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    PEAB B   SE0000106205

PEAB AB (PUBL)

(PEAB B)
  Report
Delayed Quote. Delayed Nasdaq Stockholm - 01/20 11:29:42 am
109.2 SEK   +1.20%
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SummaryMost relevantAll NewsOther languagesPress ReleasesOfficial PublicationsSector news

Peab builds nursing home in Oslo

11/12/2021 | 02:01am EST

Peab has been commissioned to build the new nursing home Tåsenhjemmet in Oslo. The customer is Oslobygg KF and the contract is worth NOK 446 million.

The turnkey contract comprises four floors with 130 private rooms and a daycare center built in solid wood along with a basement. The gross area will be slightly more than 14,000 m2.

The new Tåsenhjemmet will be environmentally certified according to BREEAM Excellent and a zero emissions building. The project will also be a so-called FutureBuilt project that promotes climate neutral city development in the Oslo region.

"Tåsenhjemmet is a prestigious project for Peab. We're proud to build this building that is so important for the residents, their families and the employees. We are also positive to the tough environmental demands placed on us by Oslobygg since they both contribute to a lower climate impact and provide Peab with valuable experience in our work to achieve our own climate goals," says Kjetil Runningen, Region Manager Peab.

The project is expected to start in January 2022 and the nursing home should be ready for turnover in November 2023.

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

Illustration: Oslobygg KF

For further information, please contact:

Kjetil Runningen, Region Manager Peab, +47 932 22 309

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-nursing-home-in-oslo,c3451727

https://mb.cision.com/Main/424/3451727/1494929.pdf

https://news.cision.com/peab/i/tasenhjemmet-illustrasjon-oslobygg-kf,c2978902

https://news.cision.com/peab/i/kjetil-runningen,c2978903

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

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Financials
Sales 2021 57 910 M 6 359 M 6 359 M
Net income 2021 2 096 M 230 M 230 M
Net Debt 2021 6 136 M 674 M 674 M
P/E ratio 2021 15,2x
Yield 2021 4,31%
Capitalization 31 831 M 3 499 M 3 495 M
EV / Sales 2021 0,66x
EV / Sales 2022 0,61x
Nbr of Employees 15 648
Free-Float 59,3%
Chart PEAB AB (PUBL)
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Technical analysis trends PEAB AB (PUBL)
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Mean consensus OUTPERFORM
Number of Analysts 2
Last Close Price 107,90 SEK
Average target price 120,00 SEK
Spread / Average Target 11,2%
EPS Revisions
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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