NCC AB

NCC B

Equity

ISIN SE0000117970 / Valor 614797

NASDAQ Nordic Exchange Stockholm, Equities (2025-01-10)

SEK 155.30+0.06%

NCC AB
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About company

NCC AB is a construction company that manages the complexity of construction processes from start to finish, contributing to positive societal impact and transformation. The company is involved in building various structures such as schools, hospitals, roads, bridges, houses, and offices. NCC has recently secured contracts in Norway for asphalt projects with a total value of approximately SEK 540 million, as well as construction contracts in Sweden and Finland with order values of approximately SEK 200 million and SEK 460 million, respectively. These projects demonstrate NCC's expertise and presence in the construction industry across multiple countries in the Nordic region.

Summarized from source with an LLMView SourceSector: Industrials

Operating Profit

NCC AB reported an operating profit of SEK 623 million for Q2 2024, a significant increase from SEK 503 million in the same quarter of the previous year. This improvement was primarily driven by the Industry business area, which saw higher volumes, orders received, and sales.

Net Sales

For Q2 2024, NCC AB's net sales totaled SEK 15,448 million, up from SEK 14,854 million in Q2 2023. The increase in net sales was mainly attributed to the Industry business area, while other business areas remained stable.

Orders Received

During Q2 2024, NCC AB's orders received amounted to SEK 14,664 million, slightly down from SEK 14,691 million in Q2 2023. Despite the slight decrease, the Infrastructure and Industry segments showed a good increase in orders received.

Profit After Tax

NCC AB's profit after tax for Q2 2024 was SEK 472 million, compared to SEK 407 million in Q2 2023. This increase in profit after tax reflects the overall improvement in operating profit and stable performance across various business areas.

Cash Flow

Cash flow before financing for NCC AB in Q2 2024 was SEK -383 million, an improvement from SEK -1,274 million in Q2 2023. The better cash flow was mainly due to improved cash flow from accounts receivable and payable, and lower investments in ongoing property projects.

Summarized from source with an LLMView Source

Key figures

22.5%1Y

-5.48%3Y

-1.02%5Y

Performance

23.1%1Y

29.9%3Y

31.3%5Y

Volatility