Annual and Sustainability Report 2016
A locally engaged community builder
Strong joint effort behind this year’s result
The year as a whole was characterized by improved profitability, robust cash flow and a good financial position for Peab. With our four complementary and cooperating business areas we are well-equipped to take on the market’s opportunities and challenges.
Peab is characterized by a decentralized and cost-efficient organization with four cooperating business areas whose operations are based on local entrepreneurship close to the customer. The business areas have a regional structure that works together with central resources and they profit from support functions on business area and Group levels in sharpening their competitive edge.
Business area Civil Engineering builds and maintains highways, railroads and bridges both on the local civil engineering market as well as in larger Nordic infrastructure projects. It also manages and maintains streets and roads.
Business area Industry delivers, among other things, ballast, concrete, asphalt, electricity and prefabricated concrete elements to external customers and the other business areas in Peab. The business area also provides equipment and transportation and takes care of production waste.
Business area Project Development handles Group acquisitions as well as development, management and divestment of housing and commercial property. Housing Development is mainly geared towards private consumers while Property Development is aimed at real estate investors.
Peab’s take on sustainable operations
Five initiatives that reflect our work with sustainability in the focus areas The Employees, The Business, Climate and Environment and Social Engagement.
FOUR AREAS THAT COVER PEAB’S MOST ESSENTIAL ISSUES
In order to pinpoint the most crucial sustainability aspects in Peab’s operations we weigh in the aspects that have the most strategic importance to the company with those most relevant to the decisions our stakeholders take. Four focus areas – The Employees, The Business, Climate and Environment and Social Engagement bring together the most important aspects concerning sustainability.