Following a comprehensive analysis of NCC, the company is presenting a number of measures to improve profitability. The quarter was charged with provisions for claims and warranties, revaluation of development properties and impairment losses totaling SEK 1,565 M. Operating profit for the third quarter is estimated to amount to approximately negative SEK 1,108 M.

NCC has been commissioned by Bane NOR in Norway to carry out concreting works on the Loenga-Ekebergåsen line, a part of the expansion of the Follo Line between Oslo and Ski — Norway’s largest infrastructure project of the modern era. The order value is approximately SEK 275 million.

Ann-Marie Hedbeck has been appointed General Counsel of NCC. She has been Acting General Counsel on two occasions, once in the Executive Management Team and once in the expanded Executive Management Team, since the end of August.

Anders Torell has been named Nordic CIO of the Year by international networking company Management Events for his work as CIO at NCC Industry and in this current position as CEO of NCC’s Loop Industries. The prize was awarded at the Nordic Strategy Forum Executive IT conference, where Anders Torell was selected from among a group of nominees that included Tommi Tuovila, CIO of Neste, and Åshild Hanne Larsen, CIO of Equinor.

NCC is raising Operational Development to the Executive Management Group level with Ylva Lageson as Head of Operational Development and IT (ODIT). The new function in the Executive Management Group will develop NCC’s processes and work methods, develop NCC’s strategic work, IT and digitalization. Fredrik Vernersson has been appointed new Head of Strategy reporting to Ylva Lageson. He is currently working with transformation services at McKinsey & Company.