NCC sells land outside Copenhagen
NCC is selling a large site outside Copenhagen. The sale of the land will give rise to a considerable capital gain for NCC Construction Denmark. This gain will be offset by impairment of projects within NCC Construction Denmark.
NCC Construction Danmark A/S has concluded an agreement regarding the sale of a land area south of Copenhagen. Details regarding the sale are not being disclosed for commercial reasons. In the interim report for January to March 2006, NCC Construction Denmark’s earnings were affected by the impairment of a number of external contracting projects. During the second quarter, additional impairment of these projects is expected, which will offset the earnings from the aforementioned sale of land. More detailed information will be presented in the interim report for January to June 2006, which will be published on August 23, 2006. . For further information, please contact: Ann-Sofie Danielsson, Financial Director, NCC Group, +46 (0)8 585 517 17, +46 (0)70 764 07 20 Annica Gerentz, Senior Vice President, Corporate Communications, NCC Group, +46 (0)8 5855 2204, +46 (0)70 398 42 09