Year-end report

January – December 2024

Säby Bridge

Åkersberga

The last quarter of the year was strong and illustrated that we are once again growing. We present better profits, a strong cash flow and a higher level of orders received for both the last quarter of the year and the full year 2024. Operations in civil engineering and paving have developed particularly well during the year and on the whole Peab yet again proves how well our four business areas complement each other.

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We received a number of major construction projects and contracts in the fourth quarter, including:

  • Construction of Överby Waterworks in Trollhättan. The customer is Trollhättan Energi AB.

The contract is worth SEK 580 million.

  • Construction of LKAB’s new office building in Kiruna. The customer is LKAB.

The contract is worth SEK 459 million.

  • Commission to expand and rebuild underground pipelines from Lule River to Boden’s new industrial area, Boden Industrial Park. The customer is Boden Municipality.

The contract is worth SEK 276 million.

Other projects

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 sustainably close to customers

Business area Industry

Total supplier focused on the climate

Business area Civil Engineering

Ties people and communities together

Business area Project Development

Develops sustainable urban environments, homes and commercial properties