Higher net sales and stable operating profit

“Peab’s net sales have grown and operating profit has improved during the first three quarters of 2019. We continue to work on our strategic focal points through investments in operations. We are successively increasing our holdings in development projects and completed properties in Project Development. In Industry we are preparing for the takeover of YIT’s operations in mineral aggregates and paving, which is expected to be implemented at the beginning of 2020, says Jesper Göransson, CEO and President of Peab.”

  • Net sales SEK 38,696 million (37,388)
  • Operating profit SEK 1,813 million (1,710)
  • Operating margin 4.7 percent (4.6)
  • Pre-tax profit SEK 1,786 million (1,679)
  • Earnings per share SEK 5.09 (4.73)
  • Orders received SEK 32,034 million (40,636)
  • Order backlog SEK 43,821 million (48,036)
  • Cash flow before financing SEK -1,103 million (-1,970)
  • Net debt SEK 7,942 million (4,441). Excluding additional IFRS 16, Leases net debt was SEK 7,169 million
  • Equity/assets ratio 29.6 percent (29.4). Excluding additional IFRS 16, Leases the equity/assets ratio was 30.1 percent

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