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.

Recognition of internal projects between business areas Construction and Project Development

Business area Construction reports net sales and profit/loss referring to the contract construction in our own housing projects, in rental projects and other property projects to business area Project Development. Recognition takes place over time as the projects are completed. Business area Project Development reports net sales for both contract construction and the developer part of our own housing projects. The recognized profit/loss consists of the profit/loss in the developer part recognized over time.

Recognition of property projects on our own balance sheet

The underlying sales value of property projects on our own balance sheet, reported as project and development property, that are sold in the form of a company via shares is recognized as net sales and the reported value on the balance sheet is recognized as an expense. When property projects recognized as operations property or investment property are divested the net effect on profit/loss is recognized as other operating income or other operating cost.

Group functions

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 and Peab Support (Shared Service Center).

Net sales and operating profit per business area

Net sales Operating profit
MSEK Oct-Dec
2019		 Oct-Dec
2018		 Jan-Dec
2019		 Jan-Dec
2018		 Oct-Dec
2019		 Oct-Dec
2018		 Jan-Dec
2019		 Jan-Dec
2018
Nettoomsättning Rörelseresultat
Mkr Okt-dec
2019		 Okt-dec
2018		 Jan-dec
2019		 Jan-dec
2018		 Okt-dec
2019		 Okt-dec
2018		 Jan-dec
2019		 Jan-dec
2018
Construction Bygg 8,371 8,182 29,416 28,340 208 207 713 670
Civil Engineering Anläggning 3,792 4,189 13,339 13,745 132 145 368 415
Industry Industri 3,592 3,803 13,339 13,284 363 401 938 977
Project Development Projektutveckling 2,138 1,904 7,784 7,844 234 245 966 785
– of which Property Development – varav Fastighetsutveckling 179 194 786 738 29 69 305 170
– of which Housing Development – varav Bostadsutveckling 1,959 1,710 6,998 7,106 205 176 661 615
Group functions Koncerngemensamt 325 223 1,176 1,043 -129 -155 -275 -274
Eliminations Elimineringar -2,906 -3,456 -11,046 -12,023 -53 20 -142 0
Group Koncernen 15,312 14,845 54,008 52,233 755 863 2,568 2,573

 

Operating margin
MSEK Oct-Dec
2019		 Oct-Dec
2018		 Jan-Dec
2019		 Jan-Dec
2018
Rörelsemarginal
Mkr Okt-dec
2019		 Okt-dec
2018		 Jan-dec
2019		 Jan-dec
2018
Construction Bygg 2.5% 2.5% 2.4% 2.4%
Civil Engineering Anläggning 3.5% 3.5% 2.8% 3.0%
Industry Industri 10.1% 10.5% 7.0% 7.4%
Project Development Projektutveckling 10.9% 12.9% 12.4% 10.0%
– of which Property Development – varav Fastighetsutveckling 16.2% 35.6% 38.8% 23.0%
– of which Housing Development – varav Bostadsutveckling 10.5% 10.3% 9.4% 8.7%
Group functions Koncerngemensamt
Eliminations Elimineringar
Group Koncernen 4.9% 5.8% 4.8% 4.9%