“NCC had a positive quarter with good orders received and higher operating profit. There is favorable demand in many segments”, says Tomas Carlsson, CEO NCC.
 

  • Good orders received and strong order backlog in all business areas
  • Systematic improvement in operating profit for Infrastructure
  • Construction operations notes stable sales, but are impacted by lower margins
  • Industry reported higher year-on-year operating profit
  • Cash flow is seasonally negative

Second quarter of 2023

  • Orders received amounted to SEK 14,691 M (12,763)
  • Net sales totaled SEK 14,854 M (14,001)
  • Operating profit amounted to SEK 503 M (474)
  • Profit after financial items totaled SEK 493 M (464)
  • Profit after tax was SEK 407 M (383)
  • Earnings per share after dilution amounted to SEK 4.17 (3.59)

First half of 2023

  • Orders received amounted to SEK 30,979 M (29,398)
  • Net sales totaled SEK 27,319 M (24,113)
  • Operating profit amounted to SEK 655 M (304)
  • Profit after financial items totaled SEK 678 M (289)
  • Profit after tax was SEK 560 M (236)
  • Earnings per share after dilution amounted to SEK 5.73 (2.20)


Information meeting
NCC’s President and CEO Tomas Carlsson and CFO Susanne Lithander will present the half-year report in an audiocast and teleconference on July 18, 2023 at 9:00 a.m. (CEST). The presentation will be held in English. Presentation material will be available at ncc.com/ir from approximately 8:00 a.m. (CEST).

Link to audiocast

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, CFO NCC, +46 730 37 08 74
Maria Grimberg, Head of Communication & Investor Relations, +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 and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, on July 18, 2023, at 07:10 a.m. CEST.
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 building and infrastructure project contracting, asphalt and stone materials production and commercial property development. In 2022, NCC had sales of SEK 54 bn and 12,500 employees. The NCC shares are listed on Nasdaq Stockholm.