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NCC is divesting the Frederiks Plads Company House office project in central Aarhus to PensionDanmark for approximately SEK 240 million.
NCC sells a part of division Road Services, ViaSafe Sweden, to Ramudden. ViaSafe Sweden handles road safety solutions, has a turnover of approximately SEK 100 million and employs 60 people.
NCC has been commissioned by Tyresö Municipality to build the new Fornudden school in Tyresö, outside Stockholm. The order value is just over SEK 300 million.
Instead of distributing Christmas gifts to personnel, NCC is donating SEK 1 million to the charitable organization Engineers Without Borders. NCC’s donation will go to fund the extension of a school in the Karagwe district of Tanzania.
NCC is registering the order for the second tunnel on the Faroe Islands – the Sandoy Tunnel – with an order value of SEK 1.2 billion.
NCC, Nuno Arkitektur and Bærum Municipality signed an agreement today for construction of the Rud swim center. The order is valued at approximately SEK 330 million, and the center will be open to the public in the summer of 2021.
NCC has been selected to renovate an office into a hotel at the main railway station in Helsinki, Finland. The value of the project is about SEK 740 million and the customer is the real estate investment company Exilion.
NCC has signed a comprehensive agreement with the Swedish Transport Administration to build a new road along European route E14 outside Sundsvall, Sweden. The assignment includes a new four-lane express road, crossings and bridges and the reconstruction of the current route. The order value amounts to SEK 455 million.
Customers in the construction sector have named NCC as Industry Leader 2018 for sustainability in the Nordic region’s largest sustainability study, Sustainable Brand Index B2B.
NCC has signed a framework agreement with Skåne Blekinge Vattentjänst for new, rebuilt and extended water and sewage infrastructure in the municipalities of Östra Göinge, Osby, Olofström and Bromölla. The assignment will take place through a strategic partnership with an order value estimated at between SEK 300 million and SEK 500 million.
NCC has reduced its carbon emissions by 35 percent in two and a half years. This is largely due to switching the majority of its Swedish asphalt plants to renewable fuels.
Comprehensive analysis impacted earnings
NCC and Staffanstorps Kommunfastigheter AB have signed a strategic partnering agreement for new construction and conversion of the company’s properties. The framework agreement, with an estimated order value of between SEK 400 and 700 million, will run for two years with an option for a two-year extension. An initial project in the framework agreement is a new school for some 550 students and an associated sports facility.
Following a comprehensive analysis of NCC, the company is presenting a number of measures to improve profitability. The quarter was charged with provisions for claims and warranties, revaluation of development properties and impairment losses totaling SEK 1,565 M. Operating profit for the third quarter is estimated to amount to approximately negative SEK 1,108 M.