Financial Objectives and Dividend Policy

NCC has established the following financial targets at Group level

NCC focus to improve and sustain a long term profitability.

  • Operating margin ≥4%
  • Annual return on equity after tax ≥20%
  • Net debt <2.5 times EBITDA
  • Dividend policy at least ≥40% of after-tax profit is to be distributed to shareholders.

Profitability and return objectives per Business Area

The following apply to the three business and business areas:

  • Industry (NCC Industry)
    is to achieve an operating margin of at least 4 percent and an average annual return on capital employed of at least 10 percent during the strategy period.
  • Construction and civil engineering (NCC Building and NCC Infrastructure)
    are to achieve an operating margin of at least 3.5 percent per year.

  • Development (NCC Property Development)
    is to achieve an operating margin of at least 10 percent and an average annual return on capital employed of at least 10 percent during the strategy period.
Maria Grimberg_Utokad_Ledningsgrupp
Maria Grimberg

Head of Communication, NCC Group