Other information
Risks and uncertainty factors
Peab’s business is exposed to operational and financial risks. The impact of these risks on Peab’s result and position depends on how well the day-to-day business is handled in the company. In addition, Peab faces circumstantial risks such as developments in the economy and altered conditions like changes in laws and regulations and other political decisions.
Handling operational risks is a constant ongoing process since there are always a large number of projects that are beginning, up and running and ending. Operational risks are taken care of in the line organization in each business area. The financial risks are connected to tying up capital and the need for capital, primarily in the form of interest rate risk and refinancing risk. Financial risks are dealt with on Group level.
For further information on risks and uncertainty factors, see the 2016 Annual Report.
Holdings of own shares
At the beginning of 2017 Peab’s own B shareholding was 1,086,984 which corresponds to 0.4 percent of the total number of shares. No changes have taken place during the period January-September 2017.
The peab share
Peab’s B share is listed on the Nasdaq Stockholm, Large Cap list. As of 8 November 2017, the price of the Peab share was SEK 82.15, an increase of 14 percent during 2017. During the same period, the Swedish stock market increased by 11 percent according to the general index in the business magazine “Affärsvärlden”. During 2017 the Peab share has been quoted at a maximum of SEK 109.50 and a minimum of SEK 70.60.
IMPORTANT EVENTS AFTER THE REPORT PERIOD ENDED
In October Peab divested all its 2,458,447 shares in Lemminkäinen Oyj. The divestment generated a positive cash effect of around SEK 575 million. The transaction will be reported in the fourth quarter and affect net financial items positively by around SEK 90 million.