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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...
Strong cash flow and stable level of orders received
”When we sum up the third quarter Peab’s positive development has clearly continued. The level of orders received has been stable and a strong cash flow has contributed to boosted financial position. The integration of our acquired units is progressing and operations are developing according to plan,” says Jesper Göransson, CEO and President of...
Finalized acquisition reinforces our Nordic position
”Peab has weathered the consequences of the corona pandemic relatively well so far. Our business model with four collaborating business areas gives us stability even in uncertain times. The acquisition of paving and mineral aggregates operations reinforces our business model and Nordic position,” says Jesper Göransson, CEO and President of Peab.
Stable quarter but greater uncertainty
”The first quarter 2020 must be considered unique. We entered the year with stable market prospects but when we closed the books the picture was dramatically different. The underlying profit from our business areas was stable in the quarter and Peab’s good financial position, high level of orders and a tried and true business model is the solid...
Stable start of the year
”We started the year by continuing in a positive direction with growth in net sales, profit and orders received. The level of production-starts and sales of our own housing developments was high while we maintained a strong financial position. However, external events have made future prospects uncertain”, says Jesper Göransson, President and CE...
Strong end of the year and broadly met targets
”We ended the year with continued profitable growth, a strong cash flow and a high level of orders received. Our work on improving operating margins continues to bear fruit in both the construction contract businesses and housing developments. When we for the first time present the outcome of all our nine external targets it’s clear that they ha...
Profitable growth and high level of orders received
"Profitable growth and a high level of orders sums up this year's third quarter. Operating margins continue to improve in both the construction contract businesses and housing development, which is the result of several years of committed work", says Jesper Göransson, President and CEO of Peab.
Continued high net sales with stable profit
”Peab reported continued growth in net sales after the first nine months of the year. We continue to handle cost increases well although they have not been fully compensated. The level of orders was relatively stable although homes were a smaller portion”, says Jesper Göransson, President and CEO of Peab.
Year-end Report: Stable profit in challenging times
”For 2022 Peab reported a stable profit in challenging times. With our high order backlog and strong financial position, combined with our broad business model, we can handle a multitude of circumstances in different segments and geographies.”, says Jesper Göransson, President and CEO of Peab.
The divided market trend continues
”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.
