Peab AB (publ) (PEAB_B) Q4 2025 Earnings Call

Investor webinar replay

Replay transcript excerpt

Hello and welcome to today's presentation of PEAB's book Slutskommuniqué and the report after the fourth quarter. My name is Johan Hartman, I am the IAF chief at PEAB and next to me is Jesper Göransson, PEAB's board of directors and CEO. and Niklas Winkvist, the CFO. As usual, Jesper and Niklas will present today's report, which we published a little while ago. Then you have the opportunity to ask questions. You can either do it manually, by pressing the square button on your mobile phone, or you can write any questions directly on the website. I'll read them out later. So, let's get started. Jesper, please. Thank you, David. Once again, welcome to this presentation and communication for 2025. We'll start by looking at the market forecasts and look at housing investments. We can see that we've had ups and downs here in 2025, and also in 2026. This indicates that we have a certain boost for Sweden. There is growth from low levels, and we can see that in this picture that we have talked about earlier. I think it is quite important to bear in mind. It is Sweden's proposed housing, but it looks quite similar in terms of trends in Norway and Finland. And here we see how dramatic the decline was after the top year of 2021. It was down to under 30,000 states. And we have been there for several years now. I think I see a stabilization on the business market during 2025. We are in the hands of around 30,000 startups per year. In the years ahead, I'm looking at increases based on the low level. This will probably continue to take time. We have said that from the beginning. It has taken a few years now. Det kan säkert ta ett tag till innan vi är tillbaka till de här lite högre nivåerna som vi hade innan. Men det viktiga är att vi konstaterar att vi har hamnat i en instabilisera...