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    PEAB B   SE0000106205

PEAB AB (PUBL)

(PEAB B)
  Report
Delayed Quote. Delayed Nasdaq Stockholm - 01/14 11:29:49 am
107.5 SEK   -2.27%
01/12Peab builds homes in Tampere
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01/12Peab Builds Homes in Tampere
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01/03PEAB : Memorandum and Articles of Association
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Peab builds apartment building in Bandhagen

11/19/2021 | 02:01am EST

Peab has been commissioned to build an apartment building with 61 apartments in Bandhagen, south of Stockholm. The customer is Aktiebolaget Familjebostäder and the contract is worth SEK 150 million.

The project, the Färgfilmen Block, entails construction of a low-rise building with four stairwells. The 61 apartments will be placed on six floors with the penthouse divided into two apartments. Technical space and 28 parking spaces will be constructed under parts of the building, which will be built according to Miljöbyggnad Silver.

"We're really pleased to work together with Familjebostäder in the construction of rental apartments in Bandhagen and thereby build for the future. This is our mission as the Nordic Community Builder," says Louise Strömbeck, Region Manager Peab.

The project is a traditional contract. Construction is planned to start in December 2021 and occupation is planned for the fourth quarter 2023.

The project will be order registered in the fourth quarter 2021.

Illustration: Brunnberg & Forshed

For further information, please contact:

Louise Strömbeck, Region Manager Peab, +46 72 533 52 96

Juha Hartomaa, Head of Investor Relations Peab, +46 725 33 31 45

Peab is the Nordic Community Builder with 16,000 employees and net sales of SEK 58 billion. With a local presence and focus on our own resources we develop, do the groundwork and build everyday life where it's lived. Company headquarters are in Förslöv on Bjäre Peninsula in southern Sweden. The Peab share is listed on Nasdaq Stockholm.

https://news.cision.com/peab/r/peab-builds-apartment-building-in-bandhagen,c3456147

https://mb.cision.com/Main/424/3456147/1498145.pdf

https://news.cision.com/peab/i/fargfilmen-brunnberg-och-forshed,c2981425

https://news.cision.com/peab/i/louise-strombeck-peab,c2981426

(c) 2021 Cision. All rights reserved., source Press Releases - English

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Financials
Sales 2021 57 910 M 6 435 M 6 435 M
Net income 2021 2 096 M 233 M 233 M
Net Debt 2021 8 742 M 971 M 971 M
P/E ratio 2021 15,1x
Yield 2021 4,33%
Capitalization 31 713 M 3 522 M 3 524 M
EV / Sales 2021 0,70x
EV / Sales 2022 0,66x
Nbr of Employees 15 648
Free-Float -
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Mean consensus OUTPERFORM
Number of Analysts 2
Last Close Price 107,50 SEK
Average target price 120,00 SEK
Spread / Average Target 11,6%
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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
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