14.11.2013 14:32:00
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Peab’s interim report January-September 2013
Regulatory News:
Peab (STO:PEABB):
· Operative net sales amounted to SEK 30,153 million (32,434)
· Operative operating profit was SEK 36 million (705). One-off costs of SEK -920 million charged operating profit in the second quarter. Project write-downs of SEK -425 million were made during the second quarter of 2012
· Earnings per share amounted to SEK -0.24 (1.46)
· Orders received during the period amounted to SEK 26,947 million (30,270)
· Order backlog in Construction and Civil Engineering amounted to SEK 30,515 million compared to SEK 28,056 million at the end of 2012
· Extensive action plan for greater profitability progresses according to plan
"The third quarter has been characterized by the work to implement the extensive action plan which was adopted in August. Its purpose is to create a cost effective organization, based on local entrepreneur-ship. It is proceeding according to the plan and the new organization will be in place in its entirety by the end of the year. Our ongoing business has developed stably during the third quarter”, says Peab’s CEO and President 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 14 November 2013 at 2.30 p.m.
Peab is the Nordic Community Builder with some 14,000 employees and about SEK 45 billion in net sales. 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.
This information was brought to you by Cision http://news.cision.com
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