16.02.2016 08:16:00
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Peab: Year-end Report January - December 2015
Regulatory News:
Peab (STO:PEABB):
· Operative net sales excluding the write-down of the project Mall of Scandinavia SEK 45,052 million (43,820). Operative net sales were SEK 44,252 million (43,820)
· Operative operating profit excluding the write-down of the project Mall of Scandinavia SEK 1,852 million (1,783). Operative operating profit was SEK 1,052 million (1,783)
· Operative operating margin excluding the write-down of the project Mall of Scandinavia 4.1 percent (4.1). Operative operating margin was 2.4 percent (4.1)
· Earnings per share excluding the write-down of the project Mall of Scandinavia SEK 4.82 (3.48). Earnings per share were SEK 2.71 (3.48)
· The write-down of the project Mall of Scandinavia has reduced net sales and operating profit by SEK -800 million in the fourth quarter
· Orders received SEK 37,812 million (31,690). Order backlog SEK 26,991 million (24,922)
· Cash flow before financing SEK 1,787 million (2,803)
· Net debt SEK 3,118 million (3,886)
· Equity/assets ratio 28.8 percent (28.2)
· The Board proposes a dividend of SEK 2.60 (2.25) per share
- The year ended strongly with improvements in several of our operations, particularly housing development. During the year, orders received have increased in every business area. Our financial position continues to strengthen, providing us with good opportunities in the future, says Peab’s CEO Jesper Göransson.
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 on 16 February 2016 at 8:00 a. m.
Peab is the Nordic Community Builder with some 13,000 employees and net sales exceeding SEK 44 billion. The Group has strategically located offices in Sweden, Norway and Finland. The share is listed on NASDAQ Stockholm. The registered office of the Group is at Förslöv, Skåne in south of Sweden.
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