Wednesday, Peab AB (publ) (PEAB-B.ST) announced the interim financial results for the first quarter, reporting a loss of SEK 173 million compared to SEK 367 million in the previous year.
Pre-tax loss for the group totaled SEK 234 million, down from last year's SEK 401 million.
Group net sales according to IFRS amounted to SEK 10,832 million during the quarter, compared to SEK 10,825 million in the previous year.
Currently, Peab's stock is moving down 4.50 percent, to 89.05 euros on the Stockholm Exchange.
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