Peab's Interim Report  January - March 2011


Peab's Interim Report  January - March 2011

Operative net sales increased by 22 percent to SEK 8,797 million (7,189)

Operative operating profit amounted to SEK 102 million (107)

Earnings per share before dilution amounted to SEK 0.19 (0.27)

Orders received during the first quarter increased by 20 percent to SEK
10,306 million (8,591)

Order backlog for Construction and Civil Engineering has grown by 11
percent to SEK 29,689 million (26,769)

- The first quarter has been characterised by continued improvement in
the economy and more activity on the construction market. We are well
prepared to meet the challenges ahead of us in the work of establishing
ourselves as the Nordic community builder. This interim report will be
my last as CEO for Peab and Jan Johansson will now take over the helm
and lead the company onward in true Peab spirit, says Peab's CEO and
President Mats Paulsson.

For additional information, please contact:

Gösta Sjöström,
CIO                                                 +46 733 371010

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 10 May 2011.

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

 

Attachments

05102594.pdf
GlobeNewswire