Half-year report

January – June 2018

City Block Hörnan

Solna

High level of orders received and improved operating profit

April – June 2018

  • Net sales SEK 13,453 million (12,791)
  • Operating profit SEK 677 million (631)
  • Operating margin 5.0 percent (4.9)
  • Pre-tax profit SEK 673 million (617)
  • Earnings per share SEK 1.94 (1.78)
  • Orders received SEK 16,257 million (12,880)
  • Cash flow before financing SEK -704 million (-1,105)

January – June 2018

  • Net sales SEK 24,943 million (23,896)
  • Operating profit SEK 967 million (951)
  • Operating margin 3.9 percent (4.0)
  • Pre-tax profit SEK 929 million (928)
  • Earnings per share SEK 2.68 (2.72)
  • Orders received SEK 29,163 million (25,309)
  • Order backlog SEK 47,453 million (39,470)
  • Cash flow before financing SEK -1,094 million (683)
  • Net debt SEK 3,592 million (2,707)
  • Equity/assets ratio 29.2 percent (29.3)

Comments from the CEO

Peab continues to develop positively with a high level of orders received, higher nets sales and operating profit. Several large projects that we have been working on for quite some time were finalized in the second quarter and they strengthen and lengthen our order backlog. There is an increase in civil engineering projects among the orders received for the quarter, and in Construction other building construction continues to compensate for lower volumes in our own home development projects. All the business areas report improved profits for the quarter.

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