Press service tel: +46 858 519 00
Press service tel: +46 858 519 00
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.
NCC is selling its Fredriksberg office project in Helsinki for approximately SEK 460 million to Swiss Life Asset Managers.
Susanne Lithander will take office as CFO of NCC on November 12 and join NCC’s Executive Management Team. She comes from BillerudKorsnäs, where she worked as CFO for seven years.
NCC is purchasing a property from ICA Fastigheter with approximately 50,000 square meters of development rights for offices, retail and a hotel. NCC has also signed 15-year leases for approximately 20,000 square meters.
NCC will split its largest business area, NCC Building, into Building Sweden, led by Henrik Landelius, and Building Nordics, led by Klaus Kaae. The aim is to provide each unit with better conditions to achieve profitable growth.
An increased focus on safety at NCC has helped to reduce the number of worksite accidents. The overall trend for the last ten years shows a decline in the number of accidents. Today, the importance of safety will be discussed during Awareness Day at all NCC worksites.
NCC is inviting representatives from the financial market and media to a Capital Markets Meeting with NCC on Tuesday, October 16 in Stockholm.
NCC and Platzer are beginning construction on an office and hotel project in the Gårda district in connection with the detailed development plan now entering force. In parallel, leases have been signed with ESS Group regarding a hotel concept with the ambition of creating a unique new destination for visitor experiences and new meetings.
NCC is making changes to its Executive Management Group. Susanne Lithander is appointed as new CFO. Ylva Lageson returns to NCC as Head of Operational Development and IT and will become a member of the Executive Management Group.
NCC has been commissioned by the City of Gothenburg’s Traffic Administration Office to participate in a feasibility study and to calculate a target price for a cableway between Järntorget and Wieselgrensplatsen in central Gothenburg.
Danica Pension and NCC have entered into an agreement to build 50 apartments in an attractive location in Hellerup, just north of Copenhagen. The order value is approximately SEK 520 million.
NCC is to build a cultural district in Örebro that will include such amenities as a public library and a cultural school. The client is the municipal property company Örebroporten Fastigheter AB, and the project is a turnkey contract in partnering.
In accordance with NCC’s Articles of Association, owners of Series A shares are entitled to request that their shares be converted to Series B shares. As a result of such conversion, the total number of voting rights in the company is reduced. In connection with conversion, the company is obligated, pursuant to the Swedish Financial Instruments Trading Act (1991:980), to disclose details of the change in this manner.