Regulatory Press Releases
Conversion of shares in NCC AB
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.
Interim report January 1 – September 30, 2016
Lower earnings but favorable orders received by NCC in the third quarter
NCC to construct new Faculty of Arts at University of Gothenburg
NCC has been commissioned by Akademiska Hus to construct the new Faculty of Arts at the University of Gothenburg. The order is worth SEK 484 million.
NCC to construct sports arena in Oslo
The City of Oslo’s Municipal Undertaking for Culture and Sports Facilities will commission NCC to build the Nye Jordal Amfi sports arena in Oslo, Norway. The order is worth SEK 445 million.
Harri Savolainen appointed Head of Operational Support for NCC Group and joins the NCC ExecutiveManagement Team
Harri Savolainen is appointed Head of Operational Support for the NCC Group. Operational Support is a new function which will include IT and Management Systems, R&D and Purchasing. The aim with the function is to focus and put together areas which are important to support the line operations, especial in digitalization.
NCC to remodel express road by Jönköping
NCC has been commissioned by the Swedish Transport Administration to remodel Route 26/47 between Månseryd and Mullsjö, northeast of Jönköping, into a 2+1 express road with median barrier. The project is being carried out to improve safety and accessibility on the road. The order is worth SEK 349 million.
NCC to develop and build four apartment buildings in Turku, Finland
NCC will develop and build four apartment buildings with approximately 200 apartments and a parking garage in Turku. The customer is Fincap Fund 1 Ky which is a part of Fincap Kiinteistörahastot Oy. The project sale amounts to million 260 SEK.
NCC to construct Novozymes Innovation Campus
NCC has been commissioned by the biotech company Novozymes to construct a modern campus – a center for biotechnology research and business development – north of Copenhagen, Denmark. The order is worth SEK approximately 865 million.
Impairment losses for projects in Norway
The management teams of the new business areas NCC Building and NCC Infrastructure have analyzed NCC’s Norwegian construction and civil engineering operations, which has resulted in the recognition of impairment losses totaling SEK 290 million in the third quarter. NCC’s operating profit for the third quarter is estimated at SEK 503 million (720) for the Group, net sales at SEK 13.6 billion (13.3) and orders received at SEK 12.6 billion (10.1).