Slide 1: Q3 January – September
| _—- + iq Janud ei 4 || « i | ea} li ! i] | | | orden Kaptensg, 17 \ = = = ] “|; Restaurang - Torgg. 13 ony -| ry - September, THE NORDIC COMMUNITY BUILDER
Slide 2: Housing investments remain at a low level
MARKET OUTLOOK Housing investments remain at a low level Started-up housing investments, new and renovations 2024 2025 2026 Sweden ↑ 2024 i 2025 2026 Norway (→) ↑ 2024 2025 2026 Finland ( ) Source: Navet
Slide 3: Varying investment levels in other building construction
MARKET OUTLOOK Varying investment levels in other building construction Started-up other building construction investments, new and renovations 2024 2025 2026 Sweden ( ) → 2024 2025 2026 Norway ↑( ) →( ) →( ) 2024 2025 2026 Finland →( ) → Source: Navet
Slide 4: Continued high level of investments in civil engineering
MARKET OUTLOOK Continued high level of investments in civil engineering Civil engineering investments 2024 2025 2026 Sweden → (-) 2024 2025 2026 Norway → (-) 2024 2025 2026 Finland (-) Source: Navet
Slide 5: Stable investment levels in the Nordic market
MARKET OUTLOOK Stable investment levels in the Nordic market Total construction and civil engineering investments, new and renovations 2024 2025 2026 Sweden →( ) 2024 2025 2026 Norway →( ) → 2024 2025 2026 Finland →( ) → Source: Navet
Slide 6: Business area Construction
Business area Construction Brf Ekan Karlstad
Slide 7: Business area Construction
Business area Construction Jul-Sep Jul-Sep Oct 2023- Jan-Dec MSEK 2024 2023 Sep 2024 2023 Net sales 5,130 5,789 24,305 27,780 Operating profit excl. 96 96 -38 41 Mall of Scandinavia Operating margin excl. 1.9 1.7 -0.2 0.1 Mall of Scandinavia, % Operating profit 96 96 -38 441 Operating margin, % 1.9
Slide 8: Lower level of orders received and order backlog
BUSINESS AREA CONSTRUCTION Lower level of orders received and order backlog Orders received, MSEK 9,000 8,490 8,000 7,000 6,563 6,654 6,321 6,000 5,577 5,835 Order backlog 4,804 4,756 5,000 4,000 3,000 4,489 23.2 BSEK (25.7) 2,000 1,000 0,000 Q322 Q422 Q123 Q223 Q323 Q423 Q124 Q224 Q324
Slide 9: New contracts in the third quarter
BUSINESS AREA CONSTRUCTION New contracts in the third quarter New mobility Renovation of New central station New school building homes (870 MSEK) (160 MSEK) (109 MSEK) (109 MNOK) Gothenburg Jönköping Sundsvall Tromsø
Slide 10: Allocation per product area
BUSINESS AREA CONSTRUCTION Allocation per product area Net sales, rolling 12 months Order backlog per September 30, 2024 10% Housing Housing 12% 8% 29% Construction maintenance Construction maintenance Sports facilities 27% Sports facilities Industrial 9% Industrial Offices Offices 14% Logistics Log
Slide 11: Business area Civil Engineering
Business area Civil Engineering
Slide 12: Business area Civil Engineering
Business area Civil Engineering Jul-Sep Jul-Sep Oct 2023- Jan-Dec MSEK 2024 2023 Sep 2024 2023 Net sales 3,810 3,491 16,100 15,164 Operating profit 117 110 539 501 Operating margin, % 3.1 3.2 3.3 3.3
Slide 13: Stable level of orders received and high order backlog
BUSINESS AREA CIVIL ENGINEERING Stable level of orders received and high order backlog Orders received, MSEK 9,000 8,188 7,985 8,000 7,000 6,000 Order backlog 5,000 4,000 3,000 2,618 2,904 4,442 3,891 3,483 3,274 3,051 21.6 BSEK (15.1) 2,000 1,000 0,000 Q322 Q422 Q123 Q223 Q323 Q423 Q124 Q224 Q324
Slide 14: New contracts in the third quarter
BUSINESS AREA CIVIL ENGINEERING New contracts in the third quarter Renovation of Electricity Water and waste North Danvik Bridge grid services water project (299 MSEK) (105 MSEK) (127 MNOK) Central Stockholm Norrland Bærum
Slide 15: Allocation per product area
BUSINESS AREA CIVIL ENGINEERING Allocation per product area Net sales, rolling 12 months Order backlog per September 30, 2024 19% Operations and Operations and 26% maintenance 20% maintenance Energy Energy 6% Streets and Streets and groundwork 45% 5% groundwork 4% Ports and sea Ports and sea Industr
Slide 16: Business area Industry
Business area Industry
Slide 17: Business area Industry
Business area Industry Jul-Sep Jul-Sep Oct 2023- Jan-Dec MSEK 2024 2023 Sep 2024 2023 Net sales 7,528 6,780 21,028 19,962 Operating profit 848 588 1,294 962 Operating margin, % 11.3 8.7 6.2 4.8
Slide 18: Allocation per product area
BUSINESS AREA INDUSTRY Allocation per product area Net sales, rolling 12 months 7% Paving 9% Concrete Mineral Aggregates 8% Transportation and Machines 53% Rentals 13% Construction System 10%
Slide 19: High level of orders received in the third quarter
BUSINESS AREA INDUSTRY High level of orders received in the third quarter Orders received, MSEK 5,000 4,495 4,500 4,000 3,500 3,245 Order backlog 3,127 3,159 2,914 2,932 3,000 2,500 2,000 2,212 2,689 2,424 4.5 BSEK (4.3) 1,500 1,000 0,500 0,000 Q322 Q422 Q123 Q223 Q323 Q424 Q124 Q224 Q324
Slide 20: Lower level of capital employed and improved return on capital
BUSINESS AREA INDUSTRY Lower level of capital employed and improved return on capital Capital employed and return on capital employed* 14,000 14% 11,885 11,805 12,000 11,339 12% 10,957 10,807 10,762 10,699 10,806 10,688 10,000 10% Return on capital 8,000 8% employed 11.9 6,000 6% 4,000 4% % (6.8) 2,
Slide 21: Business area Project Development
Business area Project Development
Slide 22: Business area Project Development
Business area Project Development Jul-Sep Jul-Sep Oct 2023- Jan-Dec MSEK 2024 2023 Sep 2024 2023 Net sales 758 856 3,989 5,722 Operating profit -6 46 224 304 Operating margin, % -0.8 5.4 5.6 5.3 of which Housing Development -1.9 2.9 -3.7 3.8
Slide 23: Continued low demand for housing
BUSINESS AREA PROJECT DEVELOPMENT Continued low demand for housing Jul-Sep Jul-Sep Oct 2023- Jan-Dec MSEK 2024 2023 Sep 2024 2023 Total number of housing start-ups 108 1651 324 727 of which tenant-owner associations, ownership and residential limited companies 108 401 245 121 of which in rental apa
Slide 24: Own housing development production
BUSINESS AREA PROJECT DEVELOPMENT Own housing development production Sep 30, Sep 30, Number 2024 2023 Total number of homes under production 1,754 4,237 of which tenant-owner associations, ownership 1,051 2,879 and residential limited companies of which in rental apartment projects 703 1,358 Share
Slide 25: Ongoing property projects in Property Development
BUSINESS AREA PROJECT DEVELOPMENT Ongoing property projects in Property Development Adopted Rentable Degree Recognized Completion Completion Type of project Location investment, area, m2 rented, % value, MSEK time point level, % MSEK Office building Gothenburg 12,900 * 23 517 568 Q4-2024 91 Logistic
Slide 26: High but unchanging level of capital employed
BUSINESS AREA PROJECT DEVELOPMENT High but unchanging level of capital employed Capital employed and return on capital employed* 20,000 12% 18,017 18,093 18,334 18,408 18,229 18,000 17,351 16,226 10% 15,632 16,000 14,173 14,000 8% 12,000 Return on capital employed 10,000 6% 8,000 6,000 4% 1.7 % (4.0
Slide 27: The Peab Group
The Peab Group
Slide 28: Segment reporting
THE GROUP Segment reporting Jul-Sep Jul-Sep Oct 2023- Jan-Dec MSEK 2024 2023 Sep 2024 2023 Net sales 15,539 14,736 57,551 58,821 Operating profit 995 786 1,641 1,853 Operating margin, % 6.4 5.3 2.9 3.2
Slide 29: Geographic spread in the Nordic region
THE GROUP Geographic spread in the Nordic region Net sales, rolling 12 months 11% 71% 16% (13) (70) (15) 2% (2)
Slide 30: Increased share of public customers
THE GROUP Increased share of public customers Net sales , rolling 12 months 46% (53) 54% (47) Public customers Private customers
Slide 31: High order backlog and continued good risk diversification
THE GROUP High order backlog and continued good risk diversification Orders received Order backlog Share of projects under MSEK 500 44.5 47.0 68% BSEK (34.6) BSEK (41.7) (80)
Slide 32: Order backlog extended in time
THE GROUP Order backlog extended in time Order backlog allocated over time, MSEK 25,000 22,787 21,318 20,000 15,000 13,362 10,321 10,877 10,000 10,030 77% after current 5,000 financial year 0,000 (75) Current financial year Coming financial year Thereafter September 30, 2023 September 30, 2024 The p
Slide 33: Strong cash flow in the quarter
THE GROUP Strong cash flow in the quarter Cash flow before financing, MSEK 2,000 1,462 1,500 1,195 1,000 805 450 0,500 0,000 -95 -0,500 -218 -1,000 -897 -908 -1,500 -2,000 -2,500 -2,321 -3,000 Q322 Q422 Q123 Q223 Q323 Q423 Q124 Q224 Q324
Slide 34: Lower net debt and net debt/equity ratio
THE GROUP Lower net debt and net debt/equity ratio Net debt and net debt/equity ratio 14,000 0,9 0,8 12,000 0,7 10,000 2,868 0,6 2,918 2,272 8,000 2,649 0,5 Net debt 2,685 2,042 2,612 6,000 4,000 1,768 2,209 8,849 7,255 7,313 0,4 0,3 8.4 BSEK (10.2) 5,991 6,490 6,397 0,2 4,690 5,372 2,000 4,118 0,1
Slide 35: Target checkpoint
‘ Target checkpoint
Slide 36: Four target areas, nine external targets
Four target areas, nine external targets Most satisfied Best workplace eNPS customers CSI always over benchmark always over 75 Zero vision Serious accidents Through a contracting trend Operating margin Most profitable Leader in social Carbon dioxide Carbon dioxide intensity company >6 % responsibilt
Slide 37: Target: Operating margin over 6 percent
MOST PROFITABLE COMPANY Target: Operating margin over 6 percent Operating margin, Group 7 6.2 Target: 6% 6 5.2 4.8 4.9 5 4.7 4.4 4.5 4.3 4 3.2 2.9 3 2.5 2 1 0 2016 2017 2018 2019 2020* 2021 2022 2023** 2024 Q3*** *Operating margin 4.5% excl. effect of the distribution of Annehem Fastigheter of MSEK
Slide 38: Target: Net debt/equity ratio within interval 0.3-0.7
MOST PROFITABLE COMPANY Target: Net debt/equity ratio within interval 0.3-0.7 Net debt/equity ratio, Group 1,0 0,8 0.6 0,6 0.6 0.5 0.5 Target interval: 0,4 0.3-0.7 0.3 0.3 0,2 0.2 0.2 0.1 0,0 2016 2017 2018 2019 2020 2021 2022 2023 2024 Q3 Years 2016-2018 are not translated according to the changed
Slide 39: Zero vision for workplace accidents
BEST WORKPLACE Zero vision for workplace accidents Serious accidents, rolling 12 months, category 4 60 54 50 48 48 49 48 43 44 40 41 39 42 40 36 34 32 32 33 Target: 30 30 30 30 30 30 28 25 27 27 26 24 26 26 Contracting trend 18 16 18 20 18 19 18 20 20 16 23 21 21 18 19 19 18 19 18 10 16 10 14 14 14
Slide 40: Higher sales, strong profits and improved cash flow
JAN-SEP 2024 Higher sales, strong profits and improved cash flow • Markets for civil engineering and paving show good demand while the housing and commercial office markets are still weak • Stable level of orders received and high order backlog • Strong quarter with higher sales and improved result
Slide 41: Q&A
Q&A
Slide 42: Next report: Year-end report 2024 February 6, 2025
Next report: Year-end report 2024 February 6, 2025
Slide 43: Thank you!
Thank you!