Business
PEAB_B: Q3 2024 saw higher sales, strong profits, and a robust order backlog amid weak housing demand
PEAB_B: Q3 2024 saw higher sales, strong profits, and a robust order backlog amid weak housing demand
About this update from Peab Ab Class B
Higher sales and profits were achieved in Q3 2024, driven by strong civil engineering and paving demand, while housing and office markets stayed weak. Order backlog remains high, cash flow improved, and net debt decreased, supporting a stable outlook.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.