Peab AB (publ)

And once again, welcome to today's presentation of the first nine months of PEA 2024. We will start by looking at the market sector before we go into the business. We start with housing investments, and they have been at a still low level throughout 2024. If we look forward to 2025, development is expected to turn upwards in all three Nordic countries that we work in. It is falling interest rates that are expected to contribute to the increased demand for both housing rights as well as rental rights projects. We should note that the arrows point upwards, but it is a turn from low levels. And we continue to follow the development very carefully on the markets where we exist. But it feels like the housing market has changed. If we... Looking at the overall housing market, it has been a strong market during the year, and the expectations for 2025 are that it will continue to be a side-by-side development at a high level. It is the public sector, above all, that continues to keep up the investment levels in all of the three countries. And if we look at the layout, the market prognoses are stable. The investments are at a high level even for 2025. And as you know, our government in Sweden has gone out and wants to invest more money in infrastructure. This applies to both the operation and maintenance of roads and railways, i.e. in the existing infrastructure, but it also applies to investments in new infrastructure. Of course, this gives a long-term sustainability for the construction market in Sweden. If we bring it together to the total market, i.e. total housing and construction investments, both new and rebuilt, then it is expected Förbättringar i Sverige för 2025, medans investeringsnivåerna i Norge och Finland förväntas utvecklas passivt ledes.

Det är alltså, som vi säger, stabila investeringsnivåer på våra marknader för 2025. If we then go into business as we do now, and we start with the construction business here, then we have a quarter where the turnover of the building is 5.1 billion. Thank you. ... ... ... ... ... ... ... ... ... We will see if my white picture is standing. And here we see some examples of objects that we have got from the third quarter.

Stationshus i Göteborg, en skola i Jönköping, ett nytt mobilitetshus i Sundsvall och så ska vi renovera bostäder i Tromsö. Tittar vi på fördelning per produktområde inom bygg så står andelen bostäder på 29% i omsättningen och tittar vi in i orderstocken så är bostäderna nere på 27%. Det här är från toppnivå där vi låg över 50% för några år sedan. Samtidigt så ser vi då att orderingången från offentliga beställare, som jag nämnde innan, på andra typer av byprojekt fortsätter att vara god, och det är till exempel skolor, det kan vara vård, badhus, idrottsanläggningar med mera. Kontor, som växer omsättningen, där räknar vi in projekt som om- och tillbyggnad av styrkvarteret i Stockholm, polishus och riksarkivet.