Peab Year-end report, January - December 2024
"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", says Jesper Göransson, President and CEO of Peab.
Summary according to segment reporting:
October - December 2024
- Net sales SEK 16,785 million (15,639)
- Operating profit SEK 1,255 million (133)
- Operating margin 7.5 percent (0.9)
- Pre-tax profit SEK 1,183 million (31)
- Earnings per share before and after dilution SEK 3.63 (-0.25)
- Orders received SEK 12,052 million (10,527)
- Cash flow before financing SEK 1,719 million (1,462)
January - December 2024
- Net sales SEK 58,697 million (58,821)
- Operating profit SEK 2,763 million (1,853)
- Operating margin 4.7 percent (3.2)
- Pre-tax profit SEK 2,425 million (1,895)
- Earnings per share before and after dilution SEK 7.25 (4.92)
- Orders received SEK 56,510 million (45,108)
- Order backlog SEK 44,906 million (39,060)
- Cash flow before financing SEK 2,601 million (-1,317)
- Net debt SEK 9,118 million (8,676)
- Net debt/equity ratio 0.5 (0.6)
- The Board proposes a dividend of SEK 2.75 (1.50) per share divided into two payments
For further information, please contact:
Jesper Göransson, President and CEO of Peab, is reached through
Juha Hartomaa, Head of Investor Relations Peab, +46 725 33 31 45
This information is information that Peab AB is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above at February 6, 2025, at 8 a.m. CET.
Peab is the Nordic Community Builder with 13,000 employees and net sales of SEK 59 billion. With a local presence and focus on our own resources we develop, do the groundwork and build everyday life where it's lived. Company headquarters are in Förslöv on Bjäre Peninsula in southern Sweden. The Peab share is listed on Nasdaq Stockholm.
