FOERSLOEV, Sweden, Aug. 29, 2002 (PRIMEZONE) -- Peabs:
Enclosed we hereby forward Peabs Interim Report Q2 2002.
Orders received increased by 19 per cent to SEK 9 867 million (8 286).
Order backlog increased by 13 per cent to SEK 13 137 million (11 575).
Operating margin rolling twelve-month in Construction and Civil Engineering Sweden was 3.2 per cent compared with 2.9 per cent for the full year 2001.
Profit after financial items amounted SEK 177 million, compared with SEK 175 million previous year, which were charges with SEK 70 million (0) in close-down costs.
The equity ratio was 24,1 per cent (21,5 per cent).
"We have a good inflow of orders, a strong cash-flow, an increasing operating margin in the Swedish construction business and our industry companies have a strong position on the Swedish market. We have a positive view for the future," said CEO Mats Paulsson.
For more information please contact:
Mats Paulsson, CEO Peab +46 431 89 000 Mats Leifland, CFO Peab +46 733 37 10 06 Gosta Sjostrom, Information Manager Peab +46 733 37 10 10
Previous press releases from Peab are available at www.peab.com
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The following files are available for download:
www.waymaker.net/bitonline/2002/08/29/20020828BIT01080/wkr0001.doc www.waymaker.net/bitonline/2002/08/29/20020828BIT01080/wkr0002.pdf The full report