Regulatory Press Releases
Interim report January 1 - September 30, 2018
Comprehensive analysis impacted earnings
NCC presents new path forward and preliminary Q3 earnings charged with provisions and revaluations
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.
Information concerning revaluation in NCC and preliminary result for Q3
NCC splits business area NCC Building
NCC will split its largest business area, NCC Building, into Building Sweden, led by Henrik Landelius, and Building Nordics, led by Klaus Kaae. The aim is to provide each unit with better conditions to achieve profitable growth.
Invitation to a Capital Markets Meeting with NCC
NCC is inviting representatives from the financial market and media to a Capital Markets Meeting with NCC on Tuesday, October 16 in Stockholm.
Changes to NCC’s Executive Management Group – Susanne Lithander appointed CFO
NCC is making changes to its Executive Management Group. Susanne Lithander is appointed as new CFO. Ylva Lageson returns to NCC as Head of Operational Development and IT and will become a member of the Executive Management Group.
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.
NCC awarded railway project in Norway for SEK 1.7 billion by Bane NOR
NCC has been awarded the contract to construct the Venjar–Eidsvoll section of railway north of Oslo by Bane NOR. The contract was awarded on July 6 and the time limit for lodging appeals expired yesterday. The order value is about SEK 1.7 billion and the contract is expected to be signed not later than October 4 of this year.
Interim report January 1 - June 30, 2018
Increased sales and slightly lower earnings for NCC in the second quarter
Interim report January 1 - March 31, 2018
Strong orders received but lower profit due to break-even result in NCC Property Development