Interim report
January – September 2025
Homes
Turku, Finland
The trend from previous quarters remains strong with continued good development in civil engineering and paving operations as well as in premise construction. Peab is reporting a slight increase in net sales, improved operating margin and a strong cash flow for the third quarter.
We received a number of major construction projects and contracts in the third quarter, including:
- Construction of Sunnerby School in Sunnerby in Nynäshamn Municipality. The customer is Nynäshamn Municipality.
The contract is worth SEK 197 million.
- Construction of Hitachi Energy’s new campus at Finnslätten in Västerås. The customer is Hitachi Energy.
The contract is worth SEK 1.1 billion.
- Renovation and extension of an office building in Helsinki. The customer is S-Pankki Kiinteistövarainhoito.
The contract is worth EUR 24 million.
Peab’s four collaborating business areas
Peab’s business model consists of four collaborating and specialized business areas structured on the conditions in each of their markets, allocated geographically and by product segment.
Business area Construction
Builds locally close to customers
Business area Industry
Offers products and services that have a lower climate impact
Business area Civil Engineering
Ties people and communities together
Business area Project Development
Develops sustainable urban environments, homes and commercial properties
