Not 47 Important events after the balance sheet date

New financial and non-financial targets

Through the strate­gic trans­ac­tions in re­cent years Peab has more clear­ly be­come a com­mu­ni­ty builder that, through four col­lab­o­rat­ing busi­ness areas and local pres­ence, is ac­tive through­out the Nordic re­gion. Our busi­ness model pro­vides us with unique op­por­tu­ni­ties to, with our own re­sources and con­trol over the en­tire value chain, meet our cus­tomers’ needs and the ex­pec­ta­tions of the world around us. In order to fur­ther pro­mote value cre­ation we have re­vised every­thing from our mis­sion, busi­ness con­cept and strate­gic tar­get areas to in­ter­nal and ex­ter­nal fi­nan­cial and non-​fi­nan­cial tar­gets.

Both the in­ter­nal and ex­ter­nal fi­nan­cial and non-​fi­nan­cial tar­gets are cat­e­go­rized under the pre­vi­ous strate­gic tar­gets; Most sat­is­fied cus­tomers in the in­dus­try, Best work­place in the in­dus­try and Most prof­itable com­pa­ny in the in­dus­try as well as the new, fourth strate­gic tar­get, Leader in so­cial re­spon­si­bil­i­ty in the in­dus­try. We con­sid­er the ex­ter­nal tar­gets par­tic­u­lar­ly im­por­tant and they are a sub­set of our in­ter­nal tar­gets and ac­tion plans. As of 2021 Peab will ex­ter­nal­ly re­port the per­for­mance of the busi­ness by mon­i­tor­ing nine tar­gets, of which three are fi­nan­cial and based on seg­ment re­port­ing.

Re­vised mis­sion: We im­prove every­day life where it’s lived.

Re­vised busi­ness con­cept: Peab is the Nordic Com­mu­ni­ty Builder with a local pres­ence. Fo­cus­ing on our own re­sources and local part­ners we de­vel­op, do the ground­work and build every­day life where it’s lived.

Peab’s external targets as of 2021:

  • Most satisfied customers in the industry; SCI > 75
  • Best workplace in the industry; eNPS >Benchmark, Serious accidents: Zero vision for serious accidents through a continuously contracting trend
  • Most profitable company in the industry; Operating margin > 6 %, Net debt/equity ratio 0.3 – 0.7 Dividend > 50 % of profit for the year
  • Leader in social responsibility in the industry; Carbon dioxide intensity, own production: 60 % reduction by 2030, Carbon dioxide intensity, input goods and purchased services: 50 % reduction by 2030, Equal opportunity recruitment: Number of women recruited should always exceed the education market

The Nomination Committee’s proposed Board members

The Nom­i­na­tion Com­mit­tee of Peab AB pro­pos­es re­elec­tion of Board mem­bers Fredrik Pauls­son, Malin Pers­son, Karl- Axel Granlund, Liselott Ki­laas, Lars Sköld, Ker­stin Lin­dell and An­ders Runevad as well as elec­tion of Mag­dale­na Gerg­er. Mats Pauls­son and Göran Grosskopf have both de­clined re­elec­tion for age rea­sons. An­ders Runevad is pro­posed to be elect­ed Chair­man of the Board.