NCC reports strong earnings from housingdevelopment business in fourth quarter of 2011

Operating profit for NCC Housing, one of NCC’s business areas, totaled preliminary SEK 550 M (83) in the fourth quarter of 2011, which was significantly higher than expected.*

Since 2010, NCC has been reporting earnings pursuant to IFRIC 15, which entails, among other, that profit from the sales of housing units will not be recognized until the housing unit has been completed and handed over to the customer. In the fourth quarter of 2011, NCC handed over a large number of housing units at a margin that was higher than that on the housing units recognized in profit earlier in the year.

Other figures for the fourth quarter will be presented in NCC’s year-end report, which will be published on Wednesday, February 1, 2012.

*The average estimate, according to SME’s latest compilation, is SEK 268 M and the median is SEK 226 M.

For further information, please contact:
Chief Financial Officer Ann-Sofie Danielsson Tel. +46 (0)70-674 07 20
Investor Relations Manager Johan Bergman Tel. +46 (0)8-585 523 53, +46 (0)70-354 80 35

This is the type of information that NCC AB is obligated to publish pursuant to the Securities Market Act. The information was submitted for publication on January 25, 2012 at 08:00 a.m. CET.

All of NCC’s press releases are available on www.ncc.se

NCC is one of the leading construction and property development companies in the Nordic region. NCC had in 2010 sales of fully SEK 49 billion, with 17,000 employees.