Peab’s four collaborating business areas
Peab’s operations consist of four collaborating and specialized business areas structured on the prerequisites in each of their markets and divided geographically and by product segment. To find the year’s development and results in the Board of Directors’ Report click here.
Stadshuset Kristallen
Kiruna
Business area construction
Sustainable construction on the local market close to customers
Performs contract work for both external and internal customers, primarily business area Project Development. Construction projects, often with local roots close to customers, include everything from new production of housing, public and commercial premises to renovations, extensions and rebuilding as well as construction maintenance. Consists of twelve regions in Sweden, three in Norway and two in Finland. Regions specialized in housing production are in Stockholm, Gothenburg and the Öresund region.
Trends and driving forces
A dampened housing market is counterbalanced by other premise construction. Although the prospects for other building construction are hard to judge higher employment, population growth and an aging population are factors that drive demand. Strong development toward digitalized operations that permeate the process from the drawing board through production.
Peab’s position
One of the largest players in construction in Sweden in terms of net sales and number of employees. Peab has considerable operations in Norway and Finland.
Net sales
SEK 28.3 billion
Share of Group net sales
45%
Net sales per customer type and geographical market
Employees
6,631
Share of total number of employees in the Group
Mälarbanan
Jakobsberg
Business area Civil Engineering
Greater need for infrastructure on a strong market
Builds and maintains infrastructure such as roads, railroads and bridges. Focused on the local market performs landscaping and pipelines, foundation work and diverse construction. In addition, operates and maintains national and municipal highways and street networks as well as cares for parks and outdoor property. Organized in geographic regions and specialized product areas.
Trends and driving forces
The Nordic civil engineering market is characterized by public investments in infrastructure projects; in Sweden and Norway primarily in an increasing number of extensive and complex projects, but also by smaller, local civil engineering projects. Operation and maintenance of existing roads is also a significant market. Intense competition is felt from several non-Nordic companies on all markets.
Peab’s position
Leading civil engineering player in Sweden with operations in both Norway and Finland.
Net sales
SEK 13.7 billion
Share of Group net sales
22%
Net sales per customer type and geographical market
Employees
3,580
Share of total number of employees in the Group
Väg 109
Ekeby
Business area Industry
Complete supplier on the Nordic construction and civil engineering market
Comprehensive supplier of products and services needed for construction and civil engineering projects. Offer includes industrial construction, strategically placed quarries, asphalt and concrete as well as rental of construction equipment and cranes. Organized in six product segments complemented by a number of strong, local brands.
Trends and driving forces
Market development usually follows developments in the economy. Positive tendencies in general where the business successively gained strength during 2018 mainly due to high demand for concrete, gravel and rock, asphalt and rentals.
Peab’s position
One of the leading players in all segments in Sweden. Active in selected segments in Norway and Finland.
Net sales
SEK 13.3 billion
Share of Group net sales
21%
Net sales per customer type and geographical market
Employees
3,484
Share of total number of employees in the Group
Kajutan
Västerås
Business area Project Development
Develops sustainable urban environments, homes and commercial properties
Responsible for acquisition, development, management and divestment of housing, commercial property and entire city districts. Project development takes place in wholly owned projects or in joint ventures with other partners. Housing Development develops homes for private customers. Property Development acquires, develops, manages and divests commercial properties.
Trends and driving forces
With a continued significant underlying need for housing market conditions are considered good in the long run, even though demand for homes diminished last year, especially in Stockholm. There is still strong demand for modern office space in the right location.
Peab’s position
One of the largest housing developers in Sweden with major operations in both Norway and Finland. Peab is a growing player in commercial property development in Sweden, Norway and Finland.
Net sales
SEK 7.8 billion
Share of Group net sales
12%
Net sales per customer type and geographical market
Employees
379
Share of total number of employees in the Group
