Year-end report January 1 - December 31, 2016
NCC’s fourth-quarter earnings matched year-earlier level and orders received remained favorable.
- Orders received increased to SEK 16,267 M(15,690) in the fourth quarter and to SEK 56,506 M (51,492) for the full-year.
- Net sales amounted to SEK 16,519 M (16,268) in the fourth quarter and to SEK 52,934 M (53,116) for the full-year.
- Profit after financial items was SEK 630 M (622) in the fourth quarter and SEK 1,341 M (1,623) for the full-year.
- Profit after tax was SEK 532 M (518) in the fourth quarter and SEK 1,116 M (1,321) for the full-year. Profit after tax for remaining and discontinued operations amounted to SEK 501 M (1,241) in the fourth quarter and SEK 7,983* M (2,120) for the full-year.
- Earnings per share for remaining operations were SEK 4.93 (4.77) in the fourth quarter and SEK 10.30 (12.19) for the full-year. Earnings per share for remaining and discontinued operations were SEK 4.64 (11.47) in the fourth quarter and SEK 73.81* (19.59) for the full-year.
- The Board proposes a dividend of SEK 8.00 (3.00 + shares of Bonava) per share for 2016, divided into two payments (read more on page 11).
* In this report, Bonava is reported as a discontinued operation pursuant to IFRS 5 (see accounting policies on page 17 and Note 4) and is included in NCC’s income statement up to June 7, 2016. Earnings from discontinued operation comprise Bonava’s profit for the period January 1 to June 7 plus the difference between Bonava’s market capitalization at the date of its stock-exchange listing and Bonava’s shareholders’ equity at the spinoff date.
For further information, please contact:
Mattias Lundgren, Chief Financial Officer, NCC +46 (0)70-228 88 81
Johan Bergman, Head of Investor Relations, NCC +46 (0)8-585 523 53, +46 (0)70-354 80 35
Anna Trane, Head of Corporate Media Relations, NCC +46 (0)708 84 74 69
This is the type of information that NCC could be 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 27, 2016 at8:00 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 53 billion and 17,000 employees in 2016. The NCC share is listed on NASDAQ Stockholm.