PEAB AB Q1 | January - March | ||
2024 | |||
MARKET OUTLOOK
Housing investments remain at a low level
Started-up housing investments, new and renovations
Sweden | 2024 | 2025 | 2026 |
↘ | ↗ | ↑(-) | |
Norway | 2024 | 2025 | 2026 |
↘ | ↗ | ↑(-) | |
Finland | 2024 | 2025 | 2026 |
↘ | ↗ | ↗(-) | |
Source: Navet
MARKET OUTLOOK
Varying investment levels in other building construction
Started-up other building construction investments, new and renovations
Sweden | 2024 | 2025 | 2026 |
↘ | →(↗) | ↗(-) | |
Norway | 2024 | 2025 | 2026 |
→ | ↑(→) | ↘(-) | |
Finland | 2024 | 2025 | 2026 |
↘ | →(↗) | ↗(-) | |
Source: Navet
MARKET OUTLOOK
Stable market for civil engineering investments
Civil engineering investments
Sweden | 2024 | 2025 | 2026 |
→ | ↗ | (-) | |
Norway | 2024 | 2025 | 2026 |
↗ | → | (-) | |
Finland | 2024 | 2025 | 2026 |
↘ | ↗(→) | (-) | |
Source: Navet
MARKET OUTLOOK
Slightly higher level of investments in the Nordic market
Total construction and civil engineering investments, new and renovations
Sweden | 2024 | 2025 | 2026 |
↘ | ↗ | ↗(-) | |
Norway | 2024 | 2025 | 2026 |
↗(→) | ↗(→) | →(-) | |
Finland | 2024 | 2025 | 2026 |
↘ | →(↗) | ↗(-) | |
Source: Navet
Business area Construction
Business area Construction
MSEK | Jan-Mar | Jan-Mar | Apr 2023- | Jan-Dec |
2024 | 2023 | Mar 2024 | 2023 | |
Net sales | 5,788 | 7,422 | 26,146 | 27,780 |
Operating profit excl. | 101 | 162 | -20 | 41 |
Mall of Scandinavia | ||||
Operating margin excl. | 1.7 | 2.2 | -0.1 | 0.1 |
Mall of Scandinavia, % | ||||
Operating profit | 101 | 162 | 380 | 441 |
Operating margin, % | 1.7 | 2.2 | 1.5 | 1.6 |
BUSINESS AREA CONSTRUCTION
Increased orders received for other building construction
Orders received, MSEK
9,000 | 8,490 | |||||||
8,000 | ||||||||
7,000 | 6,926 | 6,563 | 6,654 | |||||
6,321 | ||||||||
5,995 | 5,835 | |||||||
5,577 | ||||||||
6,000 | ||||||||
5,000 | 4,804 | |||||||
4,000 | ||||||||
3,000 | ||||||||
2,000 | ||||||||
1,000 | ||||||||
0,000 | ||||||||
Q122 | Q222 | Q322 | Q422 | Q123 | Q223 | Q323 | Q423 | Q423 |
Order backlog
25.5
BSEK (26.6)
BUSINESS AREA CONSTRUCTION
New contracts mainly from public customers
New swimming | Renovation and | Facility for | Extension of |
pool block | extension of | ||
clean energy | high school | ||
incl. housing | office building | ||
(19 MEUR) | (257 MNOK) | ||
(1,3 BSEK) | (160 MSEK) | ||
Partille | Oxelösund | Espoo | Bergen |
BUSINESS AREA CONSTRUCTION
Allocation per product area
Net sales, rolling 12 months
Order backlog per March 31, 2024
9%
8%
Housing
Construction maintenance
Sports facilities
10%
11%29%
Housing
Construction maintenance
Sports facilities
7%
36%
Industrial
Offices
Logistics
12%
Industrial
Offices
Logistics
10%
3%
9% | 7% |
6% | |
5% |
Service and retail
Schools and education
Health and social care
Other building construction
2%
1% | 9% |
7% | |
2% | |
17% |
Service and retail
Schools and education
Health and social care
Other building construction
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Disclaimer
Peab AB published this content on 06 May 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 May 2024 11:24:04 UTC.
