Sweden — The Board of Directors of NCC has decided to replace the Group’s CEO Peter Wågström in order to increase focus on the construction and civil engineering operations. Recruitment of a new CEO will commence immediately. Håkan Broman, who has served as General Counsel at NCC for many years, will assume the position of acting CEO as of October 30 until such time as a new CEO is in place.

Norway — The management teams of the new business areas NCC Building and NCC Infrastructure have analyzed NCC’s Norwegian construction and civil engineering operations, which has resulted in the recognition of impairment losses totaling MSEK 290 (EUR 30M) in the third quarter. NCC’s operating profit for the third quarter is estimated at MSEK 503 (EUR 52M) (MSEK 720/EUR 74M) for the Group, net sales at SEK 13.6 billion (EUR 1.39 billion) (SEK 13.3bn/EUR 1.36bn) and orders received at SEK 12.6 billion (EUR 1.29 bn) (SEK 10.1bn/EUR 1.04bn).

Sweden — NCC, listed on Nasdaq Stockholm, is planning to distribute NCC Housing to shareholders in 2016 in accordance with the rules of Lex ASEA. In the event of a spin-off, NCC’s shareholders will receive shares in the new housing development company instead of cash dividends.