Peab's half-year report January - June 2010


Peab's half-year report January - June 2010  

Operative net sales increased to SEK 17,203 million (17,131)

Operative operating profit amounted to SEK 591 million (707)

Earnings per share before dilution amounted to SEK 1.36 (1.91)

Orders received during the first half year increased by 9 percent to SEK
19,161 million (17,500). The amount of orders received during the second
quarter was an all time high of SEK 10,570 million

Order backlog for Construction and Civil Engineering increased by 9
percent to     
SEK 29,039 million (26,728)

Continued positive development in housing construction

 

- Developments on the market during the second quarter of 2010 confirm
the continuation of the positive trend from the first quarter. The
Nordic construction market has accelerated particularly in Sweden and
Peab noted the highest level of orders received ever during a single
quarter. The growth is spread out in all of Peab's markets and in most
of our product segments. We anticipate a good growth in construction and
access to competent personnel will be a factor for success, 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, Deputy CEO     +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 a.m. on 24 August
2010.

 

Previous press releases from Peab are available at
www.peab.com (http://www.peab.com/)


Attachments

08232240.pdf
GlobeNewswire