Interim report for the fourth quarter and full-year 2022

Stable end to the year

“2022 was more challenging than expected, but we are nonetheless well-equipped for the future, with a good order backlog, healthy demand in many segments, many stable businesses and a strong financial position”, says Tomas Carlsson, President and CEO, NCC.

  • Orders received lower, within natural variation, strong order backlog
  • Lower operating profit for the full year, primarily driven by Industry and Building Sweden, also by Building Nordics during the quarter
  • One property sale recognized in profit during the quarter
  • Good cash flow before financing for the quarter, but negative for the full year, driven by lower earnings and fewer property projects recognized in profit
  • Earnings per share SEK 10.29, compared with the target of SEK 16.00 per share in 2023
  • The Board of Directors has proposed a dividend of SEK 6.00 per share (6.00) for 2022, to be paid on two occasions, see page 14 in the report

Fourth quarter 2022

  • Orders received amounted to SEK 12,280 M (16,059)
  • Net sales totaled SEK 16,018 M (15,998)
  • Operating profit amounted to SEK 544 M (605).
  • Profit after financial items totaled SEK 520 M (577)
  • Profit after tax was SEK 407 M (538)
  • Earnings per share after dilution amounted to SEK 4.13 (5.00)

January - December 2022 period

  • Orders received amounted to SEK 53,285 M (55,786)
  • Net sales totaled SEK 54,198 M (53,414)
  • Operating profit amounted to SEK 1,358 M (1,825)
  • Profit after financial items amounted to SEK 1,299 M (1,765)
  • Profit after tax amounted to SEK 1,069 M (1,508)
  • Earnings per share after dilution amounted to SEK 10.29 (14.02)

Information meeting
NCC’s President and CEO Tomas Carlsson and Chief Financial Officer Susanne Lithander will present the report in a webcast and teleconference on January 31, 2023, at 9:00 a.m. (CET). The presentation will be held in English. Presentation material will be available at ncc.com/ir from approximately 8:00 a.m. CET.

Link to webcast: https://ncc-live-external.creo.se/230131

To participate by phone, please call one of the following numbers five minutes prior to the start of the conference.

SE: +46 8 505 100 31
UK: +44 207 107 06 13
US: +1 631 570 56 13

For further information, please contact:
Susanne Lithander, Chief Financial Officer (CFO), +46 730 37 08 74
Maria Grimberg, Head of Communication & IR, +46 708 96 12 88

NCC’s media line: +46 8 585 519 00, press@ncc.se, NCC's Media bank

This information is information that NCC AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, on January 31st, 2023, at 07:10 a.m. CET.
About NCC. NCC is one of the leading construction companies in the Nordics. Based on its expertise in managing complex construction processes, NCC contributes to the positive impact of construction for its customers and society. Operations include commercial property development, building and infrastructure project contracting, and asphalt and stone materials production. In 2021, NCC had sales of SEK 53 bn and 13,000 employees. The NCC shares are listed on Nasdaq Stockholm.