Overview business areas
The Peab Group is presented in four different business areas: Construction, Civil Engineering, Industry and Project Development. The business areas are also operating segments.
In addition to the business areas central companies, certain subsidiaries and other holdings are presented as Group functions. The central companies primarily consist of the parent company Peab AB, Peab Finans AB and Peab Support (Shared Service Center).
Since the Board intends to summon an Extraordinary General Meeting to decide on distribution of Annehem Fastigheter when the situation has stabilized and conditions are more favorable, Annehem Fastigheter is therefore reported as a separate unit outside of segment reporting. Previously Annehem Fastigheter was included in business area Project Development and the unit Property Development. The change applies per January 1, 2020 and no comparative figures have been translated.
For more information regarding the differences between segment reporting and reporting according to IFRS, see note 1 and note 3.
Net sales and operating profit per business area
| Net sales | Operating profit | |||||||||
| MSEK | Jan-Mar 2020 | Jan-Mar 2019 | Apr 2019- Mar 2020 | Jan-Dec 2019 | Jan-Mar 2020 | Jan-Mar 2019 | Apr 2019- Mar 2020 | Jan-Dec 2019 | ||
| Nettoomsättning | Rörelseresultat | |||||||||
| Mkr | Jan-mar 2020 | Jan-mar 2019 | Apr 2019- mar 2020 | Jan-dec 2019 | Jan-mar 2020 | Jan-mar 2019 | Apr 2019- mar 2020 | Jan-dec 2019 | ||
| Construction | Bygg | 6,620 | 6,743 | 29,293 | 29,416 | 146 | 155 | 702 | 711 | |
| Civil Engineering | Anläggning | 2,770 | 2,916 | 13,193 | 13,339 | 41 | 36 | 372 | 367 | |
| Industry | Industri | 2,215 | 2,230 | 13,324 | 13,339 | -66 | -44 | 915 | 937 | |
| Project Development | Projektutveckling | 1,969 | 2,167 | 8,927 | 9,125 | 174 | 180 | 1,009 | 1,015 | |
| – of which Property Development | – varav Fastighetsutveckling | 122 | 173 | 735 | 786 | 25 | 46 | 279 | 300 | |
| – of which Housing Development | – varav Bostadsutveckling | 1,847 | 1,994 | 8,192 | 8,339 | 149 | 134 | 730 | 715 | |
| Group functions | Koncerngemensamt | 283 | 275 | 1,184 | 1,176 | -83 | -48 | -313 | -278 | |
| Eliminations | Elimineringar | -2,219 | -2,668 | -10,597 | -11,046 | -1 | -13 | -130 | -142 | |
| Group, segment reporting | Koncernen, segmentsredovisning | 11,638 | 11,663 | 55,324 | 55,349 | 211 | 266 | 2,555 | 2,610 | |
| Adjustment housing to IFRS | Justering bostäder till IFRS | 252 | 1,176 | 30 | 954 | -47 | 520 | 85 | 652 | |
| IFRS 16‚ additional leases | IFRS 16. tillkommande leasingavtal | – | – | – | – | 4 | 5 | 22 | 23 | |
| Annehem Fastigheter | Annehem Fastigheter | 40 | – | 40 | – | 6 | – | 6 | – | |
| Eliminations | Elimineringar | -60 | – | -60 | – | -4 | – | -4 | – | |
| Group, IFRS | Koncernen, IFRS | 11,870 | 12,839 | 55,334 | 56,303 | 170 | 791 | 2,664 | 3,285 | |
| Operating margin | |||||
| MSEK | Jan-Mar 2020 | Jan-Mar 2019 | Apr 2019- Mar 2020 | Jan-Dec 2019 | |
| Rörelsemarginal | |||||
| Mkr | Jan-mar 2020 | Jan-mar 2019 | Apr 2019- mar 2020 | Jan-dec 2019 | |
| Construction | Bygg | 2.2% | 2.3% | 2.4% | 2.4% |
| Civil Engineering | Anläggning | 1.5% | 1.2% | 2.8% | 2.8% |
| Industry | Industri | -3.0% | -2.0% | 6.9% | 7.0% |
| Project Development | Projektutveckling | 8.8% | 8.3% | 11.3% | 11.1% |
| – of which Property Development | – varav Fastighetsutveckling | 20.5% | 26.6% | 38.0% | 38.2% |
| – of which Housing Development | – varav Bostadsutveckling | 8.1% | 6.7% | 8.9% | 8.6% |
| Group functions | Koncerngemensamt | ||||
| Eliminations | Elimineringar | ||||
| Group, segment reporting | Koncernen, segmentsredovisning | 1.8% | 2.3% | 4.6% | 4.7% |
| Adjustment housing to IFRS | Justering bostäder till IFRS | ||||
| IFRS 16‚ additional leases | IFRS 16. tillkommande leasingavtal | ||||
| Annehem Fastigheter | Annehem Fastigheter | 15.0% | – | 15.0% | – |
| Eliminations | Elimineringar | ||||
| Group, IFRS | Koncernen, IFRS | 1.4% | 6.2% | 4.8% | 5.8% |