Peabs Interim Report, Jan-Sept. 2002


FOERSLOEV, Sweden, Nov. 20, 2002 (PRIMEZONE) -- Peab (Stockholm:PEABb):

Orders received increased by 16 per cent to SEK 14 057 million (12 149)

Operating profit was SEK 375 million (374), of which Construction and Civil Engineering Sweden increased to SEK 268 million (220)

Profit after financial items was SEK 294 million (317). Close-down costs and write-downs totalling SEK 104 million have been charged to income.

Continued strong cashflow before financing totalled SEK 626 million (402)

The equity/assets ratio was 26.0 per cent (22.6)

Forecast for the full year 2002 of profit after financial items exceeding SEK 550 million

For more information, please contact:


Mats Paulsson, CEO
Peab
+ 46 431 89 000

Mats Leifland, CFO
Peab
+ 46 733 37 10 06

Gosta Sjostrom, Information Manager
Peab
+ 46 733 37 10 10

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

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The following files are available for download:


www.waymaker.net/bitonline/2002/11/20/20021120BIT00600/wkr0001.doc

www.waymaker.net/bitonline/2002/11/20/20021120BIT00600/wkr0002.pdf
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