Peab is the Nordic community builder

Peab works locally where our customers are and where people live their lives. Every day our 14,000 employees contribute through four collaborating business areas to community building in Sweden, Norway, Finland and Denmark. Together we build homes, schools, retirement homes, hospitals, swimming pool facilities, museums, offices, airports and ports. We build and maintain roads, railroads, bridges, parks and much, much more.

Peab has contributed to locally produced community building for more than 60 years. Now the journey continues. Long-​lastingly and responsibly we are forging ahead, and improving everyday life where it’s lived.

Value through collaborating business areas

Our busi­ness is found­ed on four busi­ness areas Con­struc­tion, Civil En­gi­neer­ing, In­dus­try and Project De­vel­op­ment. Each of them is in­de­pen­dent with its own cus­tomer base. But the strength in our busi­ness model – and there­by our abil­i­ty to achieve our tar­gets – is mul­ti­plied when they work to­geth­er in the pro­cess­ing chain. This is what makes us unique. This is lo­cal­ly pro­duced com­mu­ni­ty build­ing through­out the en­tire Nordic re­gion.

Targets for a sustainable business

We mon­i­tor our busi­ness through the frame­work of our four strate­gic tar­gets: most sat­is­fied cus­tomers, best work­place, most prof­itable com­pa­ny and leader in so­cial re­spon­si­bil­i­ty. Each of these strate­gic four tar­gets are im­por­tant on their own but link to­geth­er to form a unit. There are external and internal targets that we regularly measure in each strategic target. There are nine external targets in all and they are mea­sured in com­par­i­son to the con­struc­tion and civil en­gi­neer­ing in­dustry.

Local and close to our customers

Our 14,000 em­ploy­ees work close to our cus­tomers in the local com­mu­ni­ty and use wher­ev­er pos­si­ble local re­sources in the form of our own per­son­nel, input goods and local sub­con­trac­tors. To­geth­er with our so­cial en­gage­ment in the com­mu­ni­ty and in­te­grat­ed cli­mate and en­vi­ron­men­tal work this forms the foun­da­tion of what we call lo­cal­ly pro­duced com­mu­ni­ty build­ing.

Four strategic targets and nine external targets

Customer Satisfaction Index (CSI)

CSI stands for Cus­tomer Sat­is­fac­tion Index and mea­sures how sat­is­fied Peab’s cus­tomers are.

TARGET: >75

OUTCOME 2023: 80

Serious accidents

The tar­get is mea­sured as zero fatal ac­ci­dents and a con­tract­ing trend, rolling 12 months. Se­ri­ous ac­ci­dents are de­fined ac­cord­ing to clas­si­fi­ca­tion 4.

TARGET: <49

OUTCOME 2023: 48

eNPS

eNPS stands for em­ploy­ee Net Pro­mot­er Score and mea­sures em­ploy­ee en­gage­ment. The result varies between -100 and 100.

TARGET: >19

OUTCOME 2023: 26

Operating margin

What is left of net sales for interest, tax and any profit after deducting operating costs. The tar­get is mea­sured ac­cord­ing to seg­ment re­port­ing. 

TARGET: >6%

OUTCOME 2023: 3.2%1)

Net debt/equity ratio

Net debt in re­la­tion to eq­ui­ty. The tar­get is mea­sured ac­cord­ing to seg­ment re­port­ing.

TARGET: 0.3-0.7

OUTCOME 2023: 0.6

Dividends

The tar­get is to sur­pass 50 per­cent of prof­it for the year. Mea­sured ac­cord­ing to seg­ment re­port­ing.

TARGET: >50%

OUTCOME 2023: 30%2)

Carbon dioxide intensity

Climate target for input goods and purchased services

The tar­get refers to lower emis­sions of green­house gases Scope 3 (ton CO2e/MSEK)

TARGET 2030: -60%

OUTCOME 2023: -49%

Carbon dioxide intensity

Climate target for input goods and purchased services

The target refers to lower emissions of greenhouse gases Scope 3 (ton CO2e/MSEK)

TARGET 2030: -50%

OUTCOME 2023: -9%

Equal opportunity

The tar­get is mea­sured as: per­cent­age of re­cruit­ed women in pro­duc­tion among skilled work­ers (SW, pro­duc­tion and pro­cess­ing) and white-​collar work­ers (WCW, pro­duc­tion man­age­ment and pro­duc­tion sup­port) > per­cent­age of women who have grad­u­at­ed with, for us, rel­e­vant de­grees on the ed­u­ca­tion mar­kets.

TARGET:
>5% (SW)
>30% (WCW)

OUTCOME 2023:
14.2% (SW)
18.8% (WCW)

1) 2.5% exclusive the effect of Mall of Scandinavia (MSEK 400). For more information see Other information and appropriation of profit page 89.

2) Based on number of outstanding shares.

Read more about our targets here 

Employees

14,000

Peab is a long-​term and reliable employer that prioritizes health and a safe work environment. We offer opportunities for personal development in a company culture built on respect for everyone’s equal value and which is characterized by our core values Down-​to-​earth, Developing, Personal and Reliable.

Net sales1)

BSEK 59 

Per business area, 2023
Per geographic area, 2023
Per customer type, 2023
Operating profit per business area, 2023 1) 2)

1) According to segment reporting

2) Construction 2023 exclusive Mall of Scandinavia (MSEK 400). For more information see Other information and appropriation of profit page 89.