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Strong earnings and improved cash flow

Strong earnings and improved cash flow

Peab interim report January – September 2024

“Peab reports higher net sales, strong earnings and improved cash flow for the third quarter. The civil engineering and paving businesses continue to grow as profitability increases. We provide further evidence of how well our four business areas complement each other and our to take advantage of demand in our markets,” said Jesper Göransson, President and CEO of Peab.

Summary according to segment reporting:

July – September 2024

  • Net sales SEK 15,539 million (14,736)
  • Operating profit SEK 995 million (786)
  • Operating margin 6.4 percent (5.3)
  • Profit before tax SEK 902 million (654)
  • Earnings per share SEK 2.59 (1.85)
  • Orders received SEK 10,135 million (11,034)
  • Cash flow before financing SEK 1,195 million (450)

January – September 2024

  • Net sales SEK 41,912 million (43,182)
  • Operating result SEK 1,508 million (1,720)
  • Operating margin 3.6 percent (4.0)
  • Profit before tax SEK 1,242 million (1,864)
  • Earnings per share SEK 3.62 (5.17)
  • Orders received SEK 44,458 million (34,581)
  • Order backlog SEK 47,026 million (41,669)
  • Cash flow before financing SEK 882 million (-2,779)
  • Net debt SEK 8,439 million (10,173)
  • Net debt/equity ratio 0.5 (0.7)

For more information please contact:

Jesper Göransson, president and CEO of Peab, is reached

Juha Hartomaa, Head of Investor Relations Peab, +46 725 33 31 45

This information is information that Peab AB is required to make public under the Securities Markets Act. The information was submitted for publication on October 25, 2024 at 8:00 am CET.

Peab is the Scandinavian community builder with 14,000 employees and net sales of SEK 58 billion. With a local presence and a focus on our own resources, we develop, do the basics and build daily life where it is lived. The company’s headquarters are located in Förslöv on the Bjäre Peninsula in southern Sweden. Peab shares are listed on Nasdaq Stockholm.