High level of orders received and improved operating profit

April – June 2018

  •  Net sales SEK 13,453 million (12,791)
  •  Operating profit SEK 677 million (631)
  •  Operating margin 5.0 percent (4.9)
  •  Pre-tax profit SEK 673 million (617)
  •  Earnings per share SEK 1.94 (1.78)
  •  Orders received SEK 16,257 million (12,880)
  •  Cash flow before financing SEK -704 million (-1,105)

January – June 2018

  •  Net sales SEK 24,943 million (23,896)
  •  Operating profit SEK 967 million (951)
  •  Operating margin 3.9 percent (4.0)
  •  Pre-tax profit SEK 929 million (928)
  •  Earnings per share SEK 2.68 (2.72)
  •  Orders received SEK 29,163 million (25,309)
  •  Order backlog SEK 47,453 million (39,470)
  •  Cash flow before financing SEK -1,094 million (683)
  •  Net debt SEK 3,592 million (2,707)
  •  Equity/assets ratio 29.2 percent (29.3)

“The outlook for Peab is positive with a solid order backlog, a good project mix, a well-dimensioned development rights portfolio and a strong financial position. The market situation continues to be good with a stable demand in Sweden, Norway and Finland. Thanks to the wide range of our business we can handle a downturn in some product areas with an upturn in others”, says Jesper Göransson, CEO Peab.

This information is information that Peab AB is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out below, at August 17, 2018, at 8.00 a.m. CET.

For further information, please contact:

Jesper Göransson, CEO +46 431 89338

Charlotte Hagö, CIO +46 725 334545

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Mikael Elveroth

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Kajsa Jacobsson

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