Interim report for the fourth quarter and full-year 2019
Improved earnings and strong cash flow
“NCC concludes 2019 with improved earnings and a strong cash flow” says Tomas Carlsson, President and CEO of NCC.
- Strong earnings from property development and improvements in several business areas in the fourth quarter
- Less orders received compared to fourth quarter previous year but order backlog higher than a year ago
- Operating profit for the full year increased 36 percent, adjusted for revaluations and restructuring totaling SEK 1,717 M that negatively impacted the third and fourth quarters of 2018
- The Board of Directors proposes a dividend of SEK 5.00 (4.00) per share for 2019, divided across two payments (see page 11)
Fourth quarter 2019
Susanne Lithander, Chief Financial Officer NCC, +46 (0)73-037 08 74
Maria Grimberg, Head of Communications and IR NCC, +46 (0)708 96 12 88
NCC’s President and CEO Tomas Carlsson and Chief Financial Officer Susanne Lithander will present the interim report at a meeting with integrated teleconference on January 30 at 9:30 a.m. (CET). The presentation will be held in English. The meeting will be held at the NCC head office in Solna, Sweden. The address is Herrjärva torg 4. Transportation will be coordinated from central Stockholm. For more information and the registration form, visit the NCC website.
The presentation can be followed via audiocast or by phone. Presentation material for the teleconference will be available at www.ncc.com/ir at around 9:00 a.m. (CET). Link to audiocast: https://ncc-live-external.creo.se/200130 To participate by phone, please call one of the following numbers five minutes prior to the start of the conference; Sweden: +46 8 566 427 03, UK: +44 333 300 9261, US: +1 833 526 838
This is the type of information that NCC AB is obligated to disclose pursuant to the EU Market Abuse Regulation. The information was issued for publication through the agency of the contact person set out above on January 30, 2020, at 7:10 a.m. CET.
About NCC. Our vision is to renew our industry and provide superior sustainable solutions. NCC is one of the leading companies in the Nordics within construction, infrastructure and property development, with sales of SEK over 57 billion and 16,500 employees in 2018. The NCC share is listed on NASDAQ Stockholm.