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    PEAB B   SE0000106205

PEAB AB (PUBL)

(PEAB B)
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Delayed Nasdaq Stockholm  -  05/25 06:59:53 am EDT
72.00 SEK   -0.28%
05/19Peab's Board has decided to repurchase own shares
AQ
05/12Peab builds the block Gladan in Gällivare
AQ
05/12Peab Builds the Block Gladan in Gällivare
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Peab Builds Tullgarn Bridge in Uppsala

12/28/2021 | 02:00am EDT

Peab has been commissioned to build Tullgarn Bridge over Fyris River in Uppsala. The customer is Uppsala Municipality and the contract is worth SEK 157 million. Tullgarn Bridge is part of the expansion of infrastructure in Uppsala and will be important for the ongoing development of the south side of the city. The bridge will connect the residential areas in Kungsängen with Studenternas IP, a multi-use stadium, Stadsträdgården, the city park and Uppsala University Hospital, a major workplace. The bridge will also be important for emergency vehicles. Tullgarn Bridge is the third moveable bridge that Peab will have built for Uppsala Municipality after Flottsund Bridge and Vind Bridge. Tullgarn Bridge will be built as a bascule bridge over Fyris River with connecting roads and pedestrian and bicycle paths. The bridge will have one car lane in each direction as well as a four meter wide pedestrian and bicycle path on each side. The bridge will be around 60 meters long in total. The bridge will be built according to the sustainability assessment CEEQUAL in order to raise the project's sustainability performance. It will even have a special design where the leaf that lifts will be built entirely in corten steel. The connecting leaf will be built in concrete but in a corten form and both abutments will be clad in granite. Even the vertical lift is unusual in that it opens and closes by means of rope machinery in one of the bridge supports. The project is a traditional contract with construction responsibility. Planning of the bridge will begin immediately. Construction is expected to start in January 2022 and the bridge will be completed in the winter of 2023. The project will be order registered in the fourth quarter 2021.


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All news about PEAB AB (PUBL)
05/19Peab's Board has decided to repurchase own shares
AQ
05/12Peab builds the block Gladan in Gällivare
AQ
05/12Peab Builds the Block Gladan in Gällivare
CI
05/06Peab, Slättö Set Up Green Housing Development JV in Finland
MT
05/06Peab establishes joint venture for housing developments in Finland
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FA
05/05Peab's Annual General Meeting 2022
AQ
05/05Peab AB Approves Dividend for the Financial Year of 2021
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05/05PEAB INTERIM REPORT : Stable start of the year
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05/04Peab builds bridge to Varvstaden in Malmö
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Financials
Sales 2022 62 768 M 6 356 M 6 356 M
Net income 2022 2 456 M 249 M 249 M
Net Debt 2022 10 088 M 1 022 M 1 022 M
P/E ratio 2022 8,65x
Yield 2022 7,15%
Capitalization 21 237 M 2 151 M 2 151 M
EV / Sales 2022 0,50x
EV / Sales 2023 0,50x
Nbr of Employees 15 077
Free-Float 59,3%
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Mean consensus OUTPERFORM
Number of Analysts 2
Last Close Price 72,00 SEK
Average target price 95,00 SEK
Spread / Average Target 31,9%
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Managers and Directors
Jesper G÷ransson President & Chief Executive Officer
Niklas Tom Winkvist Chief Financial Officer
Anders Erik Runevad Chairman
Roger Linner Chief Operating Officer
Henrik Viberg J÷nsson Head-Finance & Investments