Half-year report
January – June 2017
Värtahamnen
Stockholm
Profitable growth and high level of orders received
April – June 2017
- Operative net sales SEK 12,813 million (12,781)
- Operative operating profit SEK 631 million (624)
- Operative operating margin 4.9 percent (4.9)
- Pre-tax profit SEK 623 million (609)
- Earnings per share SEK 1.80 (1.74)
- Orders received SEK 12,156 million (10,165)
- Cash flow before financing SEK -1,105 million (6)
January – June 2017
- Operative net sales SEK 23,909 million (21,473)
- Operative operating profit SEK 947 million (812)
- Operative operating margin 4.0 percent (3.8)
- Pre-tax profit SEK 934 million (755)
- Earnings per share SEK 2.74 (2.16)
- Orders received SEK 23,270 million (22,051)
- Order backlog SEK 37,313 million (33,457)
- Cash flow before financing SEK 683 million (916)
- Net debt SEK 2,707 million (3,154)
- Equity/assets ratio 29.3 percent (27.5)
Comments from the CEO
Peab’s order level has been consistently growing for some time and this has led to higher net sales and a better result for the first half-year 2017. This high level of orders together with select investments in Project Development and Industry create stable conditions for the future.