FOERSLOEV, Sweden, Nov. 25, 2004 (PRIMEZONE) -- Peab's interim report for January -- September 2004
Peab's interim report for January - September 2004 is now available and a copy is attached with our compliments.
Net sales increased by 8 per cent to SEK 15 168 million (14 091)
Profit for the period amounted to SEK 212 million (168)
Profit per share amounted to SEK 2.50 (2.00)
Orders received increased by 12 per cent to SEK 15 513 million (13 814)
Order backlog amounted to SEK 15 956 (14 282)
Improved cash flow before financing, which amounted to SEK 28 million (-1 042)
The nine-month summary shows that development for the Peab Group has in many respects been positive. Our order situation has been constantly improving and we consider that conditions are right for a gradual improvement of profitability in the future, says Peab's MD Mats Paulsson
Previous press releases from Peab are available at www.peab.com
Peab is one of the leading construction and civil engineering companies in the Nordic countries with a net sale of SEK 20 billion and approximately 10 000 employees. The Group's subsidiaries have strategically located offices in Sweden, Norway and Finland. The share is listed on the Stockholm Stock Exchange.
The registered office of the Group is at Forslov, Skane in south of Sweden.
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-0- For further information contact: Mats Paulsson, MD Peab +46 431 89 135 Mats Leifland, Deputy MD Peab +46 733 37 10 06 Gosta Sjostrom, information manager Peab +46 733 37 10 10