Q1 2025 NCC AB Earnings Call Transcript

Apr 29, 2025 / 07:00 AM GMT

Release Date Price: kr181 (-5.83%)

Transcript

Key Points

Positve

NCC AB (STU:NCGB) reported stable performance with high orders received, particularly in Building Sweden.
The company has a solid order backlog, despite the negative impact of the strengthening SEK.
NCC AB (STU:NCGB) achieved its 2030 CO2 reduction target ahead of schedule and set a new target for further reductions.
The company is financially strong with a low net debt and is ready for selective M&A to complement its current operations.
There is a continued positive market outlook with strong demand in key contracting segments such as infrastructure and public buildings.

Negative

Property development did not recognize any sales of properties this quarter, impacting earnings.
The strengthening SEK negatively affected the overall order backlog when translated to local currency.
Cash flow from operating activities is significantly down from last year due to the absence of property sales.
The commercial property and residential markets remain slow, affecting potential sales.
The company faces competition from smaller players in Sweden and Finland, particularly in less complex projects.

Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

NCCb.ST - NCC AB
Q1 2025 NCC AB Earnings Call
Apr 29, 2025 / 07:00AM GMT

=====================
Presentation
--------------------------------------------------------------------------------
Unidentified_1 [1]
--------------------------------------------------------------------------------
Good morning everybody and welcome to this presentation of the first quarter 2025 for the NCC Group. I'm Thomas Carlson, the CEO of the company, and with me here today I have Susan Leander, our CFO.

And first, some key figures for the group.

But the way to think about, the quarter quarter is this. It's the stable performance, seasonally slow as over always and good overall demand. Sales and EI very stable, good orders received, high orders received in building Sweden. In industry, we have a very clear pronounced seasonality, but we have a strong demand in the industry business. Infrastructure solid with good demand and continued profit development in building Nordics.

Property development has not recognized any sales of properties

Already have an account? Log in

Get the full story

Subscribe Now

	Access to All Earning Calls and Stock Analysis
	30-Year Financial on one screen
	All-in-one Stock Screener with unlimited filters
	Customizable Stock Dashboard
	Real Time Insider Trading Transactions
	8,000+ Institutional investors’ 13F holdings
	Powerful Excel Add-in and Google sheets Add-on
	All data downloadable
	Quick customer support
	And much more...

7-Day Free Trial · Cancel Anytime

Subscription fee may be tax deductible.

Excellent

4.6 out of 5

Trustpilot

Research Tools

All-In-One Screener Stock Ideas Stock List Guru List Guru Real-Time Picks Insider List Insider Trades Economic Indicators Sector & Industry Performance DCF Calculator Calculators Discussion Board

Product

Pricing Plans Excel Add-In Google Sheets Add-on Data API Stock Comparison Table Manual of Stocks Instant Alerts Mobile App Newsletters Signup 中文

Education

Financial Glossary Tutorials FAQ Buffett Indicator Shiller P/E Yield Curve Today U.S. Inflation Rate Global Market Valuation Fed Net Liquidity Buffett Assets Allocation

Company

About GuruFocus Career Contact Us Advertise Term of Use Privacy Policy Referral Program Partner Program

Survey

We'd love to learn more about your experiences on GuruFocus.com and how we can improve!

Take Survey

Disclaimers

GuruFocus.com is not operated by a broker or a dealer. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes are provided by QuoteMedia, Inc. (CSI). Company fundamental data is provided by Morningstar. Analyst estimates data is sourced from both Refinitiv and Morningstar, with priority given to Refinitiv data. Data is updated daily.