Year-end report January-December 2021 - A clear strategy for development

In 2021, we developed the platform for profitable growth and streamlined the business based on a clear strategic direction with a focus on buildings. Net revenue for the full year 2021 totalled SEK 1,013 million (1,167). EBITA was SEK 57 million (79), which corresponds to an EBITA margin of 5.6 percent (6.7).

Fourth quarter, 1 October–31 December 2021

• Net revenue was SEK 259.7 million (286.5)
• EBITA totalled SEK 14.2 million (16.5) and the EBITA margin was 5.5 percent (5.8)
• EBIT was SEK 7.3 million (15.8) and the operating margin was 2.8 percent (5.5)
• Profit for the period totalled SEK 3.3 million (6.1)
• Earnings per share for the period amounted to SEK 0.13 (0.26); there is no dilution effect
• New credit facility agreement with SEB

Period, 1 January–31 December 2021

• Net revenue totalled SEK 1,012.8 million (1,167)
• EBITA was SEK 56.9 million (78.7) and the EBITA margin was 5.6 percent (6.7)
• EBIT totalled SEK 39.9 million (67.4) and the operating margin was 3.9 percent (5.8)
• Profit for the period totalled SEK 20.2 million (37.1)
• Earnings per share for the period amounted to SEK 0.82 (1.54); there is no dilution effect
• On 16 July, the Board updated the company’s financial targets
• The Board proposes a dividend of SEK 0.4 (0.0) per share

Significant events after the end of the period

• On 18 January, Liselotte Haglind was appointed Chief Financial Officer. Liselotte will take up this role by July 2022. The current Chief Financial Officer Peter Sandberg will leave the company in July

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 Swedish and it will be followed by a question and answer session.

Link to the webcast:
https://www.pe.se/en/quarter-4-2021

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 11-02-2022 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 focusing on buildings. 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.