there is no dilution effect)

Significant events after the end of the period

  • On 16 July, the Board updated the company’s financial targets, see separate press release on pe.se

You will find the full report here

Webcasted presentation:
At 09.00 CET there will be a webcasted conference call in which Helena Hed, President and CEO, and Peter Sandberg, CFO, will present the report. The presentation will be held in English and it will be followed by a question and answer session.

Link to the webcast:
https://tv.streamfabriken.com/projektengagemang-q2-2021

This is a translation of the Swedish original. The Swedish text is the binding version and shall prevail in the event of any discrepancies.

This disclosure contains information that Projektengagemang is obliged to make public pursuant to the EU Market Abuse Regulation (EU nr 596/2014). The information was submitted for publication, through the agency of the contact person, on 16-07-2021 07:30 CET.

For further information please contact:
Helena Hed, President and CEO
Phone: +46 10‐516 00 00
E-mail: helena.hed@pe.se

Peter Sandberg, CFO
Mobile: +46 10-516 03 67
E-mail: peter.sandberg@pe.se

Arvid Linder, Head of Communication
Mobile: +46 70 779 58 98
E-mail: arvid.linder@pe.se

About PE
PE is one of Sweden’s leading engineering and architecture consulting firms. As urban planners, we create innovative and sustainable solutions shaping the development of cities and societies. We are represented throughout Sweden and our annual revenue is in excess of SEK 1 billion. PE was founded in 2006 and is listed on Nasdaq Stockholm. Find out more at www.pe.se.

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