PEAB Aktie

 

Peab Half-year report January – June 2025 “Peab's stable development continued during the second quarter of the year. We reported slightly lower net sales for the quarter but a higher operating profit and improved operating margin. Civil engineering operations, premise construction and large sections of business area Industry continued to develop well while less housing construction impacted operations in project development, construction system and crane rentals”, says Jesper Göransson, President and CEO of Peab. Summary according to segment reporting: April – June 2025 · Net...

PEAB Anlegg AS has appointed NRC Norge AS, a company wholly owned by NRC Group ASA, to a contract for the design and construction of track and catenary systems for the tram infrastructure in Trondheim. The contract is valued at approximately NOK 70 million. The work will commence immediately and is scheduled for completion in June 2027. For further information, please contact: Åsgeir Nord, CFO of NRC Group, + 47 957 34 985. This information is considered to be inside information pursuant to the EU Market Abuse Regulation, and is subject to the disclosure requirements pursuant to...

ATS Kraftservice AB, which is a subsidiary of Peab, has been entrusted once again with a framework contract for local grid services by E.ON. The contract runs for five years and is worth SEK 1,150 million with a one-year option. As part of the ongoing energy transition, E.ON Energidistribution AB is making one of its largest investments to date to modernize and strengthen the Swedish local grid. During the period 2026-2031, E.ON is planning extensive investments in electricity grid infrastructure to meet the increased demands on capacity, reliability and sustainability. ATS Kraftservice...

Peab has been commissioned to build Sunnerby School in Sunnerby in Nynäshamn Municipality. The project includes both new construction and rebuilding an existing school. The customer is Nynäshamn Municipality and the contract is worth SEK 197 million. Peab will build the new K-6 school in Sunnerby outside Nynäshamn. The school will replace Kyrk School and parts of the existing Sunnerby School located on the site today. When completed, the new school will have room for 420 students. Construction will begin with demolition of parts of the existing school to make room for the new one to be...

Peab, through its subsidiary Peab Asfalt in Denmark, has been commissioned to do the paving when the expressway Hillerød-Allerød is converted into a highway. The customer is Zøllner and the contract is worth DKK 82 million, equivalent to SEK 123 million. Peab Asfalt has been commissioned to do the paving in the conversion of the 13.5 km long expressway between Allerød and Hillerød on Zealand into a four lane highway. The work includes paving four bridges, road markings and milling the existing asphalt pavement where new on and off ramps will be built. "This is one of our largest orders...

Peab has been entrusted to take over construction of the new jail in Halmstad as the main contractor. The project was halted when the previous contractor went into bankruptcy in January 2025. Peab will begin by focusing on enabling a secure and efficient restart of the project. The customer is Specialfastigheter and the contract is worth SEK 433 million. The new jail in Halmstad is an important part of the Swedish Prison and Probation Service's efforts to meet the greater need for detention cells in southern Sweden. The facility will accommodate around 80 beds and is being built in close...

Peab has been commissioned to build double tracks between Sundsvall Central Station and Kubikenborg, just south of the station, to increase the capacity of the East Coast Line. The customer is the Swedish Transport Administration and the contract is worth SEK 218 million. The 2.5-kilometre double track extension between Kubikenborg and Sundsvall Central Station is the first stage of a future double track extension between Gävle and Sundsvall. The new East Coast Line is an important part of the strategic infrastructure investment in Norrland that will connect northern Sweden with the rest of...

In the newly formed joint venture Villa Primus AB Peab and Heba will develop a nursing home on Lilla Essingen in Stockholm. Peab will carry out the construction contract valued at SEK 566 million. Villa Primus AB, which is a newly formed joint venture between Peab and Heba, will develop a nursing home on Lilla Essingen in Stockholm. The nursing home will have room for 160 housing units and one service housing with six units. The project contributes to Stockholm's growing need for modern and safe housing for the elderly. The property comprises 12,000 m2 GFA with more than 10,000 m2 of...

Peab has been commissioned to carry out infrastructure and pipeline work as part of the construction of a new city district in Åkersberga, Hagby äng och kulle. The customer is Österåker Municipality and the contract is worth SEK 220 million. Hagby äng och kulle will be a new verdant city district with a small town feeling, 2.5 kilometers west of Åkersberga's city center. Hagby äng och kulle will have a variety of structures close to both water and recreation. The area will provide housing, public services and city center activities with a cohesive structure of streets, parkways, parks and...

Through a settlement agreement Peab and Unibail-Rodamco-Westfield (URW) have agreed on a final resolution of all transactions regarding the contract for Mall of Scandinavia. The agreement entails that Peab's liquidity will increase by one billion Swedish kronor in the third quarter 2025, that net financial items in the second quarter 2025 will be charged with around SEK 600 million and that net debt will remain unchanged. On June 30, 2023 an arbitral award in the case regarding the contract for Mall of Scandinavia was rendered. The arbitral tribunal concurred with Peab's claims for...

Through a settlement agreement Peab and Unibail-Rodamco-Westfield (URW) have agreed on a final resolution of all transactions regarding the contract for Mall of Scandinavia. The agreement entails that Peab's liquidity will increase by one billion Swedish kronor in the third quarter 2025, that net financial items in the second quarter 2025 will be charged with around SEK 600 million and that net debt will remain unchanged. On June 30, 2023 an arbitral award in the case regarding the contract for Mall of Scandinavia was rendered. The arbitral tribunal concurred with Peab's claims for...

Peab has been commissioned to carry out an extensive renovation of eight apartment buildings in Örebro. The customer is ÖrebroBostäder AB (ÖBO) and the contract is worth SEK 160 million. The project comprises a total of 192 apartments with apartments ranging from one to four rooms and a kitchen. The buildings have three residential floors and a basement. The renovation includes several important measures to improve both the exterior and interior of the buildings. Outside windows, facade panels and entrances will be updated. In addition, external wiring and culverts will be partially replaced....

Peab has been commissioned to build a plant for transformers in Ludvika, Sweden. The customer is Hitachi Energy and the contract is worth SEK 831 million. Peab will build a new plant in Ludvika for the production of large power transformers and shunt reactors. The new plant is an expansion of Hitachi Energy's operations in Ludvika and will be integrated with an existing production facility. The surface area of the new plant will be 20,400 m2 and comprise a factory, offices and locker rooms. "We're very proud to be part of Hitachi Energy's important work in shaping tomorrow's energy...

Peab has been commissioned to build a new dock in Karlskrona. The customer is NKT HV Cables AB and the contract is worth SEK 250 million. The project is part of NKT's ongoing expansion of its high voltage cable factory in Karlskrona and comprises construction of a sheet pile dock, a pile deck dock and a dolphin, adapted for a new cable-laying vessel that NKT has ordered for its operations. The contract also includes dredging as well as new construction of and rebuilding water, sewage and electricity facilities. "We look forward to this important contract that will improve the port. This...

Rodamco Projekt AB (RPAB) has filed for arbitration proceedings against Peab Sverige AB (Peab) for liquidated damages in the dispute concerning a turnkey contract for the construction of Mall of Scandinavia. The estimated total claim has reached SEK 1.1 billion as of today[1], which includes the original claim of SEK 617 million plus interest on the claim of SEK 490 million as from 2016. This follows the ruling from the Svea Court of Appeal on May 28, 2025, which partially annulled the arbitration tribunal's award issued in 2023, acknowledging certain procedural failings in the award and...

Peab has been commissioned to carry out renovations, extensions and new construction at Tingdal School in Åstorp. The customer is Björnekulla Fastigheter AB and the contract is worth SEK 215 million. Tingdal School is located in the eastern section of Åstorp. The total area of the project is 7,500 m2, of which 6,000 m2 will be new construction and 1,500 m2 will be renovations and extensions. The building will meet the requirements for Miljöbyggnad 4.0 Silver. "This is an important investment for the future and young people in Åstorp. We look forward to contributing our expertise to the...

On May 28, 2025 Svea Court of Appeal rendered its judgment regarding the challenge of the arbitral award in the case of Mall of Scandinavia in Solna. The challenge by Unibail Rodamco Westfield (URW) was completely dismissed concerning Peab's claims and URW was thereby immediately obliged to pay Peab around SEK 1.6 billion. The payment has yet to be received. In order to enforce Peab's rights Peab has therefore filed for bankruptcy for URW's wholly owned subsidiary Rodamco Projekt AB. This measure has been taken so that Peab through the bankruptcy proceedings can enforce its claim from the...

On May 28, 2025 Svea Court of Appeal rendered its judgment regarding the challenge of the arbitral award in the case of Mall of Scandinavia in Solna. The challenge by Unibail Rodamco Westfield (URW) was completely dismissed concerning Peab's claims and URW was thereby immediately obliged to pay Peab around SEK 1.6 billion. The payment has yet to be received. In order to enforce Peab's rights Peab has therefore filed for bankruptcy for URW's wholly owned subsidiary Rodamco Project AB. This measure has been taken so that Peab through the bankruptcy proceedings can enforce its claim from the...

Statement by Rodamco Projekt AB (RPAB) regarding the May 28th, 2025 Svea Court of Appeal judgment in the challenge of the final arbitration award between Peab AB and Rodamco Projekt AB. -          RPAB welcomes the decision by the Svea Court of Appeal to partially annul the award issued in 2023, acknowledging certain procedural failings in the arbitration court's decision and allowing RPAB to pursue liquidated damages of SEK 617 million plus interest as from 2016 -          The company is, however, disappointed in the court's decision to uphold the rest of the arbitration court's...

Peab has been commissioned to build housing in Helsingborg. The customer is Nordr Sverige AB and the contract is worth approximately SEK 130 million. The new homes will be located in Oceanhamnen in Helsingborg. The project comprises a building with varying floor heights of between four and seven stories. The building will contain commercial premises and 57 new tenant-owner apartments in a mix of penthouses, townhouses and smaller apartments. "We're very proud to have been entrusted with this project and to be able to contribute with our expertise in the construction of more homes in...