Peab's Year-end report

Peab's Year-end report


January - December 2008


•	Net sales increased by 7 percent to SEK 34 132 million (31 977), pro forma
including Peab Industri, net sales increased by 8 percent to SEK 39 762 million
(36 940)

•	Operating profit increased by 7 percent to SEK 1 349 million (1 261), pro
forma including Peab Industri, operating profit increased by 9 percent to SEK 2
202 million (2 023)

•	Profit for the year amounted to SEK 1 093 million (811), pro forma including
Peab Industri, profit for the year amounted to SEK 1 724 million (1 254)

•	Earnings per share before dilution amounted to SEK 6.56 (4.92), pro forma
including Peab Industri, profit per share amounted before dilution to SEK 6.10
(4.28)

•	Order back log for Construction and Civil Engineering totalled SEK 24 233
million

•	The Board proposes a dividend of SEK 2.25 (2.25) per share

 - Considering the intense activity in ongoing production during the year and
the strong result, 2008 was a very good year for Peab. However, the economy
began to slow down in the second half of the year and fell drastically in the
fourth quarter. Through the incorporation of Peab Industri, we have adapted Peab
to the new market situation and the new Peab will be financially stronger than
each company was separately "says CEO Peab Mats Paulsson.

Peab Industri has been consolidated into the Peab Group balance sheet from 31
December 2008. Peab Industri has not been integrated into the income statement
for 2008 since only a few weekdays remained of the fiscal year after
acquisition. Peab Industri is recorded in the pro forma income statements for
2007 and 2008 as if it had been owned by Peab 100 percent both years.For additional information, please contact:
Mats Leifland, CFO Peab +46 733 371006
Gösta Sjöström, CIO Peab  +46 733 371010

Peab AB discloses the information provided herein pursuant to the Securities
Markets Act and/or the Financial Instruments Trading Act. 
The information was submitted for publication at 7.00 p.m. on 12 February 2009. 

Previous press releases from Peab are available at www.peab.com


Peab is one of the leading construction and civil engineering companies in the
Nordic countries with a net sale exceeding SEK 30 billion and approximately
12,000 employees. The Group's subsidiaries have strategically located offices in
Sweden, Norway and Finland. The share is listed on NASDAQ OMX Stockholm. The
registered office of the Group is at Förslöv, Skåne in south of Sweden.