Continued high net sales with stable profit

”Peab reported continued growth in net sales after the first nine months of the year. We continue to handle cost increases well although they have not been fully compensated. The level of orders was relatively stable although homes were a smaller portion”, says Jesper Göransson, President and CEO of Peab.

The telephone conference

Summary according to segment reporting:

July – September 2022

  • Net sales SEK 16,685 million (16,121)
  • Operating profit SEK 993 million (1,101)
  • Operating margin 6.0 percent (6.8)
  • Pre-tax profit SEK 963 million (1,095)
  • Earnings per share SEK 2.69 (2.89)
  • Orders received SEK 13,095 million (13,865)
  • Cash flow before financing SEK 805 million (781)

January – September 2022

  • Net sales SEK 46,087 million (42,506)
  • Operating profit SEK 1,888 million (1,852)
  • Operating margin 4.1 percent (4.4)
  • Pre-tax profit SEK 1,852 million (1,836)
  • Earnings per share SEK 5.09 (4.88)
  • Orders received SEK 42,804 million (41,405)
  • Order backlog SEK 48,762 million (46,280)
  • Cash flow before financing SEK -1,058 million (576)
  • Net debt SEK 5,886 million (4,461)
  • Net debt/equity ratio 0.4 (0.3)

Contact

Juha Hartomaa

Head of Investor Relations