The board’s proposal for dividend in NCC - interim report fourth quarter and full year 2018 published
At the meeting today, the Board of NCC AB has decided to propose a dividend of SEK 4.00 (8.00) per share for the fiscal year 2018. Today NCC also publishes its interim report for the fourth quarter of 2018 and the full year 2018.
“NCC's result for the full year is characterized by the revaluations made in the third quarter. The fourth quarter is a step in the right direction with strong order intake and cash flow. The assessments of the company's status and the action plan presented in October remains unchanged,” says Tomas Carlsson, CEO of NCC.
“Regarding the dividend, the Board chooses to act in line with a more prudent principle for increased financial flexibility for NCC,” says Tomas Billing, Chairman of NCC.
In accordance with the regulations in MAR, the company believes that the information concerning proposed dividend may deviate from expectations in the market and therefore chooses to publish this information and to advance publication of the company's interim report for the fourth quarter and full year 2018.
An information meeting with an integrated telephone conference will be held on January 30 at 10:00 a.m. at Tändstickspalatset, Västra Trädgårdsgatan 15 in Stockholm. The presentation will be held in English. To participate in this teleconference, call +46 8 566 427 07 (SE), +44 333 300 92 66 (UK) or +1 844 625 15 70 (US), five minutes prior to the start of the conference.
For further information, please contact:
Anna Trane, Head of Corporate Media Relations, NCC, +46 708 84 74 69, anna.trane@ncc.se
Johan Bergman, Head of Investor Relations, NCC, + 46 70 354 80 35, johan.bergman@ncc.se
NCC’s media line +46 (0)8 585 519 00, E-mail: press@ncc.se, NCC's Media bank
This information is information that NCC AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 6:10 p m on January 29, 2019.
About NCC. Our vision is to renew our industry and provide superior sustainable solutions. NCC is one of the leading companies in the Nordics within construction, infrastructure and property development, with sales of over SEK 57 billion and 16,300 employees in 2018. The NCC share is listed on NASDAQ Stockholm.