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Interim report for the second quarter and first half of 2021

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Healthy orders received and continued earnings improvement

“Operating profit is improving in the contracting operations. We experience healthy demand, strong letting in our development projects, but Industry can still improve,” says Tomas Carlsson, President and CEO of NCC.

  • A positive quarter for the contracting operations, with favorable orders received and higher operating profit
  • Industry demonstrated underlying improvements, but operating profit was weighted down by asphalt operations in Finland
  • Favorable letting in ongoing property development projects, no major projects were recognized in profit during the quarter
  • Cash flow was seasonally negative in the quarter

Second quarter 2021

  • Orders received amounted to SEK 16,568 M (12,730)
  • Net sales totaled SEK 12,745 M (14,431)
  • Operating profit amounted to SEK 487 M (483)
  • Profit after financial items totaled SEK 476 M (463)
  • Profit after tax was SEK 388 M (435)
  • Earnings per share after dilution were SEK 3.61 (4.03)

First half of 2021

  • Orders received amounted to SEK 30,822 M (28,188)
  • Net sales totaled SEK 22,885 M (26,197)
  • Operating profit amounted to SEK 344 M (414)
  • Profit after financial items totaled SEK 324 M (373)
  • Profit after tax was SEK 265 M (351)
  • Earnings per share after dilution were SEK 2.46 (3.25)

For further information please contact:
Susanne Lithander, Chief Financial Officer (CFO), +46 73-037 08 74
Maria Grimberg, Head of Communication & Investor Relations, +46 70-896 12 88

Invitation to presentation of the Interim Report
NCC’s President and CEO Tomas Carlsson and Chief Financial Officer Susanne Lithander will present the half-year report in an audiocast and teleconference on July 21 at 9:00 a.m. CEST. The presentation will be held in English.

Presentation material will be available at www.ncc.com/ir from approximately 8:00 a.m. CEST. Link to audiocast: https://ncc-live-external.creo.se/210721 To participate by phone, please call one of the following numbers five minutes prior to the start of the conference. SE: +46 8 505 583 58, UK: +44 333 300 9271, US: +1 833 526 83 84

This information is information that NCC AB is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, on July 21, 2021, at 07:10 CEST.

About NCC. NCC is one of the leading construction companies in the Nordics. Based on its expertise in managing complex construction processes, NCC contributes to the positive impact of construction for its customers and society. Operations include commercial property development, building and infrastructure project contracting, and asphalt and stone materials production. In 2020, NCC had sales of SEK 54 bn and 14,500 employees. The NCC shares are listed on Nasdaq Stockholm.

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