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In accordance with NCC’s Articles of Association, owners of Series A shares are entitled to request that their shares be converted to Series B shares. As a result of such conversion, the total number of voting rights in the company is reduced. In connection with conversion, the company is obligated, pursuant to the Swedish Financial Instruments Trading Act (1991:980), to disclose details of the change in this manner.
NCC is to refurbish and expand the Falkoner Center in the Frederiksberg district of Copenhagen, Denmark. It involves a turnkey contract and the order is worth just over SEK 640 million.
NCC is impairing an infrastructure project in Norway and lower year-on-year sales in the Danish and Finnish construction operations are impacting profit in the NCC Building business area. NCC’s operating profit is expected to amount to approximately SEK 400 million (503) for the third quarter.
An increased focus on safety at NCC has helped to reduce the number of worksite accidents. The number of worksite accidents has been halved in the past six years. Today, the importance of safety will be discussed during Awareness Day at all NCC worksites.