Peab's interim report January - March 2010 Operative net sales decreased by 8 percent to SEK 7,189 million (7,844) Operative operating profit amounted to SEK 107 million (202) Earnings per share before dilution amounted to SEK 0.27 (0.57) Severe winter had effect on net sales and operating profits Orders received during the first quarter increased by 24 percent to SEK 8,591 million (6,949) Order backlog for Construction and Civil Engineering increased by 11 percent to SEK 26,769 million (24,079) Substantial increase in construction start-ups and sales of own housing developments - The positive trend in our customer's requests for our products and services, has continued through the first quarter. Although historically recovery is late in coming to the construction industry, belief in the future is back, which can be noted in our order book, says Peab's CEO and President 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, vice president +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 1.00 p.m. on 11 May 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.
Peab's interim report January - March 2010
| Source: Peab AB
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