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Higher net sales and improved operating profit - Half-year report January – June 2019

“Demand continues to be good but conditions vary depending on location and product. Peab´s net sales have grown and operating profit has improved during the first half-year of 2019. We continue to invest in our project development business and we are also expanding our industrial operations through the acquisition of YIT’s Nordic paving and mine...

Business area Project development

Business area Project Development, which comprises Housing Development and Property Development, creates sustainable and vibrant urban environments with residential, commercial and public property.

Peab's Year-end report January-December 2018 - Improved profit and increased dividends

"After a strong finish we can conclude that 2018 was a stable year in which our business developed positively. Net sales, profits and margins all grew and we start 2019 with a large and well diversified order backlog. Based on this the Board proposes dividend is raised to SEK 4.20 per share", says Peab´s CEO Jesper Göransson.

Annual General Meeting 2018

The Annual General Meeting (AGM) of Peab AB (publ), was held May 7, 2018 at Grevieparken at Grevie.

Business area Civil Engineering

Business area Civil Engineering is a leading actor in Sweden and one of the larger players in Norway. Civil Engineering does landscaping and roadwork, lays pipelines, builds and maintains roads, railroads, bridges and other infrastructure, builds water and pipeline systems as well as does groundwork.

Business area Industry

Business area Industry provides products and services needed to carry out more sustainable and cost-efficient construction and civil engineering projects on the Nordic market. With local roots we work with both external and internal customers.

Lotta Brändström

Manager business area Civil Engineering and part of business area Industry (Asphalt and Swerock)

Business area Construction

With local roots close to customers business area Construction does construction work for both external and internal customers. Construction projects include everything from new production of housing, public and commercial premises to renovations and extensions as well as construction maintenance.

Auditor

EY was elected until the Annual General Meeting 2027.

CEO

Jesper Göransson b 1971.  CEO and acting President

Targets

The Peab Group has four strategic target areas.

Continued good level of orders received and stable market prospects

”The first quarter always entails lower activity as a result of the season and weather. Since our acquisition of operations in mineral aggregates and paving, this pattern has become even more distinct. At the same time Peab’s overall business has become more diversified in terms of countries, products and customers. The first quarter presented i...

Nomination Committee

Information about who were elected to the Nomination Committee and Chairman of the Nomination Committee.

Financial targets

In order to further promote value creation Peab externally reports the performance of the business by monitoring nine targets, of which three are financial.

Requirements for working at Peab's workplaces

Work environment and safety are a top priority in Peab. Everyone who works on our sites / workplaces should have a safe working environment, Peab has a zero tolerance regarding serious accidents

Magdalena Gerger

Member of the Board.

Analysts who follow Peab

Peter Johansson

Employee representative (deputy) SEKO.

Annual General Meetings

Half-year report, January-June 2018

“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 wi...