Strong profits and improving cash flow

Peab Interim report January – September 2024

“Peab reported higher net sales, strong profits and improving cash flow in the third quarter. Civil engineering and paving operations continue to grow with profitability. Once again, we provide proof of how well our four business areas complement each other and enable us to achieve successful results. Peab “We are taking advantage of the demand in our markets,” says Jesper Göransson, President and CEO.

Summary by department reporting:

July – September 2024

• Net sales 15,539 million SEK (14,736)
• Operating profit 995 million SEK (786)
• Operating margin 6.4 (5.3) percent
• Profit before tax 902 million SEK (654)
• Earnings per share 2.59 SEK (1.85)
• Orders received 10.135 million SEK (11.034)
• Cash flow before financing 1,195 million SEK (450)

January – September 2024

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

For more information please contact:

Peab President and CEO Jesper Göransson can be reached at:

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

This information is information that Peab AB is obliged to disclose to the public in accordance with the Securities Market Law. The information was submitted for publication on 25 October 2024 at 08:00 (CET).

Peab is a Nordic Community Builder with 14,000 employees and net sales of SEK 58 billion. With our local presence and focusing on our own resources, we develop, lay the foundations and build daily life where it happens. The company is headquartered in Förslöv on the Bjäre Peninsula in southern Sweden. Peab stock is traded on Nasdaq Stockholm.