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NCC AB (NCCb.ST)

NCCb.ST on Stockholm Stock Exchange

243.70SEK
26 May 2017
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Latest Key Developments (Source: Significant Developments)

Builder NCC Q1 pretax profit beats expectations
Friday, 28 Apr 2017 02:00am EDT 

April 28 (Reuters) - Ncc Ab :Favorable outcome for property developmentbusiness improves ncc's earnings.Ncc ab says orders received amounted to sek 11,482 m (10,538) in q1.Q1 net sales amounted to sek 11,806 m.Q1 profit after financial items improved to sek 283 m.Ncc ab says growth in the nordic construction market was high in 2016 and the market is expected to grow by 5% in 2017.Reuters poll: ncc q1 orders seen at 11.1 billion sek, pretax at 114 million sek.  Full Article

NCC sells land in Denmark for 95 mln SEK
Thursday, 9 Mar 2017 08:00am EST 

NCC AB : NCC divests land in Denmark for SEK 95 million .Says divestment will have a positive impact of about SEK 55 million on earnings in NCC Property Development business area in Q2 of 2017.  Full Article

NCC Q4 profit lags, orders beat expectations
Friday, 27 Jan 2017 02:07am EST 

NCC AB : Ncc ab q4 profit after financial items was sek 630 m (622) . Q4 orders received increased to sek 16,267 m(15,690) in q4 and to sek 56,506 m (51,492) for full-year . Board proposes a dividend of sek 8.00 (3.00 + shares of bonava) per share for 2016, divided into two payments . Reuters poll: ncc q4 orders was seen at 14.6 billion sek, pretax at 740 million sek, dividend at sek 6.93per share .Ncc ab says growth in the nordic construction market was strong in 2016, and is expected to decline significantly during 2017.  Full Article

NCC sells Helsinki business park for SEK 430 mln
Wednesday, 18 Jan 2017 08:00am EST 

NCC AB : NCC sells Aitio business park in Helsinki to op-financial group .Says is selling Aitio business park for SEK 430 million.  Full Article

NCC says Q3 op profit estimated at 503 mln SEK, impairment losses in Norway
Friday, 14 Oct 2016 01:30am EDT 

Ncc Ab : Impairment losses for projects in Norway . NCC says impairment losses totaling SEK 290 million in Q3 . Says NCC's operating profit for Q3 is estimated at SEK 503 million (720) for group . NCC Q3 net sales at SEK 13.6 billion (13.3) and orders received at SEK 12.6 billion (10.1) . NCC says inadequate project management is underlying reason for impairment losses, which largely relate to completed and delivered projects ."However, orders received and the market outlook were some of the bright spots in the quarter. Orders received for NCC increased by 25 percent in the third quarter compared with the year-earlier period," says CEO Peter Wagstrom.  Full Article

NCC sells share of Finnish project company to Citycon for 750 mln SEK
Wednesday, 10 Aug 2016 05:30am EDT 

NCC AB : NCC sells share of finnish project company to Citycon . Says purchase price for NCC's portion of jointly owned project company is approximately SEK 750 m. .Says sale will have a positive impact on earnings in ncc property development business area in Q3 of 2016.  Full Article

NCC says to buy back own shares
Wednesday, 20 Jul 2016 02:30am EDT 

NCC : With support of the mandate from the Annual General Meeting in April, the board of directors has decided on buy-back of own shares .Says has decided to buy around 365,000 shares of series B in company.  Full Article

NCC Q2 pretax profit undershoots, orders strong
Wednesday, 20 Jul 2016 02:00am EDT 

NCC AB, Q2 : Q2 orders received increased to SEK 17,123 m (13,807) . Q2 net sales amounted to SEK 13,646 m (13,218) . Q2 profit after tax amounted to SEK 441 m (427) . Q2 pretax profit amounted to SEK 548 m (529) .Reuters poll: NCC Q2 order intake was seen at 15.1 billion SEK, net sales at 13.7 billion, pretax profit at 614 million.  Full Article

NCC sees one-off effects in Q2 from Bonava spin-out
Friday, 1 Jul 2016 02:15am EDT 

NCC AB : Says publishing items affecting comparability for q2 of 2016 . Says transaction costs of SEK 62 mln for dividend and listing of Bonava will not be charged to income statement, but charged directly against shareholders' equity . Says has now decided to discontinue development and implementation of a joint HR system, which means that SEK 90 mln, pertaining to previously capitalized amounts, will be charged against NCC's earnings for Q2 of 2016 .Says earnings will be positively impacted by an amount of SEK 118 mln in Q2, due to internal gains derived from ongoing housing production for Bonava being dessolved.  Full Article

NCC wins 300 mln SEK order
Friday, 20 May 2016 02:00am EDT 

NCC AB : NCC and Kungälv Municipality have entered a partnering arrangement for the construction of a new waterworks north of Kungälv . The order value is approximately SEK 300 million . The project will be registered among orders during the second quarter of 2016 in the NCC Infrastructure business area .Construction of Kungälv's waterworks is a two-phase project. The first phase will be up and running no later than the summer of 2018.  Full Article

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