Quarterly Report Peab: The divided market trend continues

Peab Interim Report January - March 2023

”The trend from the fourth quarter continues with a declining housing market. However, investments connected to the public sector remain on a stable level. The level of orders received was lower than the first quarter last year but the level of order backlog continues to be good”, says Jesper Göransson, President and CEO of Peab.

Summary according to segment reporting:

January – March 2023

  • Net sales SEK 12,690 million (12,544)
  • Operating profit SEK -156 million (10)
  • Operating margin -1.2 percent (0.1)
  • Pre-tax profit SEK -196 million (8)
  • Earnings per share SEK -0.54 (0.04)
  • Orders received SEK 11,042 million (15,375)
  • Cash flow before financing SEK -908 million (-323)

For further information, please contact:

Jesper Göransson, President and CEO of Peab, is reached through Juha Hartomaa, Head of Investor Relations Peab, +46 725 33 31 45

This information is information that Peab AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at May 4, 2023, at 1 p.m. CET.

Jesper Göransson 2022-12-07 3 Web Samuel Unéus

Share

Cookies

Our website contains cookies. A cookie is a small piece of data (text file) that a website - when visited by a user - asks your browser to store on your device to remember information about you, such as your language setting or login information.

These cookies are set by us and are called first-party cookies. We also use third-party cookies - which are cookies from a domain other than the domain of the website you are visiting - for our advertising and marketing efforts. More specifically, we use cookies and other tracking techniques for the following purposes:

  • Absolutely necessary cookies
  • Performance cookies
  • Functional cookies

According to the Electronic Communications Act, everyone who visits a website with cookies must be informed that the website contains cookies, and what cookies are used for.
The visitor must also consent to the use of cookies.

See which cookies are used and change cookie settings.