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.

The telephone conference

Summary according to segment reporting:

July – September 2021

  • Net sales SEK 16,121 million (14,837)
  • Operating profit SEK 1,101 million (844)
  • Operating margin 6.8 percent (5.7)
  • Pre-tax profit SEK 1,095 million (824)
  • Earnings per share SEK 2.89 (2.25)
  • Orders received SEK 13,865 million (11,718)
  • Cash flow before financing SEK 781 million (1,683)
  • Repayment of AGS premiums will have a positive effect on
    operating profit of around SEK 150 million in the fourth quarter

January – September 2021

  • Net sales SEK 42,506 million (41,993)
  • Operating profit SEK 1,852 million (1,716)
  • Operating margin 4.4 percent (4.1)
  • Pre-tax profit SEK 1,836 million (1,626)
  • Earnings per share SEK 4.88 (4.38)
  • Orders received SEK 41,405 million (37,546)
  • Order backlog SEK 46,280 million (44,722)
  • Cash flow before financing SEK 576 million (1,016)
  • Net debt SEK 4,461 million (5,780)
  • Net debt/equity ratio 3 (0.5)

Contact

Juha Hartomaa, Head of Investor Relations

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