Improved profit and increased dividends
October – December 2018
- Net sales SEK 14,845 million (14,490)
- Operating profit SEK 863 million (753)
- Operating margin 5.8 percent (5.2)
- Pre-tax profit SEK 839 million (825)
- Earnings per share SEK 2.39 (2.31)
- Orders received SEK 10,451 million (13,039)
- Cash flow before financing SEK 949 million (1,508)
January – December 2018
- Net sales SEK 52,233 million (49,981)
- Operating profit SEK 2,573 million (2,418)
- Operating margin 4.9 percent (4.8)
- Pre-tax profit SEK 2,518 million (2,458)
- Earnings per share SEK 7.12 (7.01)
- Orders received SEK 51,087 million (48,999)
- Order backlog SEK 45,819 million (40,205)
- Cash flow before financing SEK -1,021 million (2,295)
- Net debt SEK 3,551 million (1,216)
- Equity/assets ratio 30.4 percent (32.2)
- The Board proposes a dividend of SEK 4.20 (4.00)
per share
“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.
For further information, please contact:
Jesper Göransson, CEO, +46 431-89338
Camila Buzaglo, CCO, +46 70-5453269
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 above, at February 8, 2019, 8:00 a.m. CET.