NCC: Interim report for the second quarter and the first half of 2023
Increase in orders received and higher profit.
"NCC had a positive quarter with good orders received and higher operating profit. There is favorable demand in many segments", says Tomas Carlsson, CEO NCC.
- Good orders received and strong order backlog in all business areas
- Systematic improvement in operating profit for Infrastructure
- Construction operations notes stable sales, but are impacted by lower margins
- Industry reported higher year-on-year operating profit
- Cash flow is seasonally negative
- Orders received amounted to SEK 14,691 M (12,763)
- Net sales totaled SEK 14,854 M (14,001)
- Operating profit amounted to SEK 503 M (474)
- Profit after financial items totaled SEK 493 M (464)
- Profit after tax was SEK 407 M (383)
- Earnings per share after dilution amounted to SEK 4.17 (3.59)
- Orders received amounted to SEK 30,979 M (29,398)
- Net sales totaled SEK 27,319 M (24,113)
- Operating profit amounted to SEK 655 M (304)
- Profit after financial items totaled SEK 678 M (289)
- Profit after tax was SEK 560 M (236)
- Earnings per share after dilution amounted to SEK 5.73 (2.20)
NCC's President and CEO Tomas Carlsson and CFO Susanne Lithander will present the half-year report in an audiocast and teleconference on July 18, 2023 at 9:00 a.m. (CEST). The presentation will be held in English. Presentation material will be available at ncc.com/ir from approximately 8:00 a.m. (CEST).
Link to audiocast (https://creo-live.creomediamanager.com/c7a9c5df-49f5-4663-8110-353076a057f7)
To participate by phone, please call one of the following numbers five minutes prior to the start of the conference.
SE: +46 8 505 100 31
UK: +44 207 107 06 13
US: +1 631 570 56 13