Peab's Year-end report January - December 2009

Peab's Year-end report     January - December 2009

● Net sales increased by 3 percent to SEK 35,140 million (34,132). Compared with
pro forma including Peab Industri net sales fell by 12 percent 

● Operating profit amounted to SEK 1,601 million (1,349). Operating profit pro
forma including Peab Industri for the comparable year amounted to SEK 2,202
million 

● Profit for the year amounted to SEK 1,321 million (1,093). Pro forma including
Peab Industri, profit for the comparable year amounted to SEK 1,724 million 

● Earnings per share before dilution amounted to SEK 4.59 (6.56). Pro forma
including Peab Industri, earnings per share before dilution for the comparable
year amounted to SEK 6.10 

● Order backlog for Construction and Civil Engineering increased to SEK 24,487
million (24,233)

● Strong cash flow in the fourth quarter

● The Board proposes an increase in dividends to SEK 2.50 (2.25) per share

 - We started 2009 in a haze of uncertainty and with the knowledge that it would
be a tough year with a soft market in Nordic construction. Now that we are on
the other side of 2009 we can notch up another good year for Peab. After a weak
beginning the market has gradually stabilised as the year passed. Our civil
engineering operations are a big part of this development and, as we
anticipated, they have created a stable platform, says Peab's MD and CEO Mats
Paulsson.

For additional information, please contact:
Gösta Sjöström, CIO 	+46 733 371010
Mats Leifland, IR	         +46 733 371006
Jesper Göransson, CFO	+46 733 371013
Jan Johansson, deputy MD	+46 733 374000

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 17 February 2010. 

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 35 billion and approximately
13,000 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.