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.

The telephone conference

Summary according to segment reporting:

October – December 2022

  • Net sales SEK 17,048 million (17,520)
  • Operating profit SEK 853 million (1,246). The comparable quarter included repayment of AGS premiums of SEK 179 million
  • Operating margin 5.0 percent (7.1)
  • Pre-tax profit SEK 818 million (1,240)
  • Earnings per share SEK 1.89 (3.62)
  • Orders received SEK 10,455 million (14,443)
  • Cash flow before financing SEK -897 million (2,465)

January – December 2022

  • Net sales SEK 63,135 million (60,026)
  • Operating profit SEK 2,741 million (3,098)
  • Operating margin 4.3 percent (5.2)
  • Pre-tax profit SEK 2,670 million (3,076)
  • Earnings per share SEK 6.98 (8.50)
  • Orders received SEK 53,259 million (55,848)
  • Order backlog SEK 44,389 million (45,318)
  • Cash flow before financing SEK -1,955 million (3,041)
  • Net debt SEK 6,899 million (2,404)
  • Net debt/equity ratio 0.5 (0.2)
  • The Board proposes a dividend of SEK 4.00 (5.00) per share

Contact

Juha Hartomaa

Head of Investor Relations

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