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Financial targets
In order to further promote value creation Peab externally reports the performance of the business by monitoring nine targets, of which three are financial.
Nomination Committee
The Nomination Committee has been appointed for Peab’s Annual General Meeting 2024.
Targets
The Peab Group has four strategic target areas.
Strong cash flow and stable level of orders received
”When we sum up the third quarter Peab’s positive development has clearly continued. The level of orders received has been stable and a strong cash flow has contributed to boosted financial position. The integration of our acquired units is progressing and operations are developing according to plan,” says Jesper Göransson, CEO and President of...
Johan Dagertun
Chief Strategic Officer (CSO)
Extra General Meeting 2020
Extra General Meeting for shareholders in Peab AB (publ) was held Thursday November 12, 2020.
Finalized acquisition reinforces our Nordic position
”Peab has weathered the consequences of the corona pandemic relatively well so far. Our business model with four collaborating business areas gives us stability even in uncertain times. The acquisition of paving and mineral aggregates operations reinforces our business model and Nordic position,” says Jesper Göransson, CEO and President of Peab.
Stable quarter but greater uncertainty
”The first quarter 2020 must be considered unique. We entered the year with stable market prospects but when we closed the books the picture was dramatically different. The underlying profit from our business areas was stable in the quarter and Peab’s good financial position, high level of orders and a tried and true business model is the solid...
Business area Construction
With local roots close to customers business area Construction does construction work for both external and internal customers. Construction projects include everything from new production of housing, public and commercial premises to renovations and extensions as well as construction maintenance.
Business area Civil Engineering
Business area Civil Engineering is a leading actor in Sweden and one of the larger players in Norway. Civil Engineering works with landscaping and pipelines, builds and maintains roads, railroads, bridges and other infrastructure as well as does foundation work.
Business area Industry
Business area Industry provides the products and services needed to carry out more sustainable and costefficient construction and civil engineering projects on the Nordic market. With local roots our companies take on jobs big and small.
Business area Project development
Business area Project Development, which comprises Housing Development and Property Development, creates sustainable and vibrant urban environments with residential, commercial and public property.
Profitable growth and high level of orders received
"Profitable growth and a high level of orders sums up this year's third quarter. Operating margins continue to improve in both the construction contract businesses and housing development, which is the result of several years of committed work", says Jesper Göransson, President and CEO of Peab.
Updated Order & Safety rules and a new requirement on a mandatory use of chin strap on helmets - from the 1st of January 2022
We are taking the next step in our journey towards the safe and healthy workplaces. From the 1st of January 2022 it will be mandatory to fasten the chin strap on helmets. For your own safety, fasten your helmet today!
Magdalena Gerger
Member of the Board.
New requirements for working at Peab's workplaces - Together we improve safety at the workplace
Work environment and safety are a top priority in Peab. Everyone who works on our sites / workplaces should have a safe working environment, Peab has a zero tolerance regarding serious accidents. This means that we also place high demands on our subcontractors to contribute to the safety on site / workplaces.
Continued good level of orders received and stable market prospects
”The first quarter always entails lower activity as a result of the season and weather. Since our acquisition of operations in mineral aggregates and paving, this pattern has become even more distinct. At the same time Peab’s overall business has become more diversified in terms of countries, products and customers. The first quarter presented i...
Strong end of the year and broadly met targets
”We ended the year with continued profitable growth, a strong cash flow and a high level of orders received. Our work on improving operating margins continues to bear fruit in both the construction contract businesses and housing developments. When we for the first time present the outcome of all our nine external targets it’s clear that they ha...
Stable start of the year
”We started the year by continuing in a positive direction with growth in net sales, profit and orders received. The level of production-starts and sales of our own housing developments was high while we maintained a strong financial position. However, external events have made future prospects uncertain”, says Jesper Göransson, President and CE...
Year-end Report: Stable profit in challenging times
”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.
