Peab AB (publ) (PEAB_B) Q3 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome to today's presentation of PEAB's nine-month report and report after the third quarter of 2025. My name is Johan Hartman and I am the CEO of PEAB. Next to me are Jesper Göransson, PEAB's CEO and CEO and Niklas Wingqvist, PEAB's CFO. As usual, Jesper and Niklas will present today's report. After that, you have the opportunity to ask questions. You can either do that manually with your phones, by pressing square five. Or you can write the question on the website, and I'll read them out later. But I'll return to the instructions. With those short words, we dive into the presentation of today's report. Welcome, Jesper. Thank you very much, Johan. It's as good as we get started. Welcome everyone to today's presentation of our nine-month report for 2025. I was going to start by talking about the market, then we'll talk about the business areas, and then Niklas will go through the concern figures. We are starting to look at housing investments in the Nordic countries. The assessment is that housing investments will continue to increase for 2026. This applies to all countries, even if we see a certain decline in Sweden. We estimate that the growth will come, but it will be from low levels. If we look at Sweden, we see this with low levels. It has been quite a dramatic fall since the top year of 2021. We have basically halved the housing volumes in Sweden. It seems that we have established ourselves on a new level, around 30,000 new homes per year in Sweden. That is, on an essentially lower level than we were used to. Vi tror fortsatt att den här tillväxten kommer att ske men det kommer att ta relativt sett långsamt. Det har vi sagt under egentligen samtlut av de här åren och hittills har det visat sig vara så. Det är ett antal faktorer som behöver spridas r...