“We have growth and a robust order backlog. Operating profit is stable but impacted by some pressure on margins. The market is difficult to assess at this time and we see higher risks than previously”, says Tomas Carlsson, President and CEO, NCC.
# Increased net sales in the Group, driven by the contracting business and Industry
# Order backlog remains robust in all business areas, and orders received are good
# Stable operating profit but pressure on margins. No property projects were recognized in profit
# Strong financial position
# NCC has initiated a repurchase program of own Series B shares, which will run up until the 2023 Annual General Meeting
Second quarter 2022
# Orders received amounted to SEK 12,763 M (16,568)
# Net sales totaled SEK 14,001 M (12,745)
# Operating profit amounted to SEK 474 M (487)
# Profit after financial items totaled SEK 464 M (476)
# Profit after tax was SEK 383 M (388)
# Earnings per share after dilution amounted to SEK 3.59 (3.61)
First half of 2022
# Orders received amounted to SEK 29,398 M (30,822)
# Net sales totaled SEK 24,113 M (22,885)
# Operating profit amounted to SEK 304 M (344)
# Profit after financial items totaled SEK 289 M (324)
# Profit after tax was SEK 236 M (265)
# Earnings per share after dilution amounted to SEK 2.20 (2.46)