- Peab’s 4th quarter orders reached SEK 12.05 billion, exceeding estimates of SEK 10.79 billion.
- Net sales for the quarter were SEK 17.19 billion, surpassing the projected estimate of SEK 15.64 billion.
- Operating profit came in at SEK 1.26 billion, slightly above the expectation of SEK 1.23 billion.
- Earnings per share (EPS) for the quarter were SEK 3.63.
- For the year 2024, Peab reported a dividend per share of SEK 2.75.
- The Nordic construction market outlook remains unchanged compared to the previous quarter.
- The housing markets are anticipated to improve in 2025, aided by expected lower interest rates.
- Current investor sentiment includes 2 buy ratings, 6 hold ratings, and no sell ratings.
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A look at Peab AB Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 3 | |
| Growth | 3 | |
| Resilience | 2 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.2 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts have given Peab AB a generally positive outlook based on its Smartkarma Smart Scores. With a strong Value score of 4, the company is viewed favorably in terms of its valuation. Additionally, Peab AB has received a solid Momentum score of 4, indicating positive market momentum. However, areas such as Growth and Resilience have scored lower at 3 and 2 respectively. These scores suggest that while the company may be well-valued and showing positive momentum, there may be some challenges in terms of growth and resilience in the long term.
Peab AB, operating in the construction, project development, and civil engineering sectors, has established itself as a key player in building commercial and residential structures, as well as infrastructure such as roads and bridges. The company’s diverse portfolio includes support services in asphalt, crane and machinery rental, rock engineering, concrete, and prefabricated elements. With a presence in multiple countries including Sweden, Norway, Finland, and Poland, Peab AB remains a prominent player in the construction industry with potential for further growth and market success.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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